Commodity markets

Ects : 3

Enseignant responsable :

  • YVES SIMON
  • SYLVAIN BERTHELET

Volume horaire : 24

Description du contenu de l'enseignement :

Raison d'être of commodity futures markets : three different approaches.

Relationships with cash commodity markets and other asset classes.

Examples, hedging and trading strategies.

Pré-requis recommandés :

Economics basics.

Coefficient : 1

Compétence à acquérir :

Market mechanisms, instruments (futures and options) and the basis (difference between the cash price and the future price).

Mode de contrôle des connaissances :

Written exam following the lecture.