1. Commodities and Equities: A “Market of One”?Bahattin Büyükşahin Michael S. Haigh Michel A. Robe1June 9, 2008 AbstractAmidst a sharp rise in commodity investing,…

Electronic copy available at: http://ssrn.com/abstract=1435042 The Role of Speculators in the Crude Oil Futures Market Abstract:The coincident rise in crude oil prices and…

Slide 1DERIVATIVE PRICING FALL 2009 Instructor: Bahattin Buyuksahin Telephone: 202-436-0202 Email: [email protected] Office Hours: by appointment Preferred way of communication:…

Slide 1 DETERMINATION OF FORWARD AND FUTURES PRICES 9/16/2009BAHATTIN BUYUKSAHIN, CELSO BRUNETTI 1 Slide 2 CONSUMPTION VS INVESTMENT ASSETS  Investment assets are assets…

Slide 1 SWAPS Slide 2  Forward or futures contracts settle on a single date  However, many transactions occur repeatedly  If a manager seeking to reduce risk confronts…