## Abstract We examine the effect of the introduction of index futures trading in the Korean markets on spot price volatility and market efficiency of the underlying KOSPI 200 stocks, relative to the carefully matched nonβKOSPI 200 stocks. Employing both an event study approach and a matchingβsampl
Futures trading, spot market volatility, and market efficiency: The case of the Korean index futures markets
β Scribed by Bae, Sung C. (author);Kwon, Taek Ho (author);Park, Jong Won (author)
- Publisher
- John Wiley and Sons
- Year
- 2004
- Tongue
- English
- Weight
- 182 KB
- Volume
- 24
- Category
- Article
- ISSN
- 0270-7314
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