The temporal relation between stock index and Index futures has been and continues to be of interest of regulators, academicians and practitioners alike for a number of reasons such as market efficiency volatility and arbitrage. In perfectly efficient markets profitable arbitrage should not...

Many Asian legal systems have moved to modernise their systems of business law. This has usually meant that laws dealing with corporate debt or corporate insolvency have also been introduced or modernised. A seeming paradox is presented by this apparent commitment to the rule of law as is...

Time and again we observe the stock market movements being divorced from developments of underlying economy (real sector firms). This is similar to the dynamics in the superstructure being independent of what is happening in the underlying structure. This disparity is strong with respect to the...

Financial Times Series such as stock price and exchange rates are, often, non-linear and non-stationary. Use of decomposition models has been found to improve the accuracy of predictive models. The paper proposes a hybrid approach integrating the advantages of both decomposition model (namely,...

Housing finance is a high flying sector these days and is expected to grow at phenomenal growth rate (expected 36%). The banks and financial institutions have brought changes to their strategies as there is shift from buyers market to sellers market. Liberal tax rates by the Govt., low and...