Abstract
Swing options are the main type of volumetric contracts in commodity markets. A swing contract gives the holder the right (but not the obligation) to adjust volume of received commodity at his or her discretion.
| Original language | English (US) |
|---|---|
| Title of host publication | Encyclopedia of Quantitative Finance |
| Publisher | wiley |
| Pages | 1-6 |
| Number of pages | 6 |
| ISBN (Electronic) | 9780470061602 |
| ISBN (Print) | 9780470057568 |
| DOIs | |
| State | Published - Jan 1 2010 |
All Science Journal Classification (ASJC) codes
- General Economics, Econometrics and Finance
- General Business, Management and Accounting
Keywords
- commodity derivatives
- energy markets
- multiple-exercise contracts
- optimal stopping
- swing options