HUNG, MAO-WEI; SO, LEH-CHYAN - Volkswirtschaftliche Fakultät, … - 2009
This study investigates correlations between India’s bustling single stock futures (SSFs) and its peculiar Badla … mechanism. Data from the world’s most active SSF market, the National Stock Exchange (NSE) of India, are used. The results … indicated that both the Badla mechanism and the introduction of SSFs seem to have contributed to the higher volatility of the …