Commodity Risk Management

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A01=Geoffrey Poitras
Author_Geoffrey Poitras
Bhp Billiton
Cash Fl Ow Hedges
Category=KC
Category=KF
Commodity Price Risk
Commodity Risk Management
contract
Crop Insurance Program
derivative
Derivative Securities
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
EU
exposure quantification
financial derivatives analysis
forward
Fuel Hedging
futures
Futures Contracts
FX Rate
hedge
Hedge Accounting
Hedge Positions
Hedge Ratio
Hedge Ratio Estimation
hedging techniques
Item 1A
Jet Fuel
Jet Fuel Hedging
jet fuel price risk
Jet Fuel Prices
Minimum Variance Hedge Ratio
nancial
optimal
optimal commodity hedging strategies
Optimal Hedge Ratio
Optimal Hedging Problem
Penn West
Purchased Call Options
ratios
risk assessment models
Risk Management
rms
securities
speculative trading
Strategic Risk Management

Product details

  • ISBN 9780415879309
  • Weight: 748g
  • Dimensions: 178 x 254mm
  • Publication Date: 25 Jan 2013
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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Commodity Risk Management goes beyond just an introductory treatment of derivative securities, dealing with more advanced topics and approaching the subject matter from a unique perspective. At its core lies the concept that commodity risk management decisions require an in-depth understanding of speculative strategies, and vice versa. The book offers readers a unified treatment of important concepts and techniques that are useful in applying derivative securities in the management of risk in commodity markets. While some of these techniques are well known and fairly common, Poitras offers applications to specific situations and links to speculative trading strategies - extensions of the material that not only are hard to come by, but helpful to both the academic and the practitioner.

The book is divided into three parts. The first part deals with the general framework for commodity risk management, the second part focuses on the use of derivative security contracts in commodity risk management, and the third part deals with applications to three specific situations.

As a textbook, this book is designed to appeal to classes at a senior undergraduate/MBA/MA levelof training in Finance, financial economics, actuarial science, management science, agriculturaleconomics and accounting. There will also be interest for the book as: a monograph for research libraries, a handbook for individuals working in the commodity risk management industry, and a guidebook for those in the general public interested in topics like farm risk management or the assessment of hedging practices of publicly-traded commodity producers.

Geoffrey Poitras is a Professor of Finance at Simon Fraser University, Vancouver, Canada. In addition to working as a securities analyst with the Bank of Canada in Ottawa, where he served as Government of Canada Treasury bill and bond auction manager, Professor Poitras has authored seven books and numerous peer reviewed journal articles. His research interests focus on: applied financial econometrics; security analysis; the use of derivative securities in risk management and speculation; business ethics; and the history of financial economics.

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