 |
 หัวเรื่อง:ไม่มีชื่อไทย (ชื่ออังกฤษ : Trader Types Observed by Volume and Price Volatility Relationship in Futures Exchanges) ผู้เขียน: ดร.ธนโชติ บุญวรโชติ, รองศาสตราจารย์ ,  ปิยลักษณ์ หนูดำ สื่อสิ่งพิมพ์:pdf AbstractThis study observes the trader types between developed and emerging commodity futures exchanges. Relationship between trading volume and volatility are investigated in contemporaneous and dynamic relations. The results show fewer heterogeneous trader types in emerging exchanges even though their trading volumes are higher than those of developed exchanges. Regulators of emerging futures exchanges should develop both trading activities and increase of trader types in their exchanges. |
 |
หัวเรื่อง:ไม่มีชื่อไทย (ชื่ออังกฤษ : Price Discovery in Developed and Emerging Commodity Futures Exchanges) ผู้เขียน:ดร.ธนโชติ บุญวรโชติ, รองศาสตราจารย์, ปิยลักษณ์ หนูดำ สื่อสิ่งพิมพ์:pdf AbstractThis study investigates the price discovery process in developed and emerging agricultural commodity futures exchanges. The results of Vector Error Correction Models (VECM) show that price discovery mechanism mostly works in all developed and emerging commodity futures exchanges except in white corn contracts of the Republic of South Africa Exchange and soybean contracts of Indian Exchange. However, the spot price of some commodity in some countries lead futures price. The empirical results reveal that wheat contracts of U.S., Malaysia?s crude palm oil contracts, RSS3 contracts and white rice 5% contracts of Thailand contribute to over 75 percent of information share in price discovery. |
 |
|