Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5089573 | Journal of Banking & Finance | 2013 | 13 Pages |
Abstract
⺠We examine the effect of position limits in futures markets. ⺠Position limits exacerbate market power and reduce efficiency. ⺠Position limits cannot restrain excessive speculation or market manipulation.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Rhys ap Gwilym, M. Shahid Ebrahim,