This study aims to analyse the impact of Single Stock Futures (SSF) on liquidity of the stocks for which SSF was introduced in Karachi Stock Exchange (KSE). A sample of 21 companies is selected from different industrial sectors. Data related to daily stock trading for these companies are taken...

This study investigates risk, performance and persistence of systematic and discretionary CTAs. Before analyzing the average performance this study updates previous results in the CTA literature on database biases and finds that results remain largely unaffected by the recent crisis. Controlling...

This paper examines how exchange rate volatility and Korean banks’ foreign exchange liquidity mismatches interacted with each other during the Global Financial Crisis, and whether the vulnerability stemming from this interaction has been reduced since then. Structural and cyclical changes...

The study aims at observing the impact of listing 106 Single Stock Futures (SSFs) and 31 Single Stock Options (SSOs) on the market value of their respective underlying stocks using event study methodology. The study defines event in two ways: (a) the day on which NSE releases the circular...