Book

Description

Prices of agricultural and non-agricultural commodities are faced with a radical change in the last two decades. The volume of international trade and business is increasing due to globalization and liberalization all over the world. In turn leads to fast and volatile variations in the prices of financial assets, interest rates and exchange rates, etc., in the current tentative business circumstances, the importance of risk management is more. The emergence of the derivatives market in financial engineering provides an efficient and less costly resolution to risk composed at a price.