英文摘要 |
After the finance tsunami, many noise traders enters the futures market transaction, causes the trading market information environment change. This paper examines the impact of the financial tsunami on the stock and index futures market volatility. The findings of this research indicate that noise traders increase index futures and stock market volatility in the post- finance tsunami. Since such actions gives raise to the instability and the investment risk of investors in the transaction market. In the least the findings of this research can be used as an investing guideline for investors in the futures market. In addition, this study can act as a reference for government policies on the finance tsunami. |