Possibilities for Development of Commodity Exchange in Serbia

Janković, Irena and Jeločnik, Marko and Zubović, Jovan (2018) Possibilities for Development of Commodity Exchange in Serbia. Ekonomika poljoprivrede, 65 (4). pp. 1557-1571. ISSN 0352-3462

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Abstract

The aim of the paper is the analysis of the current situation
related to the spot and non-standardised term commodity
exchange market, as well as to provide a proposal for
further improvement of commodity-trading in Serbia.
The system of commodity-exchange trading in Serbia
has not been developed and legislation has not been fully
enacted. According to the analysis of price variability on
three commodity markets it can be concluded that the
fluctuations of prices of agricultural products in the last
decade were very high, which led to market participants’
need for term commodity exchange instruments. The
paper presents suggestions for further improvement of the
spot market as well as the clearing model on the forward
market. The adoption of the Law on Commodity Exchange
and amendments to the Law on Capital Market would
improve the spot trading, trading of non-standardised and
standardised term contracts.

Item Type:	Article
Additional Information:	COBISS.ID=512552802
Uncontrolled Keywords:	commodity exchange, spot trading, forwards, futures, hedging strategies
Research Department:	Sectorial Economics
Depositing User:	Jelena Banovic
Date Deposited:	25 Jan 2019 14:16
Last Modified:	09 Jun 2020 11:45
URI:	http://35.240.28.64/id/eprint/1274
Author Links:	[error in script] No links available.

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