Stock Index Futures

Author:   Charles M.S. Sutcliffe
Publisher:   Taylor & Francis Ltd
Edition:   3rd edition
ISBN:  

9781138620674


Pages:   534
Publication Date:   18 December 2020
Format:   Paperback
Availability:   In Print   Availability explained
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Stock Index Futures


Overview

The global value of trading in index futures is about $20 trillion per year and rising and for many countries the value traded is similar to that traded on their stock markets. This book describes how index futures markets work and clearly summarises the substantial body of international empirical evidence relating to these markets. Using the concepts and tools of finance, the book also provides a comprehensive description of the economic forces that underlie trading in index futures. Stock Index Futures 3/e contains many teaching and learning aids including numerous examples, a glossary, essay questions, comprehensive references, and a detailed subject index. Written primarily for advanced undergraduate and postgraduate students, this text will also be useful to researchers and market participants who want to gain a better understanding of these markets.

Full Product Details

Author:   Charles M.S. Sutcliffe
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Edition:   3rd edition
Weight:   0.990kg
ISBN:  

9781138620674


ISBN 10:   113862067
Pages:   534
Publication Date:   18 December 2020
Audience:   College/higher education ,  General/trade ,  Tertiary & Higher Education ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Contents: Preface. Preliminaries: Stock market indices; Introduction to futures trading. Arbitrage: Arbitrage and the valuation of stock index futures; Arbitrage in practice; Arbitrage and relaxing the assumptions. Prices: Basics, spreads and the risk premium; Maturity, price volatility and volume; Market efficiency. Uses: Hedging; The uses of stock index futures by fund managers. Others: The design and regulation of futures contracts; Further topics in index futures; Questions; Glossary; References; Index.

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Author Information

Sutcliffe, Charles M.S.

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Latest Reading Guide

April RG 26_2

 

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