Search Results - person:"Lee, Woo-Baik"

거래승수 인상이 KOSPI 200 옵션시장의 가격발견기능에 미치는 효과 (Increase of Option Multiplier and Price Discovery in KOSPI 200 Spot and Option Markets)

Lee, Woo-Baik - 2019

Korean Abstract: 본 연구는 KOSPI200 옵션의 거래승수 인상이 옵션시장의 가격발견기능에 미치는 영향을 분석한다. 풋-콜 패리티로부터 도출된 KOSPI200 내재지수와 현물지수로 구성된 벡터오차수정모형을 이용한 주요 분석결과는...

Persistent link: https://www.econbiz.de/10012901374

개별종목의 매매거래 중단제도의 효과 분석 : 한국거래소 단기과열완화장치의 사례 (A Study on the Effect of Individual Trading Halts: Case of ‘The Measures to Ease Temporary Overheat’ in KRX)...

Lee, Woo-Baik - 2019

Korean Abstract: 본 연구는 한국거래소가 2012년 11월부터 도입한 ‘단기과열완화장치' 사례를 표본으로 개별종목의 매매거래중단 제도의 실효성을 검증한다. 주요 실증결과는 다음과 같다: 첫째, 완화장치의 발동이 예고된 종목...

Persistent link: https://www.econbiz.de/10012901397

Programs trades and trade regulation: An evidence of the Korean securities market

Eom, Cheoljun; Jordan, Steven J.; Lee, Woo‐Baik; … - In: Journal of Futures Markets 40 (2019) 1, pp. 44-66

Persistent link: https://www.econbiz.de/10012082230

Scalpel or Hatchet? Program Trade Regulation

Lee, Woo-Baik - 2014

This study addresses the effectiveness of program trade regulation by conducting an analysis of program trading restrictions during large market moves. To address this issue, we analyze the effect of sidecars (halts that only affect program trades) using intraday data from the Korean securities...

Persistent link: https://www.econbiz.de/10013070375

Program trading and the link between the spot and futures prices

Jordan, Steven J.; Lee, Woo-Baik; Park, Jong Won - In: The journal of futures markets 35 (2015) 12, pp. 1133-1153

Persistent link: https://www.econbiz.de/10011546237