Syamala, Sudhakar Reddy; Reddy, V. Nagi; Goyal, Abhinav - In: Journal of International Financial Markets, … 33 (2014) C, pp. 317-334
Using a sample of actively traded stocks and options from emerging order-driven market, this study examines and provides satisfactory evidence for the existence of commonality in liquidity for both spot and derivatives market. For equities, the market- and industry-wide commonality remain strong...