This study examines the relation between stock market volatility and the demand for hedging in S&P 500 stock index futures contracts. Open interest is used as a proxy for hedging demand. The analysis employs unique data that identify separately the open interest of large hedgers, large speculators,
โฆ LIBER โฆ
Marking-to-market and the demand for interest rate futures contracts
โ Scribed by Lioui, Abraham
- Publisher
- John Wiley and Sons
- Year
- 1997
- Tongue
- English
- Weight
- 196 KB
- Volume
- 17
- Category
- Article
- ISSN
- 0270-7314
No coin nor oath required. For personal study only.
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