β Scribed by John H. Herbert
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
The author wishes to thank Robert I. Webb (the editor) and an anonymous referee for very helpful comments, as well as Charles Bartlett from SIFMA for providing part of the data. Financial support from Citi Foundation is gratefully acknowledged.
A major issue in recent years is the role that large, managed futures funds and pools play in futures markets. Many market participants argue that managed futures trading increases price volatility due to the size of managed futures trading and reliance on positive feedback trading systems. The purp
A on cash markets, in particular the effect on the volatility of prices in the underlying markets. Numerous empirical analyses of this issue have been published, first for agricultural futures and more recently involving financial futures. While these studies are quite diverse in terms of their defi