Analytic and Conceptual Study on the Role Played by the Brokers in Hedging the Risks Using Gold Futures
Dr. J. Gajendra Naidu
MBA, M.COM.,LL.M.,MHRM., Ph.D Faculty of Commerce & Business Administration Gaborone University College Gaborone: Botswana
Ms. Karishma Gajendra
ACCA, CIPFA Chartered Certified Accountant Gaborone, Botswana
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The objective of a commodity broker is that he will provide not only information about prices and deals, but snippets of gossip about who is doing what and why. Traders are always focused on supply and demand aspects of physical commodities in which they trade and as well as the larger macro-economic picture, so it is important to assess what other competitors, are doing in the market. Some brokers not only provide a lot of value-added service in providing not just price information but offering lots of ideas on the economic backdrop, current and future price trends, etc. To understand their role in hedging the gold futures, whether they influence in investing in gold futures. To know likert scale questionnaire prepared, collected data analyzed by factor analysis using SPSS software. Interestingly factors observed about commodity brokers.
Keywords: Commodity Broker; Gold futures; Trading Account; Floor Broker
References
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