Proceedings of the 15th International Conference on Manufacturing Systems – ICMaS

Published by Editura Academiei Române, ISSN 1842-3183

Volume No. 1,  2006

"Politehnica" University of Bucharest, Machine and Manufacturing Systems Department

Bucharest, Romania, 26 – 27 October, 2006

Abstract: In t his paper is briefly discussed a classical approaches for testing the market efficiency and define a new test allowing to observe possible changes in efficiency. It were reviewed the main concepts of the dominant academic theory concerning the behavior of future markets, the efficient market hypothesis. This rich conceptual base for finding the best marketing strategies to be able to profit from futures and options trading, and what strategies should be profitable.

Drd. eng. Marius Tudor MUNTEANU, General Manager, S.C.

Mecanica Ceahlău S.A., Piatra Neamţ.

Prof. dr. eng. Constantin DOGARIU, "Politehnica" University

of Bucharest, MSP Department.