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Autor:
Charles T. Franckle
Publikováno v:
Journal of Finance. 35:1273-79
IN A RECENT ARTICLE appearing in this Journal, Louis Ederington [2] examines the hedging performance of the futures markets in financial securities by using a basic portfolio model that was previously applied to the analysis of commodities futures ma
Autor:
Charles T. Franckle, George M. McCabe
Publikováno v:
Financial Management. 12:21
* With the advent of the interest rate futures markets, corporations and individuals can reduce or eliminate interest rate risk. It is now possible to hedge instruments of widely differing maturity. However, standard hedging techniques do not allow h
Publikováno v:
The Financial Review. 14:39-39