Nexus between governance indicators & sustainable stock market development in Pakistan: Evidences from symmetric and asymmetric analysis

K Islam, AR Bilal - Pakistan Journal of Humanities and Social …, 2021 - internationalrasd.org
The hidden non-linear association between governance indicators & stock market
development (SMD) of Pakistan has been scrutinized in this study by using two comparative …

What determines volatility smile in China?

P Li, A Xian, Y Lin - Economic Modelling, 2021 - Elsevier
The implied volatility for 50 ETF options in China shows a significant smile pattern across
different moneyness. Call and put options on 50 ETFs transacted from February 2015 to …

Trading restriction and the choice for derivatives

W Ye, P Chen, Y Shi, X Liu - International Review of Financial Analysis, 2022 - Elsevier
In this paper, we explore how trading restriction in terms of significantly increased cost for
futures contracts impacts trading activities of futures and options written on the same …

The impact of soft intervention on the Chinese financial futures market

JE Hilliard, H Zhang - Journal of Futures Markets, 2020 - Wiley Online Library
During the 2015 financial crisis in China, participants faced the criticism that manipulators
and shorts had destabilized the market. As a result, the Chinese Securities Regulatory …

Pricing kernel monotonicity and term structure: Evidence from China

Y Jiao, Q Liu, S Guo - Journal of Banking & Finance, 2021 - Elsevier
Using all the data of options on the China 50 ETF, we study the pricing kernel monotonicity
by adapting the recently proposed conditional density integration approach of Linn-Shive …

Understanding Equity Option Returns in the Chinese Market

G Li, Z Wang - Available at SSRN 4945542, 2024 - papers.ssrn.com
We examine returns on the Shanghai Stock Exchange (SSE) 50ETF options and find that
average delta-hedged returns on call (put) options are significantly negative (positive) …

Policy Transfer: The Case of Founding the Growth Enterprise Board in China's Security Market

J Zhang, Y Zhang, A Farazmand - International Journal of Public …, 2021 - Taylor & Francis
This article explores the initiation process of China's Growth Enterprise Board in the security
market and focuses on the policy transfer activities developed by the Chinese based on the …

[引用][C] Patterns of 50 ETF options implied volatility in China: on implied volatility functions

P Li, Y Lin, Y Zhong - 2021 - Technická univerzita v Liberci