scholarly journals Optimal Positioning in the Derivative Market: Review, Foundations, and Trends

2019 ◽  
Vol 12 (2-3) ◽  
pp. 254-279
Author(s):  
Paolo Guiotto ◽  
Andrea Roncoroni
Keyword(s):  
Market Review ◽  
Derivative Market

Does Commodity Derivatives Function Effectively? A lengthy Discussion

2021 ◽  
pp. 227797522098574
Author(s):  
Bhabani Sankar Rout ◽  
Nupur Moni Das ◽  
K. Chandrasekhara Rao
Keyword(s):  
Price Discovery ◽  
Spot Market ◽  
Futures Market ◽  
The Other ◽  
Volatility Spillover ◽  
Agricultural Commodities ◽  
Commodity Derivatives ◽  
Derivative Market ◽  
Negative Shock ◽  
Lengthy Discussion

The present work has been designed to intensely investigate the capability of the commodity futures market in achieving the aim of price discovery. Further, the downside of the cash and futures market and transfer of the risk to other markets has also been studied using VaR, and Bivariate EGARCH. The findings of the work point that the metal commodity derivative market helps in the efficient discovery of price in the spot market except for nickel. But, in the case of the agricultural commodities, the spot is found to be leading and thus there is no price discovery except turmeric. On the other hand, the volatility spillover is bidirectional for both agri and metal commodities except copper, where volatility spills only from futures to spot. Further, the effect of negative shock informational bias differs from commodity to commodity, irrespective of metal or agriculture.

scholarly journals Prospects for the development of the «green» bond market (Review)

2020 ◽  
pp. 102-114
Author(s):  
Svetlana Kodaneva ◽  
Keyword(s):  
Climate Change ◽  
Banking Sector ◽  
Bond Market ◽  
Paris Agreement ◽  
Financial Instruments ◽  
Market Review ◽  
Limited Government

In the context of limited government budgets and the capacity of the banking sector, there is a need for new financial instruments to attract investment for the implementation of the Paris Agreement on Climate Change. One of such instruments is «green» bonds. The review analyzes the reasons for the growth of the «green» bond market in different countries and the prospects for its development.

scholarly journals Options listing and the volatility of the underling asset: a study on the derivative market function

1996 ◽  
Vol 36 (1) ◽  
pp. 28-32
Author(s):  
Marc Chesney ◽  
William Eid Júnior
Keyword(s):  
The Us ◽  
Derivative Markets ◽  
Derivative Market

There are basic misunderstandings on derivative markets. Some professionals believe that they are a kind of casinos and have no utility for the investors. This work looks at the effects of options introduction in the Brazilian market, seeking for another benefit for this introduction: changes in the stocks risk leveI. Our results are the same found in the US and other markets: the options introduction reduces the stocks volatility. We also found that there is a slight indication that the volatility becames more stochastic with this alternative.

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