Trading in Commodity Futures Contracts on the Chicago Board of Trade
Language: English
Published by Forgotten Books, 2024
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
£ 13.90
Quantity: Over 20 available
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Print on Demand. This book delves into the fascinating world of commodity futures trading on the Chicago Board of Trade, the oldest and largest commodity exchange in the United States. By analyzing data collected from special surveys conducted in 1972, the author provides a unique snapshot of the industry at a crucial juncture in its history, just as the Commodity Exchange Act was celebrating its 50th anniversary. The book explores the intricacies of the board's membership structure, the diverse range of customers involved in futures trading, and the complex system of commission rates that govern transactions. The author skillfully dissects the interplay between different types of traders, from floor brokers and scalpers to commercial firms and wirehouses, highlighting their unique strategies and the economic forces driving their decisions. The book examines how various commission rate structures impact the profitability of different trading styles and the competitive landscape within the industry. Through meticulous analysis of trading volume, commission income, and concentration ratios, the book provides a revealing glimpse into the inner workings of this dynamic marketplace, shedding light on the factors shaping market structure and the distribution of wealth within the commodity futures industry. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…
Seller Inventory # 9780365772378_0
- Title
- Trading in Commodity Futures Contracts on the Chicago Board of Trade
- Author
- Alexander Swantz, Anita M. Schwartz
- Publisher
- Forgotten Books
- Publication year
- 2024
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 0365772372
- ISBN 13
- 9780365772378
- Seller catalogs
- Business Investment
During a 19-day survey period covering selected trading weeks in March and May 1972, commissions charged for clearing closed-out futures contracts on the Chicago Board of Trade totaled over million. These closed - out trades numbered an average of per trading day. While traders who were not members of the board accounted for only 21 percent of the trades, their trading generated about 69 percent of the commission income. The average commission paid by nonmembers was per contract, compared with per contract paid by board members.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"Synopsis" may belong to another edition of this title.
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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Forgotten Books publishes hundreds of thousands of rare and classic books.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.
The digital edition of all books may be viewed before purchase if you request a sample.
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