Thank you for considering Review of Futures Markets as an outlet for your scholarly writing. The journal welcomes futures, options, and derivatives research. The information below provides guidelines for submitting a manuscript to RFM. If you have questions about the submission process, contact the RFM office at rfm@kent.edu or 330-672-2432.
Statements of Journal Policy
Manuscripts submitted to Review of Futures Markets must be the original work of the author and cannot have been published elsewhere. Manuscripts that are submitted to RFM must not be submitted elsewhere for review simultaneously. Once submitted to RFM, the manuscript should remain until the initial review process has been completed.
The journal strives to have manuscripts reviewed in a timely manner. Papers are anonymously peer-reviewed.
Submission Requirements
Send two electronic copies of the manuscript via e-mail attachment, one as a PDF file and one as a Microsoft Word document (or in Scientific Word), to rfm@kent.edu.
Send the title page as a separate document: The title page should provide the names of all the authors, their university or industry affiliation, mailing address, telephone number, and e-mail address. The JEL classification codes and a running head should also be provided on the title page.
There is no submission fee.
Style Guidelines
Papers submitted to Review of Futures Markets should adhere to the following guidelines:
- Margins should be 1½ inches at top and bottom, and 1 inch for right and left margins.
- The entire text and reference list should be double-spaced. Refrain from complex formatting; the Publisher will style your manuscript according to the journal's design specifications. Please do not deliver files that contain hidden text: For example, do not use your word processor's automated features to create footnotes or reference lists. Footnotes should be placed on a separate page at the end of the manuscript.
- Papers should use a standard typeface, such as Times New Roman or Arial in 10-, 11- or 12-point type, able to be printed on one side only of 8½ by 11-inch white paper. Margins should be 1½ inches at top and bottom, and 1 inch for right and left margins. The entire text and reference list should be double-spaced.
- File names. Submit the text and tables of each manuscript as a single file. Name each file with your last name (up to eight letters). Text files should be given the three-letter extension that identifies the file format. Macintosh users should maintain the MS-DOS "eight dot three" file-naming convention.
- Use standard indentations for paragraphs.
- A cover letter (or a note in the e-mail) included with the manuscript should provide the name, mailing address, phone number, and e-mail address of the corresponding author. (The receipt of the manuscript at the RFM office will be acknowledged by e-mail.)
- Although there is no prescribed page number limit for submissions, manuscripts should be succinctly written.
- A manuscript should begin with a short abstract (a single paragraph of about 100-150 words).
Headings
Headings should be short but informative, helping to guide the reader through the paper.
The introductory section should have no heading or number.
Review of Futures Markets uses three levels of headings:
Heading Level 1: I. POTENTIAL EFFECTS ON SUBSEQUENT PERFORMANCE
(boldface, all upper case letters).
Heading Level 2: A. Improved Managerial Incentives (boldface, first letter only of all important words capitalized).
Heading Level 3: 1. Timing of Incentives (italics, first letter only of all important words capitalized).
Format of References
All citations listed in the text must be included in the reference list, and all references must be cited in the text. Cite only the most relevant works.
SAMPLE REFERENCE LIST
Bardham, I., Bergier, A., Derman, E., Dosemblet, C., Kani, I., and Karasinski, P., 1993, Valuing Convertible Bonds as Derivatives. Goldman Sachs Quantitative Strategies Research Notes. (Research note) Bakshi, G., Cao, C., and Chen, Z., 1997, Empirical Performance of Alternative Option Pricing Models. Journal of Finance, 52, 203-249. (Journal article) Daigler, R. T. and Copper, M., 1998a, A Futures Duration-convexity Hedging Method. Financial Review, 33 (Nov.), 61-80. (See below: same publication date for multiple listings of one author.)
Daigler, R. T. and Copper, M., 1998b, Simultaneously Hedging Bond Duration and Convexity. Derivatives Quarterly, 5 (Fall), 50-58. (See above: same publication date for multiple listings of one author.)
Eraker, B., 2000, Do Stock Prices and Volatility Jump? Reconciling Evidence from Spot and Option Prices. Working paper, Graduate School of Business, University of Chicago. (Working paper) Maddala, G. S., 1983, Limited Dependent and Qualitative Variables in Econometrics (Cambridge University Press, Cambridge, UK). (Book) Martens, M. and Zein, J., 2004, Predicting Financial Volatility: High-frequency Time-series Forecasts vis-à-vis Implied Volatility. The Journal of Futures Markets 24, 1005-1028.
Papers should use the following format for citations in the text:
Defour and Engel (2000) show (OR have shown (OR showed)* that . . Haushalter (2000) has documented (OR documents)* that . . .
Eraker (2000) has recently developed . . .
Because hedging . . . (e.g., Stulz 1996)
. . . from the trading system (Fung and Draper 2002)
. . . that developed in Fung and Draper (2002).
. . . as shown in Framstad, Okensdal, and Sulem (2001).
Franstad et al. (2001) NOTE: This format is used after three authors listed previously in text.
(see, e.g., Derman and Kani 1994; Rubenstein 1985, 1994)
(Heynen and Kat 1994; Heynen, Kemna, and Vortst 1994)
*Note: The literature review section may use present or past tense.
Footnotes/Endnotes
Footnotes should be brief and used sparingly.
Equations
Use Microsoft Equation Editor or Math Type for equations that are offset from text. For symbols that are placed in line with text, use the keyboard to type the symbol. (Avoid using Equation Editor or Math Type to insert equation boxes for single symbols.)
Graphics (tables, figures, illustrations)
Submit as separate files from text files. Placement of the graphic elements in the text document should be indicated: for example, "Place Table 1 here."
Authors should note that the size of a graphic - whether it is a table, figure, or illustration - is limited by the size of the journal, which is 7 by 10 inches, with an actual available space on the page of 5 by 8 inches. A table or graph can be landscaped (set sideways on the page), but a graphic can be reduced only so far before it becomes difficult to read.
Formatting and resolution: All illustration files should be in TIFF or EPS (with preview) formats. Do not submit native application formats. Journal quality reproduction requires grey scale and color files at resolutions yielding approximately 300 ppi. Bitmapped line art should be submitted at resolutions yielding 600-1200 ppi. These resolutions refer to the output size of the file; if you anticipate that your images will be enlarged or reduced, resolutions should be adjusted accordingly.
All graphics must be provided in black and white.

