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- W2391645512 abstract "Using Hongkong Hengsheng stock index and its futures as the sample,the author studies the unidirectional causality between the stock index fluctuation and the stock index futures transaction volume. The research shows the daytime price fluctuation in stock index spot transaction market does not increase the stock index futures transaction volume,but the obvious change in stock index futures transaction volume will lead to the increase in the fluctuation of stock market a week later,which reflects that the stock index futures in Hongkong market are mainly used as arbitrage instrument instead of risk-hedging instrument." @default.
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- W2391645512 date "2008-01-01" @default.
- W2391645512 modified "2023-09-23" @default.
- W2391645512 title "A Study on the Impact of Stock Index Timebargain Volume on Stock Index Spot Transaction Fluctuation" @default.
- W2391645512 hasPublicationYear "2008" @default.
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