THE EFFECT OF INDIVIDUAL FUTURE CONTRACTS ON THE ABNORMAL RETURNS OF UNDERLYING STOCKS: EVIDENCE FROM BORSA ISTANBUL
This study aims to shed light on the immediate stock price response to the introduction of individual future contracts (IFCs) in Borsa Istanbul and make a general assessment of the Turkish stock market efficiency. In this context, as of June 2020, all 37 stocks traded in the futures market are inclu...
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Main Authors: | Göksal Selahatdin Kelten, Aslı Aybars |
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Format: | Article |
Language: | English |
Published: |
Mehmet Akif Ersoy University
2022-03-01
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Series: | Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi |
Subjects: | |
Online Access: | https://dergipark.org.tr/en/download/article-file/1327810 |
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