Underdeveloped spot markets and futures trading: The Soya Oil exchange in India

Preprint OPEN
Ramaswami, Bharat; Singh, Jatinder;
  • Subject: hedging, futures markets, spot markets, soya oil | basis, hedging, futures market, spot markets, soya oil, Marketing, G13, Q13,
    • jel: jel:Q13 | jel:G13

Abstract The limited presence of futures exchanges in developing countries where commodity markets fall short of the ideal underscore the importance of understanding the relation between spot and futures markets. The paper examines the exceptional success of the soya oi... View more
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