Hedging behaviour in China's crude oil futures market

被引：0
|
作者：
Shi, Dongwei [1 ]
机构：
[1] Sichuan Univ Sci & Engn, Zigong 643000, Peoples R China
来源：
INTERNATIONAL JOURNAL OF GLOBAL ENERGY ISSUES | 2023年 / 45卷 / 02期
关键词：
China's crude oil futures market; risk premium; selective hedging; classic hedging; CONVENIENCE YIELD; DOWNSIDE RISK; ELECTRICITY;
D O I：
10.1504/IJGEI.2023.129498
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
Hedging behaviour of hedgers in China's crude oil futures market has naturally become a hot topic in academia and industry. This paper examines the behaviour of hedgers in China's crude oil futures market from the perspective of risk premium. The topic selection of this paper is helpful to reflect the real behaviour pattern of China's crude oil futures hedging, and also provides a more reasonable trading strategy for real traders and a practical basis for exchanges to regulate the market. The results facilitate reasonable trading strategies for hedgers and practical basis for the regulator in China's crude oil futures market.
引用
收藏
页码：166 / 181
页数：17
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