Futures trading

Teachers in charge

It is not performed in the academic year 2023./2024.

Study

Textile Science and Technology - postgraduate

Course summary

30

ECTS

4

Knowledge verification

writing exam, oral exam, Seminar

Precondition for testing

Making a seminar work

Lecture type

lectures, seminars

Exercise type

seminars

Subject content

Idea and history of futures trading. Stock exchange division and organizaiton. Characteristics of trading commodities at stock exchanges and auctions. Commodities quality - categorization, quality classes, commodities identification, symbols. Leading world stock exchanges. World stock exchanges and commodities relevant to the textile and clothing industry. Specificities of textile, clothing and leather trading. Role of the standardizaiton of futures trading. Margin system. Characteristics of futures contracts. Futures prices. Trading strategies at commodities exchanges. Hedging as a protection instrument against commercial risks in the textile and clothing industry. Fundamental analysis of futures prices. Factors of supply and demand in the textile and clothing industry. Technical analysis of futures prices with special reference to the commodities determining the prices of the textile and clothing industry. The largest world futures markets and trading specificities.

Aim of course

Fundamentals and knowledge necessary to know futures trading, stock exchanges and commodities relevant for the textile and clothing industry. Introducing to the fundamentals of futures contracts and trading strategies. Overview of world futures markets and specificities of trading with reference to the commodities determining the prices in the textile and clothing industry.

Literature necessary for course

A.S. Zahra: Strategy in a Changing Environment, TR WIN, 1996. T. Lazibat: Poznavanje robe i upravljanje kvalitetom, Sinergija-nakladništvo d.o.o., Zagreb, 2005. T. Lazibat, M. Kolaković: Međunarodno poslovanje u uvjetima globalizacije, Sinergija-nakladništvo d.o.o., Zagreb, 2004. D. Rogale, D. Ujević, S. Firšt-Rogale, M. Hrastinski: Tehnologija proizvodnje odjeće sa studijem rada, Univerzitetski udžbenik, 2004.