## Abstract This study examines the profitability of local traders on floor‐traded futures markets. Using unique data from the period of floor trading on the Sydney Futures Exchange, local income is decomposed into liquidity and position‐taking profit components. Locals on the trading floor are fou
✦ LIBER ✦
Local trader profitability in futures markets: Liquidity and position taking profits
✍ Scribed by Frino, Alex (author);Jarnecic, Elvis (author);Feletto, Roger (author)
- Publisher
- John Wiley and Sons
- Year
- 2010
- Tongue
- English
- Weight
- 143 KB
- Volume
- 30
- Category
- Article
- ISSN
- 0270-7314
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L livestock and meat production, processing, and merchandising. There has been controversy, however, regarding the usefulness of the live cattle futures market for producers. Questions have arisen about the impact of futures markets on cash market price behavior, the accuracy of the futures market a