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 …

In this bibliometric study, the significant transformations in the financial sector brought about
by automation and technological advancements from 1984 to 2022 are explored. A total of …

Abstract The Singapore Exchange (SGX), a small satellite market, successfully competes
with a large home market, the Osaka Securities Exchange (OSE), in trading the Nikkei 225 …

This study examines the influence of macroeconomic news on price discontinuities in the
S&P 500 index futures. Results document a strong association between macro news and …

During 1999 and 2000, three major futures exchanges transferred trading in stock index
futures from open outcry to electronic markets: the London International Financial Futures …

Issues of recent interest and controversy regarding bid–ask spreads in commodity futures
markets are investigated. First, competing spread estimators are applied to open outcry …

The issues of price clustering and electronic trading have triggered important recent
debates, and generated interest from regulators due to their potential implications for market …

This study compares liquidity costs of electronic and open-outcry wheat futures contracts
traded side-by-side on the Kansas City Board of Trade. Liquidity costs are considerably …

The Chicago Board of Trade (CBOT) introduced side by side trading of its agricultural futures
commodities in August 2006. We analyze and compare market quality conditions in corn …

Tea is one of the most popular beverages in the world. Its consumption exceeds the
consumption of milk, coffee and orange juice. Despite its importance, tea has not been …