The Financials sector in the Turkish economy has grown at a tremendous rate over the last 35 years. The liberalization and the opening of the economy to international and foreign investors in the 1990s, and the overhaul of the structure of the Turkish banking system with numerous reforms after...

We investigate the integration of oil spot and futures markets using matched, intraday data to avoid non-synchronous trading issues. Our evidence indicates highly integrated spot and futures markets. Economic shocks that arise in spot markets are quickly transmitted to the futures markets...

This is the first study, to our best knowledge, that investigates the intraday volatility characteristics of the Santiago Stock Exchange. The Chilean Stock market has grown consistently over the last 40 years and is now the second largest equity market in South America behind that of Brazil....