Purpose–The purpose of this paper is to investigate whether the change of margin in Chinese futures markets has policy spillover effects. Design/methodology/approach–The paper constructs a model based on Harzmark and on Chng, taking Chinese futures markets status quo as a single species and...

Purpose–The purpose of this paper is to empirically analyze the role of differentiated margin system in leading investors' investing behavior and then optimize investor structure in futures markets. Design/methodology/approach–Using economic experimental research method, this paper designs...

Purpose – The purpose of this paper is to investigate whether the change of margin in Chinese futures markets has policy spillover effects. Design/methodology/approach – The paper constructs a model based on Harzmark and on Chng, taking Chinese futures markets status quo as a single species...

Purpose – The purpose of this paper is to empirically analyze the role of differentiated margin system in leading investors' investing behavior and then optimize investor structure in futures markets. Design/methodology/approach – Using economic experimental research method, this paper...