Commodities

<p>Since a major source of income for many countries comes from exporting commodities price discovery and information transmission between commodity futures markets are key issues for continued economic development. <b><i>Commodities: Fundamental Theory of Futures Forwards and Derivatives Pricing Second Edition </i></b>covers the fundamental theory of and derivatives pricing for major commodity markets as well as the interaction between commodity prices the real economy and other financial markets.</p><p>After a thoroughly updated and extensive theoretical and practical introduction this new edition of the book is divided into five parts – the fifth of which is entirely new material covering cutting-edge developments.</p><ul> <li>Oil Products considers the structural changes in the demand and supply for hedging services that are increasingly determining the price of oil </li> <li>Other Commodities examines markets related to agricultural commodities including natural gas wine soybeans corn gold silver copper and other metals </li> <li>Commodity Prices and Financial Markets investigates the contemporary aspects of the financialization of commodities including stocks bonds futures currency markets index products and exchange traded funds </li> <li>Electricity Markets supplies an overview of the current and future modelling of electricity markets </li> <li>Contemporary Topics discuss rough volatility order book trading cryptocurrencies text mining for price dynamics and flash crashes</li> </ul>