Empirical Research Result in Korean Derivatives Market

Result of empirical research on Korean derivatives market 2.1 The data investigation period was carried out from May 3, 1996 to August 31, 2008. The data set is as follows. (1) KOSPI 200 futures and KOSPI 200 cash transaction price data at 1 minute intervals, (2) use annual call rate as interest, (3) KOSPI 200 index dividend, and (4) cash and arbitrage arbitrage and Daily cash transactions for reverse cash and arbitrage transactions. 2.2 The subject of considering opportunities for index arbitrage violating the arbitrage price condition.

In this paper we will examine the impact of the introduction of stock index futures trading on the Chinese stock market. I will mainly describe two topics. (1) Volatility of stock price and transaction efficiency, and (2) Arbitrage transaction related to stock index futures trading. In these two topics we have explored the empirical findings of the Korean derivatives market. Empirical results have had the following impacts on the Chinese stock market. - Impact of the global financial crisis on the Chinese economy Over the past two decades, China has enjoyed one of the fastest growing speeds in the world. At present, China has always been a major contributor to world economic growth. However, in recent years the global financial crisis has caused tremendous damage to China's economic growth. Especially in export sector, China is hardly affected by this crisis.

Because financial futures trading has just started in China, the impact of financial derivatives trading on related stock markets is very important for investors and regulators. Given the early stages of futures trading, the related research and empirical results of the developed derivatives market will not only help to assess the economic benefits of the derivatives market, but also build a more efficient and stable market in China It also helps. In this paper, we introduce some empirical studies on the Korean derivatives market and aim to achieve these goals by examining the impact on the Chinese market.

The derivatives market is a trillion dollar market all over the world. Derivatives are either listed or over-the-counter derivatives (OTC). Foreign derivatives are usually forward contracts, while listed derivatives are futures, options and swaps. A good explanation of these derivatives is here. At the time of writing, the Indian derivatives market value is 15 times that of the stock market. Our goal is to put the derivatives and securities markets in a block chain. In real world, derivative contracts are created, traded and settled by centralized or centralized exchanges. This intensive party creates derivatives, verifies buyers and sellers, guarantees transactions, and receives fees from buyers and sellers. The central party solved the issue of information asymmetry