Commodity Trading Manual

Futures and options markets have evolved to help individuals manage price risk and even, in some cases, to take advantage of it. Futures markets make it possible for those who want to manage risk to transfer that risk to those speculators willing to accept it. The Commodity Trading Manual is “a basic comprehensive introduction” to this whole industry, covering topics from “the historical development of futures to a nuts‐and‐bolts description of the day‐to‐day operations of a futures exchange”. It claims to be unique in that, unlike other books which offer in‐depth explanations of specific aspects of futures trading, this volume...