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Author

Shalu Kalra

Bio: Shalu Kalra is an academic researcher. The author has contributed to research in topic(s): Liquidity crisis & Market liquidity. The author has an hindex of 1, co-authored 1 publication(s) receiving 1 citation(s).

Papers
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Journal ArticleDOI
01 Jul 2014
Abstract: Liquidity is an important factor for smooth trading for all assets including equities traded in the stock markets. Stock exchanges enable buyers and sellers to come together for transaction and in ...

1 citations


Cited by
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Journal ArticleDOI
31 Mar 2019
Abstract: In this paper, we analyze the effects of derivatives of the Vietnam Ho Chi Minh (VN) Stock Index and VN30 futures contract for the underlying stock markets. We use the data taken from daily transactions in the market so that the research results will be more objective and more accurate. Specifically, we apply the Exponential Generalized Autoregressive Conditional Heteroscedastic (EGARCH) model to analyze the data. The results illustrate that the occurrence of leverage effects in the profitability of VN30 and VN stock indexes and the liquidity of futures contract transactions have increased over time. The main contribution of this paper is that it is possible to predict the growth trend of derivative securities to make appropriate recommendations for investors. However, the evidence still has some limitations since it only assesses the impact of futures contracts during the specific time, which is the period of instruments that have just appeared.

4 citations