The value of trading in index futures is currently around $20 trillion and rising. This book describes how index futures work and summarizes the substantial body of empirical data on these markets in a clear and accessible way. With its inclusion of a full range of teaching and learning aids Stock Index Futures is ideal for the undergraduate and graduate.This is the a#39;cascade theorya#39; of the stock market crash of October l987, i.e. a fall in stock market prices led portfolio insurers to sell ... Using data for five minute periods and the volume of portfolio insurance for the contemporaneous and three anbsp;...
|Title||:||Stock Index Futures|
|Author||:||Charles M. S. Sutcliffe|
|Publisher||:||Ashgate Publishing, Ltd. - 2006-01-01|