Early analysis of Bitcoin concluded that it did not meet the economic conditions to be
classified as a currency. Since this conclusion, interest in Bitcoin has increased …

For over half a century, financial experts have regarded the movements of markets as a
random walk--unpredictable meanderings akin to a drunkard's unsteady gait--and this …

Spot power prices are volatile and since electricity cannot be economically stored, familiar
arbitrage‐based methods are not applicable for pricing power derivative contracts. This …

This paper empirically examines the intraday price relationship between S&P 500 futures
and the S&P 500 index using minute‐to‐minute data. Three‐stage least‐squares regression …

We study the feasibility of hedging stocks with oil. The Dynamic Conditional Correlation
(DCC) approach allows for the calculation of optimal hedge ratios and corresponding hedge …

INTRODUCTION ne of the significant innovations of the 1980s is the introduction of stock
index 0 futures contracts. Despite some controversy about index arbitrage and program …

A Cointegration Approach Page 1 Price Dynamics and Error Correction in Stock Index and
Stock Index Futures Markets: A Cointegration Approach Mahmoud Wahab Malek Lashgari …

This article examines intraday transaction data for S&P 500 stock index futures prices and
the intraday quotes for the underlying index. The data indicate that the futures price changes …

BlVAHiAiE GARCH FUTURES: A NOTE Page 1 BlVAHiAiE GARCH ESTIMATION OI IHE
OPTIMAL HEDGE RATIOS FOR STOCK INDEX FUTURES: A NOTE TAE H. PARK L.ORNE N …

The current state of the art in the central bank digital currency (CBDC) literature views
indexes constructed from digital currency news to be fully informed about CBDC uncertainty …