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Can we evaluate the predictability of financial markets?

✍ Scribed by Nuno Crato; Esther Ruiz


Book ID
113648196
Publisher
Elsevier Science
Year
2012
Tongue
English
Weight
152 KB
Volume
28
Category
Article
ISSN
0169-2070

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## Abstract There is considerable evidence that trading volume and volatility are positively related and that exchange seat prices are largely a function of trading volume. This article examines whether changes in seat prices at the Chicago Board of Trade (where stock index and interest rate future