This paper describes the convergence of environmental and financial markets, reviews the
evolution of market–based environmental programmes as an example of the seven–stage …

B the beginning of the 1960's, futures trading had suffered its third year of declining volume
with activity dropping to 3,811,462 contracts. From 1960 to 1970, volume increased from …

… Richard Sandor powerfully reminds us that the well-being of any economy is directly related
to its ability to be innovative. Sandor, with his inventive mind, has himself helped to create …

The number and severity of natural catastrophes has increased dramatically over the last
decade. As a result, there is now a shortage of capacity in the property catastrophe insurance …

… Sandor is widely recognized as a founder of the interest rate derivatives markets now
traded … Sandor is known for founding the Chicago Board of Trade sulfur dioxide emission …

… Sandor is vice-president and chief economist of the Chicago Board of Trade and the Martin
C. Remer Visiting Distinguished Professor of Finance, Northwestern University. Howard B. …

… Richard Sandor is a true champion for the planet whose provocative thought catalyzed
the development of carbon markets across the world and has played an invaluable role in …

… World Scientific is to be commended for publishing — and environmental market pioneer
Richard Sandor and his three colleagues for writing — this masterly and path-finding overview …

Extract: This paper traces the development of the Government National Mortgage Association
(GNMA) Futures contract from first draft to final product. The evolution of the provisions of …

On 21 April 1993, on the occasion of Earth Day, the United States affirmed its commitment to
reducing emissions of greenhouse gases to their 1990 levels by the year 2000. In doing so, …