Understanding Futures Markets

Now in it's sixth edition, Robert Kolb's 'Understanding futures markets' provides the most comprehensive coverage of futures markets available. With added insight by co-author James Overdahl (Chief Economist of the Commodity Futures Trading Commission), this new edition features updated and enhanced discussions on:event markets, proposition markets, weather futures, and macro futuresglobalization of futures marketselectronic trading platforms and the rise of electronic tradingmanipulation of futures markets and methods of deterrenceThe Commodity Futures Modernization Act of 2000 and its effect on market regulationhedging in a corporate environmentuses of futures by government entitiesenergy futures productsrecent fiascos involving energy futures and related derivativessingle stock futures products and on narrow-based stock index futuresaccounting and taxation features of futures marketsClearly written and accessible, this is the authoritative text for students and practitioners alike looking for an in-depth treatment of futures markets.