Tag: Financial Economics,
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The Efficiency of the Commodity Futures Market in Thailand
Since two commodity futures markets are organized in Thailand – the Thailand Futures Exchange (TFEX) and the Agricultural Futures Exchange of Thailand (AFET), non-agricultural commodity (gold and Brent crude oil) is traded in TFEX while agricultural commodity (rubber, rice, tapioca chip) is traded in AFET. This paper not only examines non-agricultural and agricultural commodity futures …