Routledge Futures Markets (Routledge Revivals) - Finance Book

Explore the fundamental theory and practice of global finance with Futures Markets (Routledge Revivals). Originally published in 1986, this text examines how futures markets became a major component of the world's leading financial centers. It provides a deep look into how these markets function as efficient forward pricing mechanisms, a topic that has drawn significant attention from economists studying risk, uncertainty, and information. This volume focuses on the core concerns of the late 1980s, offering a historical and academic perspective on market dynamics. Readers will find detailed discussions regarding feasibility, forward pricing, and returns. The contributors also address the technical aspects of price determination modeling within futures markets. Whether you are a student of financial history or a professional looking to understand the origins of modern market structures, this Routledge publication provides essential insights into the evolution of financial instruments and their role in global economics.