This paper investigates the relationship between volatility and liquidity on the German electricity futures market … empirical intraday prices are not equally spaced in time. Empirical evidence suggests that volatility of electricity futures … electricity futures prices involve a growing volatility function in time and are thus not able to capture our empirical findings a …

This study uses high-frequency data to examine the impact of Bitcoin futures trading on volatility and liquidity of the … becomes more liquid in the post-futures trading period. The results are robust to different volatility and liquidity proxies … Bitcoin spot market. The introduction of futures trading significantly reduces the spot price variations. The spot market …