The Futures Trading Activity And Exchange Rate Volatility

Language: English

Published by LAP LAMBERT Academic Publishing Mai 2020, 2020

620255259X / 9786202552592

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This item is printed on demand - Print on Demand Titel. Neuware -Foreign exchange derivative instruments are used by both hedger and speculators. Whereas hedgers use them in order to reduce their currency risk exposure, speculators use derivative instruments in order to increase their potential gain from exchange rate movements. The objective of this study is to empirically test whether trading activity in the Indian foreign exchange futures market (which is one of the derivative markets) has any effect on the stability of the underlying exchange rate or not. For the purpose of the study daily information on the spot exchange rates, currency futures trading volume, and open interest were collected for the Euro, British Pound Sterling, Japanese Yen, and US Dollar. The empirical results indicate that futures market trading activity has a significant effect on the exchange rate volatility. In addition to that, the study concludes, shock in futures market trading activity seems to have a destabilizing effect on the underlying exchange rates.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 76 pp. Englisch.…

Seller Inventory # 9786202552592

Title
The Futures Trading Activity And Exchange Rate Volatility
Author
Krishnendu Maji
Publisher
LAP LAMBERT Academic Publishing Mai 2020
Publication year
2020
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
620255259X
ISBN 13
9786202552592
Item weight
131 grams
Dimensions
220x150x6 mm

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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