Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 11 of 11 for “"Derivative Markets"”.
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Essays On Information And Derivative Markets
… the literature. In the third chapter ("Financial Markets with Trade on Risk and Return"), I develop a model in which risk-averse investors trade on private information regarding both a stock's expected payoff and risk. These investors may trade in the stock and a derivative whose payoff is a …
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An examination of commodity derivative markets: efficiency, volatility and diversification benefits
… three papers which all examine commodity derivative markets and have a particular focus on commodity futures markets. The first paper examines market efficiency in metal, agricultural, financial and energy futures markets across different maturities. In the long-run, we found all markets …
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An analysis of the OPEC Reference Basket with regards to African Pricing and Spread to the WTI and Brent
… exporting countries by virtue of setting up derivative markets. The derivative markets would allow for the trade of benchmark spreads, futures contracts, options and other financial instruments for African oil producers.
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Derivatives markets and real economic activity
… single largest innovation in global financial markets in response to financial deregulation and financial innovation over the past two decades has been the emergence and spectacular growth of derivatives markets. The dramatic emergence of derivatives has caught many Central Bankers unaware and …
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Changes in Trading Volume and Return Volatility Associated with S&P 500 Index Additions and Deletions
… it is automatically "cross-listed" in the index derivative markets (i.e., S&P 500 Index futures and Index options). I examined the effects of such cross-listing on the trading volume and return volatility of the underlying component stocks. Traditional finance theory asserts that futures and …
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Derivative usage by listed companies in Mauritius, Morocco, Tunisia, WAEMU region 2008/2009
Derivatives have a long history which could be traced as far as in the biblical times, around 1700 B.C when Jacob was granted the right to marry Laban’s daughter, in counterparty of seven years of work, an agreement often presented as one of the first option contract in the human history. However, …
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Multi-curve frameworks and information-based models
The distinction between bank funding cash and derivative markets were magnified in the aftermath of the 2008 global financial crisis, and further fortified by the need for reference rate reform post the Financial Stability Board's review of major interest benchmarks in 2014. The cognisance of …
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Three Essays in Empirical Asset Pricing
… government intervention in firms and markets. The scope and depth of government action rivaled that of the Great Depression. Many traded markets experienced dramatic declines in liquidity leading to the existence of conditions normally assumed to be promptly removed via the actions of …
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Bringing Down The House: Gambling, Speculation And The Making Of The Small Investor In Colonial India, 1867-1943
… to narrate the growth of commodity exchanges and markets that emerged in colonial India during the early twentieth century and the clientele they attracted. My project intervenes in a number of major existing debates in the histories of law and governmentality, finance and political economy and …
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Quantifying the effects of new derivative introduction on exchange volatility, efficiency and liquidity
… the effects of the introduction of new financial derivative products on exchange volatility, efficiency and liquidity. The derivatives under primary investigation are Exchange Traded Funds (ETFs) and Contracts for Difference (CFDs). These products offer a cheap, tax-efficient and speedy method for …
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Essays on the relations between derivatives and underlying asset or commodity markets
This is an empirical study of relations between derivatives markets and their underlying asset or commodity markets. The dissertation consists of three essays. The first essay analyzes the impact of option trading on stock price efficiency around the expirations of IPO lockup agreements. It is well …