Did Amaranth's absolute, relative and extreme positions affect natural gas futures prices, spreads and volatilities?

Author:

Marthinsen John E,Gai Yunwei

Publisher

Springer Science and Business Media LLC

Subject

Economics and Econometrics,Finance

Reference19 articles.

1. United States Senate Permanent Subcommittee on Investigations Committee on Homeland Security and Governmental Affairs, Price manipulation in the Natural Gas Market and Appendix. (2007) Washington DC: Government Printing Office, http://hsgac.senate.gov/public/_files/REPORTExcessiveSpeculationintheNaturalGasMarket0.pdf , accessed 11 June 2009. Appendix – Price manipulation in the natural gas market, http://levin.senate.gov/newsroom/supporting/2007/PSI.Amaranthappendix.062507.pdf , accessed 11 June 2009.

2. Senate Committee on Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations Concerning (2007) ‘Excessive speculation in the natural gas market’, 9 July 2007, Homeland Security and Governmental Affairs, Permanent Subcommittee on Investigations, 25 June 2007, p. 6, http://hsgac.senate.gov/public/index.cfm?Fuseaction=Hearings.Detail&HearingID=d8a5104d-d46e-4d38-a20b-4ec5a35779a1 , accessed 12 June 2009.

3. Marthinsen, J.E. and Gai, Y. (2010) Did Amaranth Advisors LLC engage in interday price manipulation in the natural gas futures market? Journal of Derivatives and Hedge Funds 15 (4): 261–273.

4. Bessembinder, H. and Seguin, P.J. (1993) Price volatility, trading volume and market depth: Evidence from futures markets. The Journal of Financial and Quantitative Analysis 28: 21–39.

5. Wei, S. and Kim, J. (1997) The Big Players in the Foreign Exchange Market: Do They Trade on Information of Noise? Cambridge, MA: National Bureau of Economic Research. NBER Working Paper 6256.

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