| Commodity Derivatives: Markets and Applications Contributor(s): Schofield, Neil C. (Author) |
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ISBN: 0470019107 ISBN-13: 9780470019108 Publisher: Wiley OUR PRICE: $102.00 Product Type: Hardcover - Other Formats Published: December 2007 * Not available - Not in print at this time *Annotation: In "Commodity Derivatives: Markets and Applications," Neil Schofield provides a complete and accessible reference for anyone working in, or studying commodity markets and their associated derivatives. Dealing primarily with over the counter structures, the book provides extensive coverage of both hard and soft commodities, including gold, crude oil, electricity, plastics, emissions and agriculturals. Using structures unique to the individual market, each chapter includes an explanation of the commodity and an analysis of its physical market, discussion on the typical patterns of demand and supply and the main factors that will influence the price of the commodity, and the main products. Each chapter focuses on how the products could be used along the physical supply chain and seeks to identify the main market risks and how they can be hedged. The book then brings into perspective how the structuring banks hedge their own resultant exposure and examines the attraction of OTC investment structures for the wholesale market. "Commodity Derivatives: Markets and Applications" is essential reading for those wishing to learn about the main features of the commodity markets, the mechanics of derivatives, and how they are applied. |
| Additional Information |
| BISAC Categories: - Business & Economics | Investments & Securities - Commodities - General |
| Dewey: 332.645 |
| Series: Wiley Finance |
| Physical Information: 0.99" H x 6.88" W x 9.7" (1.62 lbs) 315 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This book will provide a single point of reference for those interested in the commodity markets, both buy and sell side. The book will provide detailed coverage of a variety of commodity markets and their derivatives. The book will analyse the following markets of both soft and hard commodities: * Precious metals (e.g. gold, silver, platinum group metals) * Base metals (e.g. zinc, copper aluminium, nickel) * Oil and related products, natural gas and electricity * Emissions * Chemical (e.g. plastics) * Weather * Grains/'Softs' (e.g corn, wheat, soybeans, coffee, sugar, cocoa etc.) The emphasis of the book would focus on how the end users'problems influence the eventual derivative based solution. Each section would cover: * A description of the underlying markets in the main geographical locations * The physical supply chain and the main market participants * The key financial risks faced by those participants within the supply chain * How commodity derivatives can be applied to mitigate the risks The book will also cover typical trading strategies used by banks and hedge funds and the role of commodities within an investment portfolio. |