Policy measures such as improvement of both spot and futures market are necessary to contain the risks. Introduction. Stock index future is a financial derivative May 2015 http://www.igidr.ac.in/pdf/publication/WP-2015-10.pdf examined include index futures and spot,1 stock options and spot (Ofek et al., 2004; Cre-. Using daily data time series on future contracts of the S&P 500 index and the FTSE 100 index, as well as the price levels of the corresponding underlying cash common stock and certain exchange-traded funds and. American Depositary Receipts), as well as narrow- based security indices. Futures on other types of SGX MSCI Taiwan Index Futures traded on the Singapore Exchange (SGX) is the first contract that traded Taiwan equity derivative in the world. Since its launch in They demonstrate that after the tax reduction on the Taiwan Futures Exchange ( TAIFEX), the TAIFEX assumed a leading role over the Singapore Stock Exchange (
This study investigates the time series properties of 5-minute, intraday returns of stock index and stock index futures contracts, and finds that S&P 500 and MM index futures returns tend to lead The first stock index futures contract was traded at Kansas City Board of Trade. Currently the most popular stock index futures contract in the world is based on S&P 500 index, traded on Chicago Mercantile Exchange. During the mid eighties, financial futures became the most active derivative instruments generating volumes many times more than the A Trader’s Guide to Futures CME Group offers the widest range of tradable products available anywhere — all on a single platform: interest rates, stock indexes, currencies, agriculture, energy, metals (industrial and precious) and alternative investment products, such as weather and real estate. In
Futures and options on the Dow Jones Industrials Average (DJIA) index have been trading on the Chicago Board of Trade since 6th October, 1997. As the most
Futures and options on the Dow Jones Industrials Average (DJIA) index have been trading on the Chicago Board of Trade since 6th October, 1997. As the most 26 Jun 2017 Funds and E-mini Stock Index futures (published by John Wiley and Sons). He has also authored numerous articles in the. Equity Derivatives Abstract- This research investigates the hedging effectiveness of stock index futures markets in Malaysia and Singapore by employing various hedge ratio For both available stock index futures contracts of the Athens Derivatives. Exchange (ADEX), we employ a variety of models to derive and estimate the
Pricing Stock Index Futures Stock index futures cannot be expected to trade at a level that is precisely aligned with the spot or cash value of the associated stock index. The difference between the futures and spot values is often referred to as the basis. We generally quote a stock index futures basis as the futures price less the spot