Spot price
Podcast: Ronn on using a financial-economics approach to forecast crude oil spot prices
Professor of finance talks about using equity, index and crude oil options to forecast spot prices
Cutting edge technical: Carbon derivatives pricing
In carbon dioxide equilibrium models, permit prices are positive and bounded by the penalty level. To obtain closed-form solutions to the pricing of carbon dioxide derivatives, Daniel Bloch models the permit price as a function of a positive unbounded…
EC tightening of carbon spot market could threaten forward market
Industry experts are wary of European Commission proposals intended to bring additional safeguards to the spot market
Covering all the bases
Abstract: Many articles have discussed constructing models for either spot or forward prices. Yet none cover the whole process of constructing a joint model for both. Here, Andreas Huber and Monika Krca develop a multi-factor model that captures both the…
A joint state-space model for spot and futures power
Portfolio-wide risk management requires a model that accounts correctly for correlations between the spot asset and various futures products. Kjetil Kåresen and Egil Husby discuss a joint multi-factor model for power spot and futures prices and show how…