Understanding Futures Markets

• event markets, proposition markets, weather futures, and macro futures
• globalization of futures markets
• electronic trading platforms and the rise of electronic trading
• manipulation of futures markets and methods of deterrence
• The Commodity Futures Modernization Act of 2000 and its effect on market regulation
• hedging in a corporate environment
• uses of futures by government entities
• energy futures products
• recent fiascos involving energy futures and related derivatives
• single stock futures products and narrow-based stock index futures
• accounting and taxation features of futures markets.

Clearly written and accessible, this is the authoritative text for students and practitioners alike looking for an in-depth treatment of futures markets.