Xiaoying Huang received her Ph.D from Paris 1 Pantheon-Sorbonne University under the co-supervision of Steve Ohana. She currently works as a consultant in quantitative finance and focuses on the Internal Models Approach (IMA) for market risk and the Internal Model Method (IMM) for counterparty credit risk. Her research interests lie in the area of risk management in commodity markets.
Does the impact of exchange-traded funds flows on commodities prices involve stockpiling as a signature? An empirical investigation
This paper examines the relation between the flows into the three main commodity index exchange-traded funds (ETFs) and the prices, inventory and term structure of four energy and twelve US-traded agricultural contracts.