This three volume work gives a guide to the subject of the futures market. Volume I entitled futures markets: institutions, volatility and speculation includes articles such as the simultaneous determination of spot and futures pricews; price variability and the maturity effect in futures markets; and the determinates of corprate hedging. Volume II on the pricing, efficiency, chaos and hedging af the futures markets, featuring an introduction by the editor contains articles on such subjects as futures trading and market information; the variation of certain speculative prices; and business cycles and the behaviour of metals prices. The last volume covers such topics as the pricing of stock index futures; arbitrage in stock index futures; and margin regulationa nd stock market volatility. They may form an essential part of the libraries of anyone interested in futures and of any micro-economist.