A Concise Guide to the Futures Market (Second Edition)

Author: Li Guohua
Publisher:
Publish Date: 2005-01-01
Features: This book consists of thirteen chapters, which can be divided into two parts. From Chapter 6 to Chapter 13, a total of seven chapters, constitute the main part. They form a complete system, presenting the structure, application, and principles of the futures market in a comprehensive, systematic, yet clear and concise manner. The second part consists of Chapters 7 to 12, a total of six chapters. Two chapters introduce the main traditional commodity futures contracts, while three chapters separately introduce the three major types of financial futures—interest rate futures, stock price index futures, and foreign exchange futures. Chapter 12 introduces weather futures, which only emerged in 1997. The content of this book fully adopts the latest international and domestic data, and the methodology widely employs simple and clear mathematical models. The second edition of this book has revised and updated the omissions, inaccuracies, and errors of the previous version, adding knowledge about the new futures contracts listed in China in 2004—cotton, fuel oil, and corn. This book can serve as a textbook for graduate students, MBA candidates, and senior undergraduate students in finance, trade, and economic management at universities; it can also be used as a training manual for professionals in the futures industry.