::About ::Governance ::Research ::Events ::News ::People ::Working Papers ::Links

 

Research

New Financial Markets and Instruments

Advances in technology, changing economic conditions, public policy pressures, and developments in financial knowledge are leading to the creation of new markets and instruments for the pricing and trading of risks, as well as new techniques for the delivery and economic and financial services. The Melbourne Centre aims to encourage academic research which has both public policy and commercial aspects and, in doing so, generate both high quality academic publications and commercial benefits. It is also an area identified by the Victorian Government as one with potential for further development in Melbourne.


Illustrative Topics

  • Risk Management
  • Design of New Markets
  • New Exchanges
  • Design and impacts of new derivatives contracts
  • Regulation of new markets
  • Innovative contractual structures (PPPs, infrastructure trusts)
  • Creation of national trading regimes
  • Infrastructure pricing regulation
  • Victoria’s opportunity to become Australia’s centre for energy trading
  • Energy settlement and clearing house activities
  • Price Determination and volatility in Energy Markets
  • Creation of single national emissions regulation and trading regimes
  • Tradeable Rights in Water, Gas, Electricity, Carbon emissions
  • ‘Real options’ analysis of mineral exploration rights
  • New markets and trading mechanisms, including electricity, carbon emission, rural water rights and land price indexes
  • Emissions derivatives trading
  • Derivatives and the hedging of risks in the mining and agricultural sectors

Projects Funded

 

Back to Research