是什么决定了股票衍生品市场的成功？全球视角

IF 6.3 2区经济学 Q1 BUSINESS, FINANCE

Borsa Istanbul Review Pub Date : 2024-10-01 DOI:10.1016/j.bir.2023.10.008

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引用次数: 0

摘要

本研究调查了推动亚太地区、美洲、欧洲、非洲和中东三个地区衍生品市场增长的因素。研究发现，基础市场规模、波动性和流动性是影响衍生品市场增长的主要因素。研究结果证实，监管和政治在促进衍生品市场发展方面发挥着至关重要的作用。研究结果强调了经济变量的影响，如经商便利程度、通货膨胀、利率差和经济政策的不确定性。这些研究结果为市场分析师、投资者和政策制定者提供了宝贵的见解，使他们能够促进衍生品市场的发展并取得成功。

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What determines the success of equity derivatives markets? A global perspective

This study investigated the factors driving derivatives market growth across three regions: the Asia-Pacific region, America, Europe, Africa, and the Middle East. It found that underlying market size, volatility, and liquidity are the main factors that affect the growth of derivatives markets. The results confirm the crucial role played by regulation and politics in fostering the development of derivatives markets. The findings highlight the impact of economic variables such as the ease of doing business, inflation, the interest rate spread, and economic policy uncertainty. These findings offer valuable insights for market analysts, and investors, and for policymakers to enable them to enhance the growth and success of derivatives markets.

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来源期刊

Borsa Istanbul Review Multiple-

CiteScore

7.60

自引率

3.80%

发文量

130

审稿时长

26 days

期刊介绍： Peer Review under the responsibility of Borsa İstanbul Anonim Sirketi. Borsa İstanbul Review provides a scholarly platform for empirical financial studies including but not limited to financial markets and institutions, financial economics, investor behavior, financial centers and market structures, corporate finance, recent economic and financial trends. Micro and macro data applications and comparative studies are welcome. Country coverage includes advanced, emerging and developing economies. In particular, we would like to publish empirical papers with significant policy implications and encourage submissions in the following areas: Research Topics: • Investments and Portfolio Management • Behavioral Finance • Financial Markets and Institutions • Market Microstructure • Islamic Finance • Financial Risk Management • Valuation • Capital Markets Governance • Financial Regulations