## Abstract We examine the effect of the introduction of index futures trading in the Korean markets on spot price volatility and market efficiency of the underlying KOSPI 200 stocks, relative to the carefully matched nonβKOSPI 200 stocks. Employing both an event study approach and a matchingβsampl
Role of attitudes in the decision to use futures markets: The case of the London potato futures market
β Scribed by Christine Ennew; Wyn Morgan; Tony Rayner
- Publisher
- John Wiley and Sons
- Year
- 1992
- Tongue
- English
- Weight
- 666 KB
- Volume
- 8
- Category
- Article
- ISSN
- 0742-4477
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
More specifically, futures prices may influence storage and inventory decisions and may exact an important influence on production decisions. This is their price discovery function. Futures markets are seen as an efficient collector, processor, and disseminator of information. 'The large number of
Problems associated with pricing tests of index futures include the general inability to trade the underlying index as an individual security, thin trading in the constituent stocks of the index, and the inability to adjust for all dividend payments in the underlying index. These problems are discus
erhaps no other subject area in the futures industry is as misunderstood as P the function of margins. Margins in futures markets perform different economic functions from margins in securities markets. However, people often mistakenly assume the functions are the same because the same terms are use