haku: @indexterm hedging / yhteensä: 349
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Tekijä:Pennings, J. M. E.
Leuthold, R. M.
Otsikko:Introducing new futures contracts: reinforcement versus cannibalism
Lehti:Journal of International Money and Finance
2001 : OCT, VOL. 20:5, p. 659-675
Asiasana:CONTRACTS
FUTURES MARKETS
HEDGING
Kieli:eng
Tiivistelmä:In order to assure survival, futures exchanges around the world are in constant search of new futures contracts that will generate a profitable level of trading volume. Introducing new futures contracts may increase or decrease the volume for those contracts already listed. Using a multi-product hedging model in which the perspective has been shifted from portfolio to exchange management, the authors study these effects.
SCIMA tietueen numero: 226521
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