The Role Of the ICA in Meeting the Financial Crisis

摘要：

The Beginning of the Crisis For Cotton What happened in the ICE Futures market toward the end of February and the beginning of March 2008, was so unprecedented in the history of the cotton market, that it could never have been anticipated. The merchant community was hit hard by the demands of excessive margin calls implemented by the ICE exchange on March 5th. The carnage that followed that fateful clay was catastrophic, many merchants who had relied on a futures market for security as a hedging tool, found themselves no longer having the confidence, or the resources to continue doing so. The result of these events is that the cotton industry has changed for the foreseeable future and possibly forever.

作者: David Adcroft, ICA

会议类型: 国际会议

会议名称: 2009’China International cotton Conference(2009中国国际棉花会议)

会议地点: 南京

会议语种:英文

页码: 114-117

在线出版日期: 2009-06-11（万方平台首次上网日期，不代表论文的发表时间）