Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5083965 | International Review of Economics & Finance | 2011 | 7 Pages |
Abstract
This study examines key factors that influence the success of exchange-traded futures contracts of Asian futures markets. The results show that successful futures contracts benefit from a large and volatile spot market. In addition, a smaller contract size has a positive effect on the futures trading volume, which in turn contributes to the success of the futures contract. For specific institutional factors, the choice of the trading platform and the relative size of exchanges are both important to the success of futures contracts.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Mao-Wei Hung, Bing-Huei Lin, Yu-Chuan Huang, Jian-Hsin Chou,