Dynamic Asset Allocation with Forwards and Futures

By Abraham Lioui and Patrice Poncet

Book Overview

This is an advanced text on the theory of forward and futures markets that aims at providing readers with a comprehensive knowledge of how prices are established and evolve over time, what optimal strategies one can expect from the participants, what characterizes such markets and what major theoretical and practical differences distinguish futures from forward contracts. Between a streamlined textbook and a research monograph, the book emphasizes economic meaning and financial interpretation rather than mathematical rigor.

• Format: Paperback
• Language: English
• ISBN: 1441936890
• ISBN13: 9781441936899
• Release Date: October 2010
• Publisher: Springer
• Length: 264 Pages
• Weight: 0.88 lbs.
• Dimensions: 0.6" x 6.1" x 9.2"