Fundamentals of Trading Energy Futures & Options

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Fundamentals of Trading Energy Futures & Options image
ISBN-10:

0878148361

ISBN-13:

9780878148363

Edition: 2
Released: Jan 01, 2002
Publisher: PennWell Corp.
Format: Hardcover, 247 pages
Related ISBN: 9781593703264

Description:

In today’s changing political and economic environment, it is increasingly important that companies learn to properly use the various trading instruments to protect themselves against price volatility. Since the first successful energy futures contract was introduced almost a quarter century ago, trading in energy futures and options has played an important role in hedging against fluctuations in the price of petroleum products, crude oil, natural gas, propane, electricity, and most recently, coal. In this 2nd edition of their best-selling primer, authors Errera and Brown explain how exchange traded futures and options markets work, and how companies can successfully use the markets in their overall strategy to increase profitability. They cover everything from market mechanics, hedging, spread trading, and technical trading to history and growth of the markets. Also included is an extensive appendix detailing contract specifications for 13 energy futures/options contracts. BONUS: A summary of the rules of the most active energy futures and options contracts is included!

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