The significance of futures trading in minerals and oil
Identifieur interne : 001570 ( Istex/Corpus ); précédent : 001569; suivant : 001571The significance of futures trading in minerals and oil
Auteurs : Rae Weston ; Claudio SilveriiSource :
- Resources Policy [ 0301-4207 ] ; 1985.
Abstract
Futures trading has been introduced for aluminium and oil in recent years and the range of contracts available on various minerals and oil products continues to widen. Concern has been expressed by producers of a number of minerals, including nickel and platinum, that the introduction of futures trading may introduce a speculative element to price determination that will create inappropriate or excessively volatile prices. It is the purpose of this article to analyse the role of futures trading in relation to trade in underlying commodities in general and especially for trade in minerals and oil. Evidence from oil and platinum markets, in particular, is adduced and examined in the light of earlier evidence of the influence of futures trading on underlying commodities. The contribution of futures trading is examined in detail and conclusions are reached on the significance of futures trading for minerals and oil.
Url:
DOI: 10.1016/0301-4207(85)90001-7
Links to Exploration step
ISTEX:36B1915533F7B1520FD89848D92246D4955652A0Le document en format XML
<record><TEI wicri:istexFullTextTei="biblStruct"><teiHeader><fileDesc><titleStmt><title>The significance of futures trading in minerals and oil</title>
<author><name sortKey="Weston, Rae" sort="Weston, Rae" uniqKey="Weston R" first="Rae" last="Weston">Rae Weston</name>
<affiliation><mods:affiliation>Professor of Banking and Management, Massey University, New Zealand</mods:affiliation>
</affiliation>
</author>
<author><name sortKey="Silverii, Claudio" sort="Silverii, Claudio" uniqKey="Silverii C" first="Claudio" last="Silverii">Claudio Silverii</name>
<affiliation><mods:affiliation>Graduate student of the School of Economics, La Trobe University, Victoria, Australia</mods:affiliation>
</affiliation>
</author>
</titleStmt>
<publicationStmt><idno type="wicri:source">ISTEX</idno>
<idno type="RBID">ISTEX:36B1915533F7B1520FD89848D92246D4955652A0</idno>
<date when="1985" year="1985">1985</date>
<idno type="doi">10.1016/0301-4207(85)90001-7</idno>
<idno type="url">https://api.istex.fr/document/36B1915533F7B1520FD89848D92246D4955652A0/fulltext/pdf</idno>
<idno type="wicri:Area/Istex/Corpus">001570</idno>
<idno type="wicri:explorRef" wicri:stream="Istex" wicri:step="Corpus" wicri:corpus="ISTEX">001570</idno>
</publicationStmt>
<sourceDesc><biblStruct><analytic><title level="a">The significance of futures trading in minerals and oil</title>
<author><name sortKey="Weston, Rae" sort="Weston, Rae" uniqKey="Weston R" first="Rae" last="Weston">Rae Weston</name>
<affiliation><mods:affiliation>Professor of Banking and Management, Massey University, New Zealand</mods:affiliation>
</affiliation>
</author>
<author><name sortKey="Silverii, Claudio" sort="Silverii, Claudio" uniqKey="Silverii C" first="Claudio" last="Silverii">Claudio Silverii</name>
<affiliation><mods:affiliation>Graduate student of the School of Economics, La Trobe University, Victoria, Australia</mods:affiliation>
</affiliation>
</author>
</analytic>
<monogr></monogr>
<series><title level="j">Resources Policy</title>
<title level="j" type="abbrev">JRPO</title>
<idno type="ISSN">0301-4207</idno>
<imprint><publisher>ELSEVIER</publisher>
<date type="published" when="1985">1985</date>
<biblScope unit="volume">11</biblScope>
<biblScope unit="issue">2</biblScope>
<biblScope unit="page" from="74">74</biblScope>
<biblScope unit="page" to="86">86</biblScope>
</imprint>
<idno type="ISSN">0301-4207</idno>
</series>
<idno type="istex">36B1915533F7B1520FD89848D92246D4955652A0</idno>
<idno type="DOI">10.1016/0301-4207(85)90001-7</idno>
<idno type="PII">0301-4207(85)90001-7</idno>
</biblStruct>
</sourceDesc>
<seriesStmt><idno type="ISSN">0301-4207</idno>
</seriesStmt>
</fileDesc>
<profileDesc><textClass></textClass>
<langUsage><language ident="en">en</language>
</langUsage>
</profileDesc>
</teiHeader>
<front><div type="abstract" xml:lang="en">Futures trading has been introduced for aluminium and oil in recent years and the range of contracts available on various minerals and oil products continues to widen. Concern has been expressed by producers of a number of minerals, including nickel and platinum, that the introduction of futures trading may introduce a speculative element to price determination that will create inappropriate or excessively volatile prices. It is the purpose of this article to analyse the role of futures trading in relation to trade in underlying commodities in general and especially for trade in minerals and oil. Evidence from oil and platinum markets, in particular, is adduced and examined in the light of earlier evidence of the influence of futures trading on underlying commodities. The contribution of futures trading is examined in detail and conclusions are reached on the significance of futures trading for minerals and oil.</div>
</front>
</TEI>
<istex><corpusName>elsevier</corpusName>
<author><json:item><name>Rae Weston</name>
<affiliations><json:string>Professor of Banking and Management, Massey University, New Zealand</json:string>
</affiliations>
</json:item>
<json:item><name>Claudio Silverii</name>
<affiliations><json:string>Graduate student of the School of Economics, La Trobe University, Victoria, Australia</json:string>
</affiliations>
</json:item>
</author>
<subject><json:item><lang><json:string>eng</json:string>
</lang>
<value>Futures trading</value>
</json:item>
<json:item><lang><json:string>eng</json:string>
</lang>
<value>Commodities</value>
</json:item>
<json:item><lang><json:string>eng</json:string>
</lang>
<value>Oil</value>
</json:item>
</subject>
<language><json:string>eng</json:string>
</language>
<originalGenre><json:string>Full-length article</json:string>
</originalGenre>
<abstract>Futures trading has been introduced for aluminium and oil in recent years and the range of contracts available on various minerals and oil products continues to widen. Concern has been expressed by producers of a number of minerals, including nickel and platinum, that the introduction of futures trading may introduce a speculative element to price determination that will create inappropriate or excessively volatile prices. It is the purpose of this article to analyse the role of futures trading in relation to trade in underlying commodities in general and especially for trade in minerals and oil. Evidence from oil and platinum markets, in particular, is adduced and examined in the light of earlier evidence of the influence of futures trading on underlying commodities. The contribution of futures trading is examined in detail and conclusions are reached on the significance of futures trading for minerals and oil.</abstract>
<qualityIndicators><score>6.74</score>
<pdfVersion>1.2</pdfVersion>
<pdfPageSize>561 x 785 pts</pdfPageSize>
<refBibsNative>true</refBibsNative>
<keywordCount>3</keywordCount>
<abstractCharCount>925</abstractCharCount>
<pdfWordCount>5962</pdfWordCount>
<pdfCharCount>38375</pdfCharCount>
<pdfPageCount>13</pdfPageCount>
<abstractWordCount>145</abstractWordCount>
</qualityIndicators>
<title>The significance of futures trading in minerals and oil</title>
<pii><json:string>0301-4207(85)90001-7</json:string>
</pii>
<genre><json:string>research-article</json:string>
</genre>
<host><volume>11</volume>
<pii><json:string>S0301-4207(00)X0047-5</json:string>
</pii>
<pages><last>86</last>
<first>74</first>
</pages>
<issn><json:string>0301-4207</json:string>
</issn>
<issue>2</issue>
<genre><json:string>journal</json:string>
</genre>
<language><json:string>unknown</json:string>
</language>
<title>Resources Policy</title>
<publicationDate>1985</publicationDate>
</host>
<categories><wos><json:string>ENVIRONMENTAL STUDIES</json:string>
</wos>
</categories>
<publicationDate>1985</publicationDate>
<copyrightDate>1985</copyrightDate>
<doi><json:string>10.1016/0301-4207(85)90001-7</json:string>
</doi>
<id>36B1915533F7B1520FD89848D92246D4955652A0</id>
<score>0.03832698</score>
<fulltext><json:item><original>true</original>
<mimetype>application/pdf</mimetype>
<extension>pdf</extension>
<uri>https://api.istex.fr/document/36B1915533F7B1520FD89848D92246D4955652A0/fulltext/pdf</uri>
</json:item>
<json:item><original>false</original>
<mimetype>application/zip</mimetype>
<extension>zip</extension>
<uri>https://api.istex.fr/document/36B1915533F7B1520FD89848D92246D4955652A0/fulltext/zip</uri>
</json:item>
<istex:fulltextTEI uri="https://api.istex.fr/document/36B1915533F7B1520FD89848D92246D4955652A0/fulltext/tei"><teiHeader><fileDesc><titleStmt><title level="a">The significance of futures trading in minerals and oil</title>
</titleStmt>
<publicationStmt><authority>ISTEX</authority>
<publisher>ELSEVIER</publisher>
<availability><p>ELSEVIER</p>
</availability>
<date>1985</date>
</publicationStmt>
<notesStmt><note>This article was written while both were in the School of Economics, La Trobe University. An earlier version of this article was presented at the 13th Conference of Economists, Perth, Western Australia, August 1984.</note>
</notesStmt>
<sourceDesc><biblStruct type="inbook"><analytic><title level="a">The significance of futures trading in minerals and oil</title>
<author xml:id="author-1"><persName><forename type="first">Rae</forename>
<surname>Weston</surname>
</persName>
<affiliation>Professor of Banking and Management, Massey University, New Zealand</affiliation>
</author>
<author xml:id="author-2"><persName><forename type="first">Claudio</forename>
<surname>Silverii</surname>
</persName>
<affiliation>Graduate student of the School of Economics, La Trobe University, Victoria, Australia</affiliation>
</author>
</analytic>
<monogr><title level="j">Resources Policy</title>
<title level="j" type="abbrev">JRPO</title>
<idno type="pISSN">0301-4207</idno>
<idno type="PII">S0301-4207(00)X0047-5</idno>
<imprint><publisher>ELSEVIER</publisher>
<date type="published" when="1985"></date>
<biblScope unit="volume">11</biblScope>
<biblScope unit="issue">2</biblScope>
<biblScope unit="page" from="74">74</biblScope>
<biblScope unit="page" to="86">86</biblScope>
</imprint>
</monogr>
<idno type="istex">36B1915533F7B1520FD89848D92246D4955652A0</idno>
<idno type="DOI">10.1016/0301-4207(85)90001-7</idno>
<idno type="PII">0301-4207(85)90001-7</idno>
</biblStruct>
</sourceDesc>
</fileDesc>
<profileDesc><creation><date>1985</date>
</creation>
<langUsage><language ident="en">en</language>
</langUsage>
<abstract xml:lang="en"><p>Futures trading has been introduced for aluminium and oil in recent years and the range of contracts available on various minerals and oil products continues to widen. Concern has been expressed by producers of a number of minerals, including nickel and platinum, that the introduction of futures trading may introduce a speculative element to price determination that will create inappropriate or excessively volatile prices. It is the purpose of this article to analyse the role of futures trading in relation to trade in underlying commodities in general and especially for trade in minerals and oil. Evidence from oil and platinum markets, in particular, is adduced and examined in the light of earlier evidence of the influence of futures trading on underlying commodities. The contribution of futures trading is examined in detail and conclusions are reached on the significance of futures trading for minerals and oil.</p>
</abstract>
<textClass><keywords scheme="keyword"><list><head>Keywords</head>
<item><term>Futures trading</term>
</item>
<item><term>Commodities</term>
</item>
<item><term>Oil</term>
</item>
</list>
</keywords>
</textClass>
</profileDesc>
<revisionDesc><change when="1985">Published</change>
</revisionDesc>
</teiHeader>
</istex:fulltextTEI>
<json:item><original>false</original>
<mimetype>text/plain</mimetype>
<extension>txt</extension>
<uri>https://api.istex.fr/document/36B1915533F7B1520FD89848D92246D4955652A0/fulltext/txt</uri>
</json:item>
</fulltext>
<metadata><istex:metadataXml wicri:clean="Elsevier, elements deleted: tail"><istex:xmlDeclaration>version="1.0" encoding="utf-8"</istex:xmlDeclaration>
<istex:docType PUBLIC="-//ES//DTD journal article DTD version 4.5.2//EN//XML" URI="art452.dtd" name="istex:docType"></istex:docType>
<istex:document><converted-article version="4.5.2" docsubtype="fla"><item-info><jid>JRPO</jid>
<aid>85900017</aid>
<ce:pii>0301-4207(85)90001-7</ce:pii>
<ce:doi>10.1016/0301-4207(85)90001-7</ce:doi>
<ce:copyright type="unknown" year="1985"></ce:copyright>
</item-info>
<head><ce:article-footnote><ce:label>☆</ce:label>
<ce:note-para>This article was written while both were in the School of Economics, La Trobe University. An earlier version of this article was presented at the 13th Conference of Economists, Perth, Western Australia, August 1984.</ce:note-para>
</ce:article-footnote>
<ce:title>The significance of futures trading in minerals and oil</ce:title>
<ce:author-group><ce:author><ce:given-name>Rae</ce:given-name>
<ce:surname>Weston</ce:surname>
</ce:author>
<ce:affiliation><ce:textfn>Professor of Banking and Management, Massey University, New Zealand</ce:textfn>
</ce:affiliation>
</ce:author-group>
<ce:author-group><ce:author><ce:given-name>Claudio</ce:given-name>
<ce:surname>Silverii</ce:surname>
</ce:author>
<ce:affiliation><ce:textfn>Graduate student of the School of Economics, La Trobe University, Victoria, Australia</ce:textfn>
</ce:affiliation>
</ce:author-group>
<ce:abstract><ce:section-title>Abstract</ce:section-title>
<ce:abstract-sec><ce:simple-para>Futures trading has been introduced for aluminium and oil in recent years and the range of contracts available on various minerals and oil products continues to widen. Concern has been expressed by producers of a number of minerals, including nickel and platinum, that the introduction of futures trading may introduce a speculative element to price determination that will create inappropriate or excessively volatile prices. It is the purpose of this article to analyse the role of futures trading in relation to trade in underlying commodities in general and especially for trade in minerals and oil. Evidence from oil and platinum markets, in particular, is adduced and examined in the light of earlier evidence of the influence of futures trading on underlying commodities. The contribution of futures trading is examined in detail and conclusions are reached on the significance of futures trading for minerals and oil.</ce:simple-para>
</ce:abstract-sec>
</ce:abstract>
<ce:keywords><ce:section-title>Keywords</ce:section-title>
<ce:keyword><ce:text>Futures trading</ce:text>
</ce:keyword>
<ce:keyword><ce:text>Commodities</ce:text>
</ce:keyword>
<ce:keyword><ce:text>Oil</ce:text>
</ce:keyword>
</ce:keywords>
</head>
</converted-article>
</istex:document>
</istex:metadataXml>
<mods version="3.6"><titleInfo><title>The significance of futures trading in minerals and oil</title>
</titleInfo>
<titleInfo type="alternative" contentType="CDATA"><title>The significance of futures trading in minerals and oil</title>
</titleInfo>
<name type="personal"><namePart type="given">Rae</namePart>
<namePart type="family">Weston</namePart>
<affiliation>Professor of Banking and Management, Massey University, New Zealand</affiliation>
<role><roleTerm type="text">author</roleTerm>
</role>
</name>
<name type="personal"><namePart type="given">Claudio</namePart>
<namePart type="family">Silverii</namePart>
<affiliation>Graduate student of the School of Economics, La Trobe University, Victoria, Australia</affiliation>
<role><roleTerm type="text">author</roleTerm>
</role>
</name>
<typeOfResource>text</typeOfResource>
<genre type="research-article" displayLabel="Full-length article"></genre>
<originInfo><publisher>ELSEVIER</publisher>
<dateIssued encoding="w3cdtf">1985</dateIssued>
<copyrightDate encoding="w3cdtf">1985</copyrightDate>
</originInfo>
<language><languageTerm type="code" authority="iso639-2b">eng</languageTerm>
<languageTerm type="code" authority="rfc3066">en</languageTerm>
</language>
<physicalDescription><internetMediaType>text/html</internetMediaType>
</physicalDescription>
<abstract lang="en">Futures trading has been introduced for aluminium and oil in recent years and the range of contracts available on various minerals and oil products continues to widen. Concern has been expressed by producers of a number of minerals, including nickel and platinum, that the introduction of futures trading may introduce a speculative element to price determination that will create inappropriate or excessively volatile prices. It is the purpose of this article to analyse the role of futures trading in relation to trade in underlying commodities in general and especially for trade in minerals and oil. Evidence from oil and platinum markets, in particular, is adduced and examined in the light of earlier evidence of the influence of futures trading on underlying commodities. The contribution of futures trading is examined in detail and conclusions are reached on the significance of futures trading for minerals and oil.</abstract>
<note>This article was written while both were in the School of Economics, La Trobe University. An earlier version of this article was presented at the 13th Conference of Economists, Perth, Western Australia, August 1984.</note>
<subject><genre>Keywords</genre>
<topic>Futures trading</topic>
<topic>Commodities</topic>
<topic>Oil</topic>
</subject>
<relatedItem type="host"><titleInfo><title>Resources Policy</title>
</titleInfo>
<titleInfo type="abbreviated"><title>JRPO</title>
</titleInfo>
<genre type="journal">journal</genre>
<originInfo><dateIssued encoding="w3cdtf">198506</dateIssued>
</originInfo>
<identifier type="ISSN">0301-4207</identifier>
<identifier type="PII">S0301-4207(00)X0047-5</identifier>
<part><date>198506</date>
<detail type="volume"><number>11</number>
<caption>vol.</caption>
</detail>
<detail type="issue"><number>2</number>
<caption>no.</caption>
</detail>
<extent unit="issue pages"><start>74</start>
<end>156</end>
</extent>
<extent unit="pages"><start>74</start>
<end>86</end>
</extent>
</part>
</relatedItem>
<identifier type="istex">36B1915533F7B1520FD89848D92246D4955652A0</identifier>
<identifier type="DOI">10.1016/0301-4207(85)90001-7</identifier>
<identifier type="PII">0301-4207(85)90001-7</identifier>
<recordInfo><recordContentSource>ELSEVIER</recordContentSource>
</recordInfo>
</mods>
</metadata>
<serie></serie>
</istex>
</record>
Pour manipuler ce document sous Unix (Dilib)
EXPLOR_STEP=$WICRI_ROOT/Wicri/Terre/explor/CobaltMaghrebV1/Data/Istex/Corpus
HfdSelect -h $EXPLOR_STEP/biblio.hfd -nk 001570 | SxmlIndent | more
Ou
HfdSelect -h $EXPLOR_AREA/Data/Istex/Corpus/biblio.hfd -nk 001570 | SxmlIndent | more
Pour mettre un lien sur cette page dans le réseau Wicri
{{Explor lien |wiki= Wicri/Terre |area= CobaltMaghrebV1 |flux= Istex |étape= Corpus |type= RBID |clé= ISTEX:36B1915533F7B1520FD89848D92246D4955652A0 |texte= The significance of futures trading in minerals and oil }}
This area was generated with Dilib version V0.6.32. |