Fundamentals of Trading Energy Futures & Options - Hardcover

Steven Errera

Hardcover

ISBN 10: 0878147608 ISBN 13: 9780878147601

Publisher: Pennwell Corp, 1999

Synopsis

In todayÂ’s changing political and economic environment, it is increasingly important that companies learn to properly use 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 Steven Errera and Stewart L. 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 the history and growth of the markets. Also included in an extensive appendix detailing contract specifications for thirteen energy futures/options contracts.

About this title

About the Author

Steven Errera, former president of Energy Futures, Inc., is noted in his field as a lecturer and writer having contributed articles to many economic and energy-related publications. He is a former vice president of the New York Mercantile Exchange where he was responsible for writing and marketing its No. 2 Heating Oil Futures Contract.

Stewart L. Brown is a chartered financial analyst and professor of finance at Florida State University in Tallahassee. He has published numerous articles in financial and economic journals.

Edition details

• Publisher: Pennwell Corp
• Publication date: 1999
• ISBN 10: 0878147608
• ISBN 13: 9780878147601
• Binding: Hardcover
• Language: English
• Number of pages: 253