Kavussanos, Manolis; Visvikis, Ilias - In: The European Journal of Finance 14 (2008) 3, pp. 243-270
This paper examines the hedging effectiveness of the FTSE/ATHEX-20 and FTSE/ATHEX Mid-40 stock index futures contracts in the relatively new and fairly unresearched futures market of Greece. Both in-sample and out-of-sample hedging performances using weekly and daily data are examined,...