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Nevertheless, the futures market's trading volume is rather thin in comparison to other commodity futures markets, leaving its hedging efficiency subject to question. In this study, we examine the efficiency and unbiasedness of Atlantic salmon futures prices, both in the long-run and short-run.
- Bendik P. Andersen, Petter E. de Lange
- 2021
Open interest and position limits at Fish Pool. On Dec 31 st 2023 the Open interest in salmon futures listed at Fish Pool was 27 578 tons held by end-users. Please note that this Open Interest differs from the Open Interest found on the Nasdaq clearing Website as the Clearinghouse open interest. Nasdaq Clearing nets positions done by Financial ...
Salmon futures trading data are automatically transferred to Nasdaq for clearing. Clearing and settlement. ... Contact Us. Commodities Sales +47 67 52 80 32. salescommodities@nasdaq.com ->
This study examines the Fish Pool salmon futures contract with respect to how well the market performs in terms of the futures price being an unbiased estimator of the spot price and whether the market provide a price discovery function. Using data for 2006-2014 and with futures prices with maturities up to 6 months we find that spot and lagged
May 1, 2021 · Abstract. In this study, we examine the efficiency and unbiasedness of Atlantic salmon futures prices. Market participants use the Fish Pool futures market to hedge the increasingly volatile ...
Mar 1, 2024 · In this paper, we examine whether Fish Pool salmon futures contracts can be used as a risk management tool for producers and buyers of wild salmon, by investigating whether wild salmon prices can be cross-hedged against Fish Pool salmon futures contracts. Cross-hedging is a tool that can be used to reduce price risk when a direct hedge does not ...
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Oct 19, 2018 · Forward/futures trading or derivative trading at large is a novelty to the seafood industry. Futures trading was introduced to shrimp and salmon. A number of studies have pointed to the deficiency of shrimp futures contracts traded in the Minneapolis Grain Exchange (MGE) as an effective price discovery and hedging tool (Martínez-Garmendia and ...