Title :
Research on Relation between Stock Index Futures and Spot Market
Author :
Zhiyong Gong ; Li Dingan ; Fan Qi
Author_Institution :
Sch. of Econ. & Commerce, South China Univ. of Technol., Guangzhou
Abstract :
The article examines the lead-lag relationship in returns on stock index futures and spot market from the Asia practice; the trading volume change relationship between stock index futures and spot market; the impact of stock index futures on stock price fluctuation. The conclusions drawn are that stock index futures may not enhance the spot market fluctuation. Stock index futures can strengthen the marketplace stability; they can perfect our countries capital market structure and function.
Keywords :
commodity trading; share prices; capital market; lead-lag relationship; spot market; stock index futures; stock price fluctuation; trading; Asia; Business; Cities and towns; Contracts; Costs; Fluctuations; Security; Stability; Statistics; Technological innovation;
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
Conference_Location :
Dalian
Print_ISBN :
978-1-4244-2107-7
Electronic_ISBN :
978-1-4244-2108-4
DOI :
10.1109/WiCom.2008.2239
