Description - Managing Commodity Risk by John J. Stephens
Most businesses are in some way subject to commodity risk, whether in the form of raw materials used in the business, materials sold or commodities used in the running of the business. This book explains in clear terms how every financial and business manager can manage such risk by the use of commodity futures. "Managing Commodity Risk" provides information not on how to speculate, but simply on how to find a suitable medium for managing and minimising risk within their own industry by the purchase of futures and options in commodities that are essential to their own business. It includes international case studies drawn from the author's own experience and should be accessible to financially literate managers with no prior experience of the markets.
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(251mm x 180mm x 18mm)
John Wiley & Sons Inc
Publisher: John Wiley & Sons Inc
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Book Reviews - Managing Commodity Risk by John J. Stephens
Author Biography - John J. Stephens
JOHN J STEPHENS has considerable practical experience of commodities trading and runs a training company specialising in the futures and futures options markets. For 10 years he was CEO of a management consultancy firm with many large international clients, whilst from 1992 onwards he worked in the financial services sector for first SANLAM and later ABSA Bank, specialising in market and financial product development. He is also an advocate of the Supreme Court of South Africa.