This chapter defines and explains the relationships between basis, cash and futures, and how they work in unison to provide incentives to meet the supply and demand needs of the market

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Basis, Futures, and Cash

  • Chris DeLong,
  • Andrew McKenzie,
  • Thomas Meierotto

摘要

This chapter defines and explains the relationships between basis, cash and futures, and how they work in unison to provide incentives to meet the supply and demand needs of the market