An empirical examination of the lead–lag relationship between spot and futures markets: evidence from Thailand
(2014)
Journal Article
Judge, A., & Reancharoen, T. (2014). An empirical examination of the lead–lag relationship between spot and futures markets: evidence from Thailand. Pacific-Basin Finance Journal, 29, 335-358. https://doi.org/10.1016/j.pacfin.2014.05.003
This study investigates whether a lead–lag relationship exists between the spot market and the futures market in Thailand during the period 2006 through 2012. In a rational, efficient market, returns on derivative securities and their underlying asse... Read More about An empirical examination of the lead–lag relationship between spot and futures markets: evidence from Thailand.