This article applies the dynamic conditional correlation model of Engle with error correction
terms in order to investigate the optimal hedge ratios of British and Japanese currency …

This paper takes a new empirical look at the long-standing question of the effect of
exchange rate volatility on international trade flows by studying the case of Taiwan's exports …

Written by leading market risk academic, Professor Carol Alexander, Pricing, Hedging and
Trading Financial Instruments forms part three of the Market Risk Analysis four volume set …

The Nordic Power Exchange (Nord Pool), the first multinational exchange for electricity
trading, has existed since January 1996. Spot and futures contracts are traded on this …

Abstract We use the All Ordinaries Index and the corresponding Share Price Index futures
contract written against the All Ordinaries Index to estimate optimal hedge ratios, adopting …

Tanker shipping is the primary means for the transportation of petroleum and petroleum
products around the world and thus plays a crucial role in the energy supply chain …

This paper examines hedging in Greek stock index futures market. The focus is on various
techniques to estimate constant or time-varying hedge ratios. For both available stock index …

The paper is an attempt to assess the Indian agricultural commodity futures market in terms
of price discovery, hedging efficiency, and volatility. Cointegration test, Granger causality …

We examine the risk and return linkages across US commercial banks, securities firms, and
life insurance companies during the 1991–2001 period. After controlling for changes in the …

This paper evaluates the effectiveness of cross-commodity hedging between China's base
metal spot and futures markets, using daily data of metal spot and futures prices in the …