liquidity risk on futures hedging. This chapter compares such effects under alternative settlement specifications with a simple …A futures contract may rely upon physical delivery or cash settlement to liquidate open positions at the maturity date …. Contract settlement specification has direct impacts on the behavior of the futures price, leading to different effects of …

This study aims to analyse the impact of Single Stock Futures (SSF) on liquidity of the stocks for which SSF was … test for two population means. Results of the Hotelling's T squared test indicate that the introduction of stock futures … trading has significantly affected liquidity of the stocks dealing in Single Stock Futures. Results of the paired difference …