MARGIN REQUIREMENTS AND THE BEHAVIOR OF SILVER FUTURES PRICES
โ Scribed by Christopher K. Ma; G. Wenchi Kao; C.J. Frohlich
- Book ID
- 111105538
- Publisher
- John Wiley and Sons
- Year
- 1993
- Tongue
- English
- Weight
- 910 KB
- Volume
- 20
- Category
- Article
- ISSN
- 0306-686X
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
This article investigates the impact of margin requirements on the trading activity and volatility in futures markets. We extend Hartzmark's (1986) model for futures demand to allow for the costs imposed by margins to change across the maturity of the contract. The model is tested employing data fro
This article reexamines the evidence on the relationship between stock market margin buying and volatility, and discusses the implications for the regulation of futures markets margin requirements. Post-war data provide no evidence of a link between the initial margin requirements set by the Federal