Download or read book Price Limits and Margin Requirements in Futures Markets written by Haiwei Chen and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the hypothesis that futures exchanges could use daily price limits as a substitute for higher margin requirements. The empirical results show that the size of margin is negatively correlated with the presence of price limits. Evidence points to the portfolio adjustment costs theory as an explanation of the benefits from price limits. The empirical results cast doubt on the notion that price limits should be abolished. The results also confirm that exchanges have set margin requirements according to economic theories.

Download or read book The Adequacy and Consistency of Margin Requirements in the Markets for Stocks and Derivative Products written by Mark Warshawsky and published by . This book was released on 1989 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Theory of Price Limits in Futures Markets written by Michael Joseph Brennan and published by . This book was released on 1984 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Margin Requirements Price Limits and Their Relationship to Canadian Agriculture Futures Price Volatility written by Wan-Ju Hsiao and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Margin requirements for futures contracts represent the amount that traders have to deposit to protect the broker from default. Margin requirements may be used as a tool to prevent excessive volatility in the futures price by limiting excessive speculation in the futures market. Previous studies that examined the effectiveness of margin requirements upon price volatility have not found evidence that margins are able to stabilize the futures price volatility. However, none of these studies have considered the price limits specified by the futures exchange to reduce large movements in prices. Thus, the objective of this study is to examine two Canadian agriculture futures contracts--the canola and the western domestic barley futures contract which are traded on the ICE Futures Canada--over the period June 2002 through June 2009, to understand whether increases in margins are effective at stabilizing futures prices after considering the effect of price limits upon futures prices. The results show that increases in margins can reduce futures price volatility when price limits are taken into consideration for the canola contract, but not for the barley contract. Moreover, the existence of price limits appears to have a gravitation (destabilization) effect on canola futures price volatility but no effect on the barley futures price volatility.

Download or read book Regulatory Reform of Stock and Futures Markets written by Franklin R. Edwards and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Margins Market Integrity written by and published by Irwin Professional Publishing. This book was released on 1991 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Report on the Regulation of Futures Margins written by and published by . This book was released on 1988 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Understanding Opportunities and Risks in Futures Trading written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1994 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains the commodities market, the risks involved, and regulations governing it.

Download or read book Inside the Financial Futures Markets written by Mark J. Powers and published by John Wiley & Sons. This book was released on 1991-10-09 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Co-authored by Mark Powers who has been called one of the ``founding fathers of financial futures,'' this revised text contains more material than the previous edition. Along with expanded coverage of fixed income securities and foreign currency markets, it includes new chapters on portfolio insurance; interest rate and foreign currency swaps; options on fixed income securities and other topics of current interest.

Download or read book Margin Requirements for Transactions in Financial Instruments written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1980 with total page 868 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Options on Futures written by John F. Summa and published by John Wiley & Sons. This book was released on 2002-01-04 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increased marketplace volatility and the expanding size of capital markets have led to an explosion of interest in options on futures. What makes these instruments so attractive is that they allow traders to profit from movements in the markets using little up-front capital and plenty of leverage. At the same time, they provide an excellent hedge against the risks associated with capital market investments. This book demystifies these notoriously difficult-to-understand instruments and provides state-of-the-art strategies and tools for making the most of options on futures. John F. Summa (New Haven, CT) is a CTA and cofounder of OptionsNerd.com, an online service providing market commentary, trading advisories, and assistance with trading system development. Jonathan Lubow (Randolph, NJ) is cofounder and Vice President of Trader's Edge, a futures and options brokerage.

Download or read book The Role of Margin Requirements in Futures Markets written by Sujata Bose Sinha and published by . This book was released on 1993 with total page 750 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Understanding Commodity Futures Trading written by and published by . This book was released on 1994 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Review of Futures Markets written by and published by . This book was released on 1988 with total page 1010 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Estimation Model for Futures Contract Margin Requirements written by Betsey Epstein Kuhn and published by . This book was released on 1976 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economics of Futures Trading written by Thomas A. Hieronymus and published by . This book was released on 1972 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Complete Idiot s Guide to Options and Futures written by Scott Barrie and published by Penguin. This book was released on 2006 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Completely updated, this practical guide has the information investors need to keep up in the complex, fast-paced, and highly profitable world of options and futures, where everything is in play-from oil to diamonds, poultry to vaccines, franchises to coffee. Provides cutting edge information on energy futures and options Tools for creating flexible strategies that can move with the times New information on the solid standbys like livestock, precious metals, and equities Keyed to the new realities of the global economy, making this book vital for investors at all levels Highly respected expert author