This paper empirically examines whether asset's liquidity can help resolve the known strike-price biases of the Black-Scholes model for different liquidity measures based on trading volume, bid-ask spread and the Amihud's ILLIQ. Our results indicate that, when the underlying asset or its...

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...