DERIVATIF
Vol 13, No 1 (2019): April

PENGARUH SPOT RATES DAN FORWARD RATES TERHADAP FUTURES RATES PADA HARGA KOMODITAS OLEIN DI BBJ 2015-2017

Posma Sariguna Johnson Kennedy (Fakultas Ekonomi dan Bisnis, Universitas Kristen Indonesia, Jakarta)
Melina Geni Putri Sinaga (Fakultas Ekonomi dan Bisnis, Universitas Kristen Indonesia, Jakarta)



Article Info

Publish Date
16 Apr 2019

Abstract

The economic crisis that has happened shows that the agribusiness sector can survive, so that the development of the agribusiness sector is one of the priorities. Olein is one of the agribusiness commodities that are traded through futures contracts. The purpose of this study is to see the effect of spot and forward rates on futures rates on olein commodities on the Bursa Berjangka Jakarta (JFX) for the 2015-2017 period. The research method used is a quantitative method by testing the hypothesis whether the independent variables affect the dependent variable, that whether the prediction of futures rates can be made using the variable of the forward rates and spot rates. The method is done by observing the price data published at Bappebti and JFX. The data used are secondary data, obtained from bappebti.co.id and jfx.co.id. Testing is done after the data has passed the classical assumption test. The results of this study indicate that forward rates do not affect futures rates, while spot rates affect futures rates. Keywords: Forward Rates, Spot Rates, Future Rates, Olein Commodity, Jakarta Futures Exchange

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Journal Info

Abbrev

JM

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Derivatif includes articles on the results of research and scientific work with the scope of Economics, Management, Business, and Islamic Economic Studies. The Derivatif journal is managed by the Management Program, University Muhammadiyah of Metro, published by the Scientific Publication Unit ...