Matches in SemOpenAlex for { <https://semopenalex.org/work/W2280388610> ?p ?o ?g. }
Showing items 1 to 48 of
48
with 100 items per page.
- W2280388610 endingPage "81" @default.
- W2280388610 startingPage "1" @default.
- W2280388610 abstract "In this study, the data of Taiwan Futures Exchange (TAIFEX) dated from 2008/1/2 to 2009/9/30, main TAIEX futures, small TAIEX futures, electronic futures and financial futures are the main research samples. Using Vector Autoregression to explore the relationship among day trade, volatility, liquidity and efficiency to analyze its effect is the same between four various futures commodity. The results show that there is a significant positive effect on the large TAIEX futures and small TAIEX futures volatility, liquidity and efficiency. It indicates that day trade will cause greater fluctuations in order to attract the preference for short-term trader to enter the market. In addition, the more day trader, the narrower the bid-ask spread, and the transaction costs decreased so as to enhance the liquidity of the market. It seems that the traders prefer the transactions which are more liquid. High volume hedge transactions will cause the severe fluctuations of short-term price compared to the long-term price. Therefore, the liquidity in short futures market will not only be higher, but also be efficiency. It also found that the volatility and liquidity exists endogenous relationship in large TAIEX Futures, Mini TAIEX futures, electronic futures and financial futures. Besides, from this evidence we acquired the predictable function when the early return volatility increases will cause increased current liquidity. In addition, if it exits high liquid in frequency trading market, the investors will get into the market and it will expand futures market volatility. As for efficiency, it shows that day trading in the large TAIEX futures and small TAIEX futures will increase the efficiency, but not in the electronic futures and financial futures." @default.
- W2280388610 created "2016-06-24" @default.
- W2280388610 creator A5073767268 @default.
- W2280388610 date "2013-01-01" @default.
- W2280388610 modified "2023-09-23" @default.
- W2280388610 title "台灣期貨市場當日沖銷交易、波動度、流動性及效率性之關聯性分析" @default.
- W2280388610 doi "https://doi.org/10.6846/tku.2013.00028" @default.
- W2280388610 hasPublicationYear "2013" @default.
- W2280388610 type Work @default.
- W2280388610 sameAs 2280388610 @default.
- W2280388610 citedByCount "0" @default.
- W2280388610 crossrefType "journal-article" @default.
- W2280388610 hasAuthorship W2280388610A5073767268 @default.
- W2280388610 hasConcept C10138342 @default.
- W2280388610 hasConcept C106159729 @default.
- W2280388610 hasConcept C106306483 @default.
- W2280388610 hasConcept C144133560 @default.
- W2280388610 hasConcept C149782125 @default.
- W2280388610 hasConcept C155301685 @default.
- W2280388610 hasConcept C162324750 @default.
- W2280388610 hasConcept C169871336 @default.
- W2280388610 hasConcept C183582576 @default.
- W2280388610 hasConcept C206757995 @default.
- W2280388610 hasConcept C39389867 @default.
- W2280388610 hasConcept C556758197 @default.
- W2280388610 hasConcept C91602232 @default.
- W2280388610 hasConceptScore W2280388610C10138342 @default.
- W2280388610 hasConceptScore W2280388610C106159729 @default.
- W2280388610 hasConceptScore W2280388610C106306483 @default.
- W2280388610 hasConceptScore W2280388610C144133560 @default.
- W2280388610 hasConceptScore W2280388610C149782125 @default.
- W2280388610 hasConceptScore W2280388610C155301685 @default.
- W2280388610 hasConceptScore W2280388610C162324750 @default.
- W2280388610 hasConceptScore W2280388610C169871336 @default.
- W2280388610 hasConceptScore W2280388610C183582576 @default.
- W2280388610 hasConceptScore W2280388610C206757995 @default.
- W2280388610 hasConceptScore W2280388610C39389867 @default.
- W2280388610 hasConceptScore W2280388610C556758197 @default.
- W2280388610 hasConceptScore W2280388610C91602232 @default.
- W2280388610 hasLocation W22803886101 @default.
- W2280388610 hasOpenAccess W2280388610 @default.
- W2280388610 hasPrimaryLocation W22803886101 @default.
- W2280388610 isParatext "false" @default.
- W2280388610 isRetracted "false" @default.
- W2280388610 magId "2280388610" @default.
- W2280388610 workType "article" @default.