Article ID Journal Published Year Pages File Type
5085094 International Review of Financial Analysis 2013 12 Pages PDF
Abstract
► We examine market efficiency between commodity futures in China and foreign markets. ► Trading returns of foreign markets influence China's overnight returns and vice-versa. ► Daytime returns of most Chinese contracts are not led by foreign daytime returns. ► The Chinese commodity futures markets are efficient and are driven by local markets.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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