Financial Derivatives and Hedging in Energy Markets

A special issue of Risks (ISSN 2227-9091).

Deadline for manuscript submissions: 1 January 2025 | Viewed by 87

Special Issue Editors

E-Mail Website
Guest Editor
Department of Economics, Management and Business Law, University of Bari, 70121 Bari, Italy
Interests: stochastic models; asset pricing; arbitrage strategies; dynamic models; commodity finance and markets; interest rate and credit risk modelling.

E-Mail Website
Guest Editor
Department of Economics and Finance, University of Bari, 70121 Bari, Italy
Interests: stochastic processes; stochastic models for interest rates; Skew-Geometric Brownian motions and applications in finance; forecasting: interest rates forecasting; natural catastrophes (NatCat) forecasting; option pricing in incomplete markets; generalized Trotter-Kato formulas for option pricing problems in incomplete markets; option pricing under changes of numeraire; Expected transaction costs; and generalized Barone-Adesi Whaley formula for turbolent markets

Special Issue Information

Dear Colleagues,

The liberalization of energy markets has given rise to new patterns of financial product prices and the need for models that could accurately describe price dynamics as they grew exponentially to improve decision-making for all the agents involved in energy issues.

Energy derivatives play an important role in the modern financial system and are widely used for speculation, industrial production planning, and risk hedging. In the global energy markets, energy derivatives enable participants to manage the risk associated with volatile prices, speculate on future price movements, and achieve investment diversification. Definitively, they encourage better price discovery and risk transfer.

Therefore, mathematical and statistical tools are important for estimating, implementing and calibrating quantitative models, pricing and trading energy-linked products, and managing basic and complex portfolio risks.

Topics for consideration in this Special Issue include, among others, the following:

  • The pricing of energy derivatives;
  • Hedging with futures, options, and swaps;
  • Portfolio risk management;
  • Modeling dynamic hedge ratios;
  • Mathematical finance;
  • Advanced hedging measures;
  • Risk-neutral valuation;
  • The arbitrage theory;
  • Derivative trading.

Dr. Viviana Fanelli
Dr. Michele Bufalo
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Risks is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.


  • energy derivatives
  • pricing
  • risk management
  • hedging

Published Papers

This special issue is now open for submission.
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