• Aucun résultat trouvé

Energy Finance: The Case for Derivative Markets

N/A
N/A
Protected

Academic year: 2021

Partager "Energy Finance: The Case for Derivative Markets"

Copied!
24
0
0

Texte intégral

Loading

Figure

Table 1. Energy derivatives – key dates
Table 2. Top 20 Commodity Contracts in 2006 (in millions)
Table 3. Volatility Comparison (annualized volatility, in %)
Table 4. Global Futures and Options Volume (in millions)
+3

Références

Documents relatifs

Si le diagnostic d'un kyste bronchogénique sous-cutané est envisagé en pré- opératoire, une radiographie pulmonaire peut être appropriée pour rechercher des lésions

In Table 3, we present the empirical results for the full sample, and we observe that the coefficient of commodity price volatility is statistically significant in both fixed exchange

To do that, we have measured exchange rate policies by their degree of flexibility, which in turn is proxied by currency volatility; we have assessed the

The external equilibrium is obtained thanks to econometrics estimates of structural current account balances (Lee et al. The internal equilibrium is defined as the state of

But for those who do not believe in this Nemesis theory, a procyclical evolution of the real exchange rate appears all but normal. Of course exchange rates are usually

Exchange rate Optimal monetary zone Regional production systems Industrial regions Tourist regions Financial centres Euroland.. C ORPATAU X J., C REVOI SIE

Finally, we find that when using the historical parameter values from the CKLS parameter values both numerical schemes yield bond and call option prices, which are close to each

This study examines return predictability of major foreign exchange rates by testing for martingale difference hypothesis (MDH) using daily and weekly nominal exchange rates from