Does Equity Derivatives Trading Affect the Systematic Risk of the Underlying Stocks in an Emerging Market: Evidence from Pakistan’s Futures Market
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KeywordsSystematic risk; beta; stock index futures; single-stock futures; stock price volatility; GARCH model; bear and bull markets; thin trading; Pakistan.;
- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
- G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing
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