Well established and efficient agricultural commodity futures markets, are expected to perform the role of price discovery and risk management more effectively. The results of the Johansen's cointegration tests have shown that the spot and futures markets for the 12 agricultural commodities are...

With due credit to the globalized interlinked economy, the international linkages, information transmission, and the spillover effect from one futures market to other markets across the world is well researched and documented. Especially several studies on equity, currency, and commodity markets...

The primary reason for the existence of commodity derivatives market is to offer instruments for price discovery and risk management. Imposition of CTT on futures trading in non-agriculture commodities has allegedly disturbed the Indian commodity market from carrying out its function price...

The short term association between spot return and future return of Great Britain Pound /Indian National Rupee (JPY/INR) currency pair traded in India is the subject of present study. With the objective of examining the short term relationship, we examined the short term causal relationship...

The short term association between spot return and future return of Great Britain Pound /Indian National Rupee (GBP/INR) currency pair traded in India is the subject of present study. With the objective of examining the short-term relationship, we examined the short-term causal relationship...

This study examines the existence of Cointegration between the future and spot prices of highly traded currencies in India like USD, EURO, GBP, and JPY. The spot prices are collected from RBI reference Prices and future prices from MCX-SX (Multi Commodity Exchange-Stock Exchange) from October...

The main objective of this paper is to study whether the introduction of the currency futures had an impact of the interrelation and information flows between the INR-USD spot and offshore forward (i.e., non-deliverable forward) markets. The econometric models have been used in this study, and...

Silver is a metal that is associated with metals like gold, lead, zinc, and copper, though its unusual properties make it very different from them. It is used in making various kinds of jewelry, as it is considered as a precious metal second to gold but its contribution in the various industrial...

The last twenty-five years have seen dramatic changes in the global financial system and another wave of innovation in finance. The most dramatic developments in the global financial system are the enormous growth in instruments for risk transfer and risk management, the growing role played by...

This paper tests the impact of the commodity transaction tax (CTT) introduced in Indian commodity market since July 2013, particularly on market liquidity and volatility aspects. We rely on a distinctive design of the tax, which is imposed only on non agri-commodities. Here, we considered Gold...