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Commodities and Commodity Derivatives: Modelling and Pricing for Agriculturals, Metals and Energy

Amazon.com Price:  $94.11 (as of 08/05/2019 17:24 PST- Details)

Description

The previous couple of years have been a watershed for the commodities, cash and derivatives industry. New regulations and products have led to an explosion within the commodities markets, creating a new asset for investors that comes with hedge funds in addition to University endowments, and has resulted in a spectacular growth in spot and derivative trading.

This book covers hard and soft commodities (energy, agriculture and metals) and analyses:

  • Economic and geopolitical issues in commodities markets
  • Commodity price and volume risk
  • Stochastic modelling of commodity spot prices and forward curves
  • Real options valuation and hedging of physical assets within the energy industry

It is required reading for energy companies and utilities practitioners, commodity cash and derivatives traders in investment banks, the Agrifood business, Commodity Trading Advisors (CTAs) and Hedge Funds.

In Commodities and Commodity Derivatives, Hélyette Geman shows her powerful command of the topic by combining a rigorous development of its mathematical modelling with a compact institutional presentation of the arcane characteristics of commodities that makes the complex analysis of commodities derivative securities accessible to both the instructional and practitioner who wants a deep foundation and a breadth of different market applications. It’s destined to be a “will have to have” at the subject.”
—Robert Merton, Professor, Harvard Business School

“A marvelously comprehensive book of interest to academics and practitioners alike, by one of the crucial world’s foremost experts within the field.”
—Oldrich Vasicek, founder, KMV

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