SlideShare a Scribd company logo
 
Contents ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Contents ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Introduction – History ,[object Object],[object Object],[object Object],[object Object]
Introduction – Now ,[object Object],Energy, Agricultural, Industrial metals, Precious metals NYMEX New-York Mercantile Exchange Agricultural, Biofuels, Precious metals CBOT Chicago Board Of Trade Industrial metals, Plastics LME London Metal Exchange
Contents ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Instruments – Classification ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Instruments – Core instruments ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Instruments – Futures & Forward ,[object Object],[object Object],[object Object],[object Object]
Instruments – Futures & Forward
Contents ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Market example: LME ,[object Object],[object Object],[object Object],[object Object]
Market example: LME ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Market example: LME
Contents ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Framework for trading – Players ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Framework for trading – Basics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Contents ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Modeling & pricing framework – Dynamic of prices 1/2 ,[object Object],…  implies specific properties
Modeling & pricing framework – Dynamic of prices 2/2 ,[object Object],[object Object],[object Object],[object Object],[object Object]
Modeling & pricing framework –  Volatilities
Modeling & pricing framework – Modeling  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Modeling & pricing framework – Example 1 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Modeling & pricing framework – Example 2a ,[object Object],[object Object],[object Object],[object Object]
Modeling & pricing framework – Example 2b ,[object Object],[object Object]
Modeling & pricing framework – Example 2c ,[object Object],[object Object],[object Object],[object Object]
Contents ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Conclusion ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Reference ,[object Object],[object Object],[object Object],[object Object],[object Object]

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