This work surveys the broad sweep of futures markets as they exist in the United States. This revised and updated edition covers each new development in a manner accessible to a wide range of readers. The mathematical demands placed on the reader are modest, yet sufficient mathematical detail is included to ensure a thorough treatment of pricing principles. Realizing that not every reader will be interested in every aspect of the futures markets, the chapters are organized to facilitate access to specific futures markets. Each chapter in the text contains end-of-chapter questions and problems that help students focus on key concepts. Available for adopters of the fourth edition is a futures data diskette, with settlement prices on a wide variety of futures contracts and an instructor's manual containing answers to end-of-chapter questions and problems.

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Book by Kolb Robert W

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