|
|
|||
|
||||
OverviewThe 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 DetailsAuthor: Charles M.S. SutcliffePublisher: Taylor & Francis Ltd Imprint: Routledge Edition: 3rd edition Weight: 0.990kg ISBN: 9781138620674ISBN 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 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 ContentsContents: 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.ReviewsAuthor InformationSutcliffe, Charles M.S. Tab Content 6Author Website:Countries AvailableAll regions |
||||