Does options trading lead to greater cas
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Arjun Chatrath; Sanjay Ramchander; Frank Song
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Article
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1995
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John Wiley and Sons
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English
⚖ 826 KB
There is a growing tendency for institutional investors to employ index options in their portfolios. There preferences for index options over index futures markets may he traced to the differences in the rights and obligations tied to the two securities. First, the option buyer can limit the investm