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American Philosopher. B. 1917 in Massachusetts. Ph.D. in Classical Philosophy from Harvard granted in 1949. Currently teaches at University of Californi. ....
The electronic spot market has introduced technological innovations to agricultural commodity market trading through the electronic National Agriculture Market. To assess the role of the electronic spot market in price discovery, this paper explores the price efficiency test between select commodities’ spot and futures markets. While we find that the spot plays an instrumental ....