Trading behavior and return performance of hedgers and speculators : hard commodity (1992-2003).

• Main Authors: Lee, Yen Lee., Ng, Eric Hoe Lam., Tan, Yi Ling.
• Other Authors: Kang, Joseph Choong Seok
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Futures
• Online Access: http://hdl.handle.net/10356/9348
• Institution: Nanyang Technological University

This paper examines the trading behavior and return performance of hedgers and speculators in nine hard-commodity futures markets for each of 45 spot-month quarters from 1992 to 2003.