Forwards and Futures Markets - History, Development, and Applications - Lecture 21

This lecture examines the historical development and financial uses of forward and futures markets. It covers currency and interest-rate contracts, financial futures, wheat pricing and storage, backwardation, and spot premiums.

Syllabus

- Chapter 1. Introduction: Thoughts on Guest Speakers
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- Chapter 2. From Osaka's Rice Warehouses: The Development of the Forward and Futures Market
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- Chapter 3. Forward Contracts for Currency Exchange and Interest Rates
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- Chapter 4. The Completely Financial Futures Market
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- Chapter 5. A Case Study of Futures: The Price of Wheat and the Question of Storage
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- Chapter 6. Backwardation and Spot Premiums
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