The impact of futures trade on the informational efficiency of the U.S. REIT market

Abstract This study examines the impact of futures trading on market efficiency and price discovery in the U.S. real estate investment trusts (REITs) market. First, we present inconclusive evidence regarding efficiency improvement in the U.S. REIT spot market following the introduction of futures tr...

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Bibliographic Details
Main Authors: Kwangwon Ahn, Hanwool Jang, Minhyuk Jeong, Sungbin Sohn
Format: Article
Language:English
Published: SpringerOpen 2025-01-01
Series:Financial Innovation
Subjects:
Online Access:https://doi.org/10.1186/s40854-024-00715-2
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