Arbitrage and Price Behavior of the Nikkei Stock Index Futures

Publication Type

Journal Article

Publication Date

4-1992

Abstract

Examines the Nikkei stock average futures contract using intraday transactions data. Limitations in arbitrage opportunities; Properties of the S&P 500 spot-futures prices; Evaluation on the price behavior of the spot index and futures.

Discipline

Business

Research Areas

Finance

Publication

Journal of Futures Markets

Volume

12

Issue

2

First Page

151

Last Page

161

ISSN

0270-7314

Identifier

10.1002/fut.3990120204

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