## Abstract This paper analyzes 31 months of data on 137 singleβstock futures (SSFs) traded on OneChicago. The results indicate that on the days they trade, SSFs contribute approximately 24% of the price discovery for underlying stocks. Information revelation in the SSFs market decreases with the r
Information theory and the stock market
β Scribed by Thomas M. Cover
- Publisher
- Elsevier Science
- Year
- 1987
- Tongue
- English
- Weight
- 69 KB
- Volume
- 13
- Category
- Article
- ISSN
- 0165-4896
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
## Abstract Stock markets are often seen as economic barometers. But until recently, the Chinese stock market hasn't reflected the growth of the Chinese economy. Why was this so? The answer lies in the peculiarities of the Chinese stock market, say the authors. And they explain what foreign investo
The book begins by addressing many of the challenges stock market investors face today and the various ways many investors use the stock market to achieve their goals. A valuable discussion of where paper assets fit (and do not fit) in the context of Rich Dad principles and its place among the
## Abstract This study examines the longβrun price relationship and the dynamic price transmission among the USA, Germany, and four major Eastern European emerging stock markets, with particular attention to the impact of the 1998 Russian financial crisis. The results show that both the longβrun pr
## Abstract This study attempts to apply the general equilibrium model of stock index futures with both stochastic market volatility and stochastic interest rates to the TAIFEX and the SGX Taiwan stock index futures data, and compares the predictive power of the cost of carry and the general equili