Trading volume in derivatives markets (2000-2014): comparison between the Spanish market and international markets
DOI:
https://doi.org/10.32826/cude.v42i120.76Keywords:
financial markets, financial derivatives, financial options, financial futures, risk managementAbstract
The aim of this article is to analyze derivatives markets along the 2000-2014 period, comparing the Spanish and the international frameworks. Our results show that both have followed a similar evolution when it comes to the market volume. However, when analyzing preferences between futures and options, we show that options predominate in the international framework, while futures are preferred in the Spanish framework, although volatility around this choice is higher in the latter case
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2019-02-12
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