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A note on speculative versus arbitrage...
Journal article

A note on speculative versus arbitrage opportunities from index futures mispricing: Some Canadian evidence

Abstract

A number of stock index futures markets have offered profit opportunities for arbitrageurs in the early years of trading, but after a period of seasoning, such opportunities have become infrequent. This is not the same as saying that speculative opportunities were unavailable. This contention is argued, and illustrated for the case of Canadian stock index futures.

Authors

Deaves R

Journal

International Review of Economics & Finance, Vol. 3, No. 3, pp. 319–325

Publisher

Elsevier

Publication Date

January 1, 1994

DOI

10.1016/1059-0560(94)90014-0

ISSN

1059-0560
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