The oil market is arguably the most influential commodity market in the world, in that it has an effect on all economic variables in one way or another. Due to oil’s central role in the world economy, it is of the utmost importance that all parts of society strive to increase the understanding of how the market works. This study has analysed the efficiency of the oil market in the period 1986 to 2008, with the efficient market hypothesis as the theoretical framework. Data on the prices of spot and futures contracts on crude and heating oil has been collected from the New York Mercantile Exchange, and tested for cointegration, with the underlying assumption being that cointegration is a sign of weak form efficiency. The results implies that the spot and futures prices have not been cointegrated during the studied period, and thus we conclude that the oil market has not behaved in accordance with the weak form of the efficient market hypothesis.

Thesis (MBusiness-Research)--University of South Australia, 2003.

No description available.

Thesis (M.B.A.)--University of North Carolina Wilmington, 2009. / Title from PDF title page (February 23, 2010) Includes bibliographical references (p. 61-66)

Thesis (M.B.A.)--University of Hong Kong, 1998. / Includes bibliographical references.

台灣期貨市場收盤價的操縱現象並不明顯，推論可能的理由為收盤時採用不連續的搓合機制，使有意操縱收盤價的交易者的操縱意願降低。報酬與操縱呈現負相關，可能的原因為操縱者在不同市場間進行操縱，即使在某一市場虧損，仍能在另一市場獲得更多的報酬。激發操縱交易行為的因子最顯著的解釋變數為交易者的平均累積部位成本，而非收盤價的變動。 / This paper uncovers the trade-based manipulative trading in TAIFEX with the detailed trade-level data. The manipulation of closing prices is rather unremarkable. The call auction may be the reason. Revenue and manipulation have a negative remarkable relation. One of the reasons could be that a manipulator trades between different markets at the same time. He can ear more return in one market to cover the loss in another market. The other possible reason is that the informed trader wants to mislead other traders. This paper finds out that the most explainable motivation of manipulation is the cost of the held position. The outcome supports the negative relation between revenue and manipulation.

No description available.

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Thesis (Ph. D.)--Northeastern University, 2009. / Title from title page (viewed June 22, 2009). Graduate School of Arts and Sciences, Dept. of Chemistry and Chemical Biology. Includes bibliographical references (p. 199-204)

Thesis (Ph. D.)--University of Missouri-Columbia, 1999. / Typescript. Vita. Includes bibliographical references (leaves 142-145). Also available on the Internet.