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Electronic trading on futures exchanges

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Author Info
Asani Sarkar
Michelle Tozzi

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Abstract

Although the open outcry method is still the best way to trade highly active contracts on futures exchanges, electronic systems can improve the efficiency and cost effectiveness of trading some types of futures and options. In recent years, the volume of electronic trades on futures exchanges has more than doubled, and it should continue to grow rapidly.

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Publisher Info
Article provided by Federal Reserve Bank of New York in its journal Current Issues in Economics and Finance.

Volume (Year): (1998)
Issue (Month): Jan ()
Pages:
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Handle: RePEc:fip:fednci:y:1998:i:jan:n:v.4no.1

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Related research
Keywords: Futures

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Francis Breedon & Allison Holland, . "Electronic versus open outcry markets: The case of the Bund futures contract," Bank of England working papers 76, Bank of England. [Downloadable!]
  2. Kofman, Paul & Moser, James T, 1997. "Spreads, Information Flows and Transparency across Trading Systems," Applied Financial Economics, Taylor and Francis Journals, vol. 7(3), pages 281-94, June. [Downloadable!] (restricted)
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  3. Miller, Merton H., 1997. "The future of futures," Pacific-Basin Finance Journal, Elsevier, vol. 5(2), pages 131-142, June. [Downloadable!] (restricted)
    Other versions:
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. James McAndrews & Chris Stefanadis, 2000. "The emergence of electronic communications networks in the U.S. equity markets," Current Issues in Economics and Finance, Federal Reserve Bank of New York, issue Oct. [Downloadable!]
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This page was last updated on 2008-10-9.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.