Exchange Rates’ Effect on Spot and Futures Equity Index Markets: A Study on Borsa Istanbul
This paper examines the linkages between the foreign exchange rates, spot equity index and equity index futures. The study aims to investi-gate whether there is difference between the spot and futures markets in the scope of relation with the foreign exchange rates’ returns and which leads the other...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Istanbul Commerce University
2017-06-01
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| Series: | International Journal of Commerce and Finance |
| Online Access: | http://ijcf.ticaret.edu.tr/index.php/ijcf/article/view/33 |