The Futures: The Rise of the Speculator and the Origins of the World's Biggest Markets
Language: English
Published by Basic Books, 2012
- Softcover
- Used
Seller: World of Books Inc, Montgomery, IL, U.S.A.World of Books Inc
AbeBooks seller since March 23, 2026
Condition: Used - Good
£ 6.38
Quantity: 1 available
Add to basketItem description from seller
In The Futures , Forbes magazine senior writer Emily Lambert tells the rich and dramatic history of the Chicago Mercantile Exchange and Chicago Board of Trade, the original futures market. Commodities exchanges have become some of the largest financial markets in our global economic system, yet the exchanges themselves and the speculators who run them remain largely misunderstood, as does their chief instrument: the futures contract. Lambert describes the emergence of the futures business as a kind of meeting place for gamblers and farmers that subsequently transformed into a sophisticated electronic market, one where contracts are traded at lightning-fast speeds. When Wall Street adopted the futures contract without the rules and close-knit social bonds that had made trading it in Chicago work so well, however, the effects were disastrous. But, as Lambert argues, the traditional futures market,with its written and cultural limits,can serve as a useful example of how markets ought to work, thereby becoming a tonic for our current financial ills.…
Seller Inventory # CIN0465028411G
- Title
- The Futures: The Rise of the Speculator and the Origins of the World's Biggest Markets
- Author
- Emily Lambert
- Publisher
- Basic Books
- Publication year
- 2012
- Condition
- Good
- Binding
- Paperback
- Language
- English
- ISBN 10
- 0465028411
- ISBN 13
- 9780465028412
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World of Books Inc
Montgomery, IL, U.S.A.
AbeBooks seller since March 23, 2026
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