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On the efficiency of the London metal exchange: Copper prices

✍ Scribed by C. Paul Hallwood

Publisher
Elsevier Science
Year
1988
Tongue
English
Weight
252 KB
Volume
14
Category
Article
ISSN
0301-4207

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## Abstract Both the Singapore Exchange (SGX) and the Taiwan Futures Exchange (TAIFEX) offer future contracts based on Taiwan's stock‐market indices. TAIFEX reduced the transaction tax from 5 basis points to 2.5 basis points on May 1, 2000. Hence, empirical tests are performed on the differences in