The Economic Function of Futures Markets - Jeffrey C. Williams - Paperback Bog - Cambridge University Press - 1989 - Engelsk - Booktok.dk
Brand: Cambridge University Press
Description
This book offers an explanation of why commodity processors and dealers use futures markets. It argues that they use futures contracts as part of an implicit method of borrowing and lending commodities, contrary to the accepted view of dealers averse to the fluctuating value of their inventories wanting insurance against price risk.
