http://www.VoxEU.org Recent David Bicchetti articles on VoxEU.org en http://www.VoxEU.org/index.php?q=node/7841 David Bicchetti, Nicolas Maystre, 5 April 2012

Trade in commodity derivatives – such as oil futures – has grown tremendously over the last few decades. Some believe that the "financialisation" of commodity markets has made them more efficient. Others worry that financialisation has resulted in greater price distortions and volatility. This column presents high-frequency trading data suggesting that the sceptics may have a point.

Full Article: Are commodity derivatives good or bad? New evidence from high-frequency data]]> Thu, 05 Apr 2012 00:00:00 GMT http://www.VoxEU.org/index.php?q=node/7841