Famous Debacles in the Commodity Markets: Case Studies on Amaranth and MF Global
12 Pages Posted: 5 Jul 2017
Date Written: June 30, 2017
This article covers the trading blowups at the hedge fund, Amaranth, and at the Futures Commission Merchant, MF Global. Although the lessons from the Amaranth blowup can best be understood in terms of market-risk principles, the lessons from the MF Global bankruptcy are best understood in terms of due-diligence principles.
Keywords: Futures Markets, Hedge Fund, Regulatory, Bankruptcy, Liquidation, Amaranth, MF Global
JEL Classification: G1, G11, G18, G20, G33
Suggested Citation: Suggested Citation