Trading strategy and behavior of various investor types between spot and futures market : evidence from Thailand
In rational, efficient market, returns on derivative and underlying securities should be perfectly contemporaneously correlated. Due to market imperfections, one of these two markets may reflect information faster. The thesis analyzes the lead-lag relationship between the spot market and futures mar...
| Main Author: | |
|---|---|
| Published: |
Middlesex University
2016
|
| Subjects: | |
| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.677877 |