Methods to improve future contracts in Iran's Mercantile Exchange
Past years economic changes have made producers and consumers to pay more attention to price fluctuations, and try to remove uncertainties and decrease losses caused by the risks. In other words, sellers and buyers are looking for ways to be assured about the future transaction of their product with...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
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Securities Exchange
2020-08-01
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| Series: | فصلنامه بورس اوراق بهادار |
| Subjects: | |
| Online Access: | https://journal.seo.ir/article_11183_021432b698d30e47ddaa1a1724f5f8b9.pdf |
| _version_ | 1817975891300450304 |
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| author | Masoud Talebian Saeed Ahmadi Zad |
| author_facet | Masoud Talebian Saeed Ahmadi Zad |
| author_sort | Masoud Talebian |
| collection | DOAJ |
| description | Past years economic changes have made producers and consumers to pay more attention to price fluctuations, and try to remove uncertainties and decrease losses caused by the risks. In other words, sellers and buyers are looking for ways to be assured about the future transaction of their product with a determined price, so both sides desire to avoid uncertainty. In addition to sellers and buyers, arbitragers are the other player who by getting advantage of arbitrage opportunities remove them and increase the market efficiency. Governments, also, need signals from economic actors for suitable planning for policy making and on time decision making to avoid crises and manage financial concerns. Commodity exchange provides tools for financing and risk management to market actors as well as governments by making a transparent market to easing deals and discovery of prices. Future contracts are an important financial derivative to hedge volatility risks but have not been successful after nearly a decade from their commencement, except gold coin and saffron. We study the failure reasons through questionnaires, and find out that “oppressed pricing of underlying commodity” and “investors unawareness” are the most important factors. |
| first_indexed | 2024-04-13T21:56:14Z |
| format | Article |
| id | doaj.art-38dbf295a72e44ae8ff535a909748a6e |
| institution | Directory Open Access Journal |
| issn | 2228-5431 2820-9893 |
| language | fas |
| last_indexed | 2024-04-13T21:56:14Z |
| publishDate | 2020-08-01 |
| publisher | Securities Exchange |
| record_format | Article |
| series | فصلنامه بورس اوراق بهادار |
| spelling | doaj.art-38dbf295a72e44ae8ff535a909748a6e2022-12-22T02:28:15ZfasSecurities Exchangeفصلنامه بورس اوراق بهادار2228-54312820-98932020-08-01135017119810.22034/jse.2020.11103.134411183Methods to improve future contracts in Iran's Mercantile ExchangeMasoud Talebian0Saeed Ahmadi Zad1Assistant Professor, School of Management and Economics, Sharif University of Technology, Tehran, IranPhD in Strategic Management, Faculty of Entrepreneurship, University of TehranPast years economic changes have made producers and consumers to pay more attention to price fluctuations, and try to remove uncertainties and decrease losses caused by the risks. In other words, sellers and buyers are looking for ways to be assured about the future transaction of their product with a determined price, so both sides desire to avoid uncertainty. In addition to sellers and buyers, arbitragers are the other player who by getting advantage of arbitrage opportunities remove them and increase the market efficiency. Governments, also, need signals from economic actors for suitable planning for policy making and on time decision making to avoid crises and manage financial concerns. Commodity exchange provides tools for financing and risk management to market actors as well as governments by making a transparent market to easing deals and discovery of prices. Future contracts are an important financial derivative to hedge volatility risks but have not been successful after nearly a decade from their commencement, except gold coin and saffron. We study the failure reasons through questionnaires, and find out that “oppressed pricing of underlying commodity” and “investors unawareness” are the most important factors.https://journal.seo.ir/article_11183_021432b698d30e47ddaa1a1724f5f8b9.pdfunderlying commodityproducerconsumerarbitragerfuture contracts |
| spellingShingle | Masoud Talebian Saeed Ahmadi Zad Methods to improve future contracts in Iran's Mercantile Exchange فصلنامه بورس اوراق بهادار underlying commodity producer consumer arbitrager future contracts |
| title | Methods to improve future contracts in Iran's Mercantile Exchange |
| title_full | Methods to improve future contracts in Iran's Mercantile Exchange |
| title_fullStr | Methods to improve future contracts in Iran's Mercantile Exchange |
| title_full_unstemmed | Methods to improve future contracts in Iran's Mercantile Exchange |
| title_short | Methods to improve future contracts in Iran's Mercantile Exchange |
| title_sort | methods to improve future contracts in iran s mercantile exchange |
| topic | underlying commodity producer consumer arbitrager future contracts |
| url | https://journal.seo.ir/article_11183_021432b698d30e47ddaa1a1724f5f8b9.pdf |
| work_keys_str_mv | AT masoudtalebian methodstoimprovefuturecontractsiniransmercantileexchange AT saeedahmadizad methodstoimprovefuturecontractsiniransmercantileexchange |