우리나라 주가지수 선물시장의 특성과 미시구조 분석

• 영문명: An Analysis of the Characteristics and the Microstructure of Korean Stock Index Futures Markets
• 발행기관: 건국대학교 경제경영연구소
• 저자명: 오세경(Sekyung Oh)
• 간행물 정보: 『상경연구』제23권 제1호, 291~308쪽, 전체 18쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 1998.06.30

영문 초록

From the 3rd of May in 1996, stock index futures markets have opened and been operating in Korea. Since the 7th of July in 1997 when Korean stock index options markets were introduced, we are in fact opening an era of derivative commodities in Korea. Derivative commodities are hedging instruments to the investors who want to avoid risks but very risky instruments to the investors who speculate for big returns. Derivatives markets as one of several securities markets will show its own unique features so that we are interested in what behavior Korea stock index futures markets as the first and new derivative market in Korea will show. Using daily and intraday data of our stock index futures markets, this paper analyzes the characteristics and the microstructure of the markets and discusses problems and some recommendations for improving them.

목차

Ⅰ. 연구의 목적 및 내용

Ⅱ. 한국주가지수 선물시장의 특징

Ⅲ. 한국주가지수 선물시장의 미시구조분석

Ⅳ. 요약 및 정책적 시사점

참고문헌

Abstract