Kuo, Wen-Hsiu; Hsu, Liu-Hsiang; Lin, Ching-Chung - In: Economics Bulletin 7 (2007) 10, pp. 1-14
Using a unique dataset from the Taiwan Futures Exchange, this paper investigates whether trading imbalances by foreign investors affect emerging Taiwan futures market in terms of returns and volatility. First, this evidence demonstrates a positive relation between contemporaneous futures returns...
