This paper reviews the more recent literature addressing different facets of speculation in
commodity markets, including the role of speculators and the impact that financialization in …

The belief that excess returns can be achieved by correctly timing changes in yields and/or
yield spreads motivates active bond portfolio management strategies. Given the rich literature …

We test the prevalence, sources and effects of herding among large speculative traders in
thirty US futures markets over 2004–2009. We find significant herding levels within the large …

This study analyzes the adaptation of traders and the determinants of trader survival during
a period of changing market structures. Our unique sample of transactions level data covers …

Purpose – The purpose of this paper is to evaluate the continued adherence to “standing”
rules of thumb for the percentage of pre-retirement income which should be available to …

Purpose The purpose of this paper is to expand the domain of experiential learning by
sharing the experiences of establishing and developing student managed investment fund (SMIF) …

In recent years,‘financial herding’has become somewhat of a pejorative phrase within the
financial industry. Simply stated, agents herd when they choose to mimic the observed trading …

This article examines the personal trading strategies of member proprietary traders in the
natural gas futures options market. Trading activity is found to mirror previous findings in …

Purpose – The purpose of this paper is to provide a historical perspective and going-forward
assessment of the importance of private mortgage insurance (PMI) entities in the residential-…

One of the best-known and largest hedge fund failures was the 2006 failure of Amaranth
Advisors, LLC. The authors use detailed, trader-level data to examine the role of speculators …