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Interrelationships among stock prices of Taiwan and Japan and NTD/Yen exchange rate

✍ Scribed by Hwey-Yun Yau; Chien-Chung Nieh


Book ID
113470066
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
548 KB
Volume
17
Category
Article
ISSN
1049-0078

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## Abstract This study examines the competition in price discovery among stock index, index futures, and index options in Taiwan. The price‐discovery ability of the Taiwan Top 50 Tracker Fund, an exchange‐traded fund based on the Taiwan 50 index is examined. The authors find that, after the minimum