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dc.contributor.advisorMisund, Bård
dc.contributor.authorMikalsen, Kjartan
dc.contributor.authorGoa, Ragnhild
dc.coverage.spatialNorwaynb_NO
dc.date.accessioned2019-09-12T18:38:19Z
dc.date.available2019-09-12T18:38:19Z
dc.date.issued2019-06
dc.identifier.urihttp://hdl.handle.net/11250/2616648
dc.descriptionMaster's thesis in Business Administration.nb_NO
dc.description.abstractAtlantic salmon farming is an important industry in Norway, it is however a market dominated by a high volatility. Fish Pool was established more than ten years ago, offering futures contracts for risk management. This thesis seeks to investigate whether Fish Pool futures contracts can be viewed as a success or a failure in the terms of four groups of success factors: 1. Factors related to the underlying market 2. Factors related to the actual contracts 3. Factors related to other contracts 4. Factors related to the exchange introducing the contract and its potential users In order to examine the degree of success for the contract, the price volatility has been investigated with the GARCH procedure and the price volatility has been compared with other commodities. Further, the number of trades and the trading volume has been studied. The findings suggest that salmon farmers enjoy a high operating margin, which decrease the need for risk management tools such as futures contracts. The prices are still highly volatile, and the traded volume is relatively low. Thus, the Fish Pool futures contract cannot be viewed as a success in the present market situation.nb_NO
dc.language.isoengnb_NO
dc.publisherUniversity of Stavanger, Norwaynb_NO
dc.relation.ispartofseriesMasteroppgave/UIS-HH/2019;
dc.subjectøkonominb_NO
dc.subjectadministrasjonnb_NO
dc.subjectfish poolnb_NO
dc.subjectfuturesnb_NO
dc.subjectsalmonnb_NO
dc.subjectlaksnb_NO
dc.subjectvolatilitynb_NO
dc.subjectapplied financenb_NO
dc.subjectanvendt finansnb_NO
dc.titleFish Pool - A success or failurenb_NO
dc.typeMaster thesisnb_NO
dc.description.versionsubmittedVersionnb_NO
dc.subject.nsiVDP::Social science: 200::Economics: 210::Business: 213nb_NO


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