Gahlot, Ruchika; Datta, Saroj Kumar - In: Studies in Economics and Finance 29 (2012) June, pp. 118-132
Purpose – The purpose of this paper is to examine the impact of the future of trading on volatility as well as the efficiency of the stock market of BRIC (Brazil, Russia, India and China) countries. This study also investigates the presence of day-of-the-week effect in BRIC countries' stock...