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Price Discovery of Stock Index Futures Between Chinese Cross-straits
| Content Provider | Semantic Scholar |
|---|---|
| Author | Duan-Mei Zheng-Ming |
| Copyright Year | 2013 |
| Abstract | This paper show that, there are bidirectional price lead relationships between Hushen 300 index futures and Hushen 300 index, while index futures lead index spots in the efficiency of information transmission. As for the Taiwan market, unidirectional price lead from index futures to index spots market is found. In the long term, futures markets play dominant role in price discovery, while Taiwan weighted stock index futures is comparatively stronger. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://download.atlantis-press.com/article/10703.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |