The Comparative Analysis of Stock Index Futures Trading Effect on the Trend of Spot Market

被引：0
|
作者：
Zeng Lingling [1 ]
Wang Renxiang [1 ]
Fu Ying [1 ]
机构：
[1] Wuhan Univ Technol, Wuhan 430070, Peoples R China
来源：
2010 2ND IEEE INTERNATIONAL CONFERENCE ON INFORMATION AND FINANCIAL ENGINEERING (ICIFE) | 2010年
关键词：
Stock index futures; Spot market; Volatility; Effect;
D O I：
暂无
中图分类号：
TP [自动化技术、计算机技术];
学科分类号：
0812 ;
摘要：
The impact on volatility of stock index futures to spot markets would be greatly considered during the introduction of stock index futures by the country and areas all over the world. This paper reviews the development of stock index futures in the United States, Japan, Hong Kong, then compares and analyzes the effect of the introduction of CSI300 index futures on the spot market by opening price, closing price and volume. The study shows that the introduction of CSI300 index futures may cause some volatility in the short term, it will not change the long-term trend of spot market. The introduction of stock index futures will optimize the information transmission and response mechanisms of spot market.
引用
收藏
页码：659 / 661
页数：3
相关论文
共 50 条
  • [1] The effect of spot and futures trading on stock index market volatility: A nonparametric approach
    Illueca, M
    Lafuente, JA
    [J]. JOURNAL OF FUTURES MARKETS, 2003, 23 (09) : 841 - 858
  • [2] Comparative analysis on the stock index fluctuations in spot market before and after the introduction of stock index futures
    Liu Junqi
    [J]. PROCEEDINGS OF THE 4TH INTERNATIONAL CONFERENCE ON INNOVATION & MANAGEMENT, VOLS I AND II, 2007, : 953 - 956
  • [3] Analysis of the Spot Market's T+1 Trading System Effects on the Stock Index Futures Market
    Xiong, Xiong
    Liang, Juan
    Cui, Yian
    Zhang, Wei
    Zhang, Yongjie
    [J]. EURASIA JOURNAL OF MATHEMATICS SCIENCE AND TECHNOLOGY EDUCATION, 2017, 13 (12) : 7679 - 7693
  • [4] Analysis of the Volatility of Stock Index Futures on the Spot Market Return
    Zhao Jintao
    [J]. PROCEEDINGS OF THE 23RD INTERNATIONAL BUSINESS ANNUAL CONFERENCE (2016), BKS ONE AND TWO, 2016, : 889 - 893
  • [5] The Effect of Introducing Stock Index Futures on Spot Market Quality: A Survey
    Meng, Hailiang
    Ren, Ruoen
    Xing, Wei
    [J]. 2008 4TH INTERNATIONAL CONFERENCE ON WIRELESS COMMUNICATIONS, NETWORKING AND MOBILE COMPUTING, VOLS 1-31, 2008, : 9589 - 9592
  • [6] The Impact of Stock Index Futures on Spot Market Volatility
    Yao, Yao
    [J]. PROCEEDINGS OF THE 2016 INTERNATIONAL CONFERENCE ON EDUCATION, SPORTS, ARTS AND MANAGEMENT ENGINEERING, 2016, 54 : 1244 - 1247
  • [7] The Impact of Stock Index Futures on the Turkish Spot Market
    Caglayan, Ebru
    [J]. JOURNAL OF EMERGING MARKET FINANCE, 2011, 10 (01) : 73 - 91
  • [8] Analyzing the impact of stock index futures' trading limits on market quality during abnormal fluctuations in the spot market
    Ding, Yijun
    Feng, Yun
    [J]. Xitong Gongcheng Lilun yu Shijian/System Engineering Theory and Practice, 2017, 37 (10): : 2481 - 2496
  • [9] Index Futures Trading Restrictions and Spot Market Quality: Evidence from the Recent Chinese Stock Market Crash
    Han, Qian
    Liang, Jufang
    [J]. JOURNAL OF FUTURES MARKETS, 2017, 37 (04) : 411 - 428
  • [10] Cost-benefit analysis of trading strategies in the stock index futures market
    Xiong Xiong
    Yian Cui
    Xiaocong Yan
    Jun Liu
    Shaoyi He
    [J]. Financial Innovation, 6
12345