Futures Trading Impact On Stock Market Volatility And Hedging Efficiency PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Futures Trading Impact On Stock Market Volatility And Hedging Efficiency PDF full book. Access full book title Futures Trading Impact On Stock Market Volatility And Hedging Efficiency.
Author | : Chandra Bhola |
Publisher | : Ary Publisher |
Total Pages | : 0 |
Release | : 2023-06-10 |
Genre | : |
ISBN | : 9788798623045 |
Download Futures Trading Impact on Stock Market Volatility and Hedging Efficiency Book in PDF, ePub and Kindle
This study investigates the impact of futures trading on stock market volatility and hedging efficiency, focusing on the S&P CNX Nifty index and select stocks in India. By conducting a comprehensive analysis, this research aims to examine the relationship between futures trading activity and its influence on market volatility and the effectiveness of hedging strategies. The study utilizes empirical methods to evaluate the effects of futures trading on stock market volatility. It analyzes the S&P CNX Nifty index, which represents the broader market, and specific individual stocks to understand how futures trading impacts price fluctuations and overall market stability. Furthermore, the research assesses the hedging efficiency of futures contracts as risk management tools. It examines whether investors can effectively hedge their positions and reduce portfolio risk through futures trading. By evaluating the effectiveness of hedging strategies in the context of the Indian stock market, this study provides valuable insights for market participants. Overall, this study delves into the impact of futures trading on stock market volatility and hedging efficiency in India. By examining the S&P CNX Nifty index and select stocks, it aims to shed light on the relationship between futures trading and market dynamics. The findings contribute to the understanding of risk management practices and assist investors in making informed decisions related to hedging strategies in the Indian stock market.
Author | : Chyi Lin Lee |
Publisher | : |
Total Pages | : |
Release | : 2014 |
Genre | : |
ISBN | : |
Download Futures Trading, Spot Price Volatility and Market Efficiency Book in PDF, ePub and Kindle
In 2007 futures contracts were introduced based upon the listed real estate market in Europe. Following their launch they have received increasing attention from property investors, however, few studies have considered the impact their introduction has had. This study considers two key elements. Firstly, a traditional Generalized Autoregressive Conditional Heteroskedasticity (GARCH) model, the approach of Bessembinder & Sequin (1992) and the Gray's (1996) Markov-switching-GARCH model are used to examine the impact of futures trading on the European real estate securities market. The results show that futures trading did not destabilize the underlying listed market. Importantly, the results also reveal that the introduction of a futures market has improved the speed and qualify of information flowing to the spot market. Secondly, we assess the hedging effectiveness of the contracts using two alternative strategies (naive and Ordinary Least Squares models). The empirical results also show that contracts are effective hedging instruments, leading to a reduction in risk of 64%.
Author | : Gary Robinson |
Publisher | : |
Total Pages | : 48 |
Release | : 1993 |
Genre | : Finance |
ISBN | : |
Download The Effect of Futures Trading on Cash Market Volatility Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : 738 |
Release | : 1994 |
Genre | : Commodity exchanges |
ISBN | : |
Download The Review of Futures Markets Book in PDF, ePub and Kindle
Author | : Gerard Gennotte |
Publisher | : |
Total Pages | : 46 |
Release | : 1993 |
Genre | : Margins (Futures trading) |
ISBN | : |
Download Low Margins, Derivative Securities, and Volatility Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : 744 |
Release | : 1994 |
Genre | : Commodity exchanges |
ISBN | : |
Download Review of Research in Futures Markets Book in PDF, ePub and Kindle
Consists of the proceedings of seminars on futures markets held by the Chicago Board of Trade.
Author | : Allan Hodgson |
Publisher | : |
Total Pages | : 21 |
Release | : 1989 |
Genre | : Futures |
ISBN | : 9780858348332 |
Download The Effects of Futures Trading on Stock Market Volatility Book in PDF, ePub and Kindle
Author | : Mr. Zhongxia Jin |
Publisher | : International Monetary Fund |
Total Pages | : 22 |
Release | : 2021-11-12 |
Genre | : Business & Economics |
ISBN | : 1513584847 |
Download Establishing a Foreign Exchange Futures Market in China Book in PDF, ePub and Kindle
During China’s transition toward a more flexible exchange rate, it is essential to further develop its foreign exchange (FX) derivatives markets to meet the growing hedging needs associated with greater exchange rate fluctuations. Although over-the-counter (OTC) FX derivatives markets already exist in China, it lacks a FX futures market that offers critical complementarities. With standardized products, greater transparency and centralized oversight, a FX futures market can better satisfy the hedging needs of small and medium-sized enterprises and enhance regulatory efficiency. To address concerns regarding whether FX futures market will amplify the volatility of spot exchange rates, this paper analyzes the impact of establishing FX futures markets on spot market volatility using data from major emerging market economies. The result shows that FX futures market is not empirically associated with an increase in spot market volatility; in some cases, it is even associated with a decrease in spot market volatility. This paper further suggests that for a well-functioning FX futures market to be established, it is essential for China to substitute the inefficient documentation requirement of underlying exposures with a new set of market-oriented measures for the purpose of prudent regulation.
Author | : Sanford J. Grossman |
Publisher | : |
Total Pages | : 36 |
Release | : 1987 |
Genre | : Financial futures |
ISBN | : |
Download An Analysis of the Implications for Stock and Futures Price Volatility of Program Trading and Dynamic Hedging Strategies Book in PDF, ePub and Kindle
Author | : Robert W. Kolb |
Publisher | : Prentice Hall |
Total Pages | : 680 |
Release | : 1991 |
Genre | : Business & Economics |
ISBN | : |
Download Understanding Futures Markets Book in PDF, ePub and Kindle
This comprehensive reference book surveys the broad sweep of futures markets as they exist today. It explains everything from the basic mechanisms of the markets to the factors involved in pricing futures and managing futures portfolios. Current issues in this volatile area are addressed.