Introduction of derivative trading in India and its impact on the volatility of underlyingspotmarket
Material type: Mixed materialsPublication details: 2013Description: 89-104Subject(s): NLM classification:- 332.632
Item type | Current library | Call number | Vol info | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|
Periodicals/Magazines | SSCBS Library | 27/1 | Available | P14861 |
Equity derivatives have become popular financial products in Indian capital market since 2003. Trading on derivatives tend to make the underlying spot market more liquid and informationally effecient. Despite the financial crisis in the year 2008the turnover in derivative market was 4 times then that of spot market. Volatility impact has been examined with the help of asymmetric GRACH model. GJRGRACH (1,1) was used to model the heteroskedasticity and examine the changes in the post introduction period.
There are no comments on this title.