2006•ePrints Soton (University of Southampton)Requires access
Stock index futures. Third edition
Charles Sutcliffe
Open publisher page 3 citations
Abstract
The global value of trading in index futures is about $20 trillion per year and rising and for many countries the value traded is similar to that traded on their stock markets. This book describes how index futures markets work and clearly summarises the substantial body of international empirical evidence relating to these markets. Using the concepts and tools of finance, the book also provides a comprehensive description of the economic forces that underlie trading in index futures.