From Grain to Natural Gas: The Historical Circumstances that Led to the Need for Futures Contracts

5 Pages Posted: 21 Jun 2018

See all articles by Hilary Till

Hilary Till

Premia Research LLC; EDHEC-Risk Institute; J.P. Morgan Center for Commodities, University of Colorado Denver Business School; Global Commodities Applied Research Digest

Date Written: May 2018

Abstract

This article covers examples of successful futures contracts that responded to new large-scale commercial risks over the past 170 years. The article explains the new commercial circumstances that ushered in the intense need for hedging instruments, spanning the grain, financial, crude oil, and natural gas markets.

Keywords: Bretton Woods System, Futures Contracts, Crude Oil, Natural Gas, Hedging, Regulation

JEL Classification: G1, G18, N21, N22

Suggested Citation

Till, Hilary, From Grain to Natural Gas: The Historical Circumstances that Led to the Need for Futures Contracts (May 2018). Available at SSRN: https://ssrn.com/abstract=3192579 or http://dx.doi.org/10.2139/ssrn.3192579

Hilary Till (Contact Author)

Premia Research LLC ( email )

United States
312-583-1137 (Phone)
312-873-3914 (Fax)

HOME PAGE: http://customindices.spindices.com/custom-index-calculations/premia/all

EDHEC-Risk Institute

Nice
France

HOME PAGE: http://risk.edhec.edu/

J.P. Morgan Center for Commodities, University of Colorado Denver Business School ( email )

1475 Lawrence St.
Denver, CO 80202
United States

HOME PAGE: http://www.business.ucdenver.edu/commodities

Global Commodities Applied Research Digest ( email )

J.P. Morgan Center for Commodities
1475 Lawrence Street
Denver, CO 80202
United States

HOME PAGE: http://www.jpmcc-gcard.com/hilary-till

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