Research Article

Exchange traded contracts for difference: Design, pricing, and effects†

  1. Christine Brown1,*,
  2. Jonathan Dark2,
  3. Kevin Davis3

Article first published online: 13 JUL 2010

DOI: 10.1002/fut.20475

Issue

Journal of Futures Markets

Journal of Futures Markets

Volume 30, Issue 12, pages 1108–1149, December 2010

Additional Information

How to Cite

Brown, C., Dark, J. and Davis, K. (2010), Exchange traded contracts for difference: Design, pricing, and effects. J. Fut. Mark., 30: 1108–1149. doi: 10.1002/fut.20475

Author Information

  1. 1

    Department of Accounting and Finance, Monash University, Caulfield, Victoria, Australia

  2. 2

    Department of Finance, The University of Melbourne, Parkville, Victoria, Australia

  3. 3

    Department of Finance, The University of Melbourne, Parkville, Victoria, Australia and also at the Melbourne Centre for Financial Studies, Melbourne, Victoria, Australia

*Department of Accounting and Finance, Monash University, Caulfield, Victoria 3800, Australia

  1. †

    Data for this research were sourced from SIRCA (www.sirca.org.au). We are grateful to Ken Chapman of the ASX, Tamas Szabo of IG Markets, Cesario Mateus, and Gonul Colak for valuable comments on an earlier draft, to seminar participants at Strathclyde University, Melbourne University, and University of Canterbury, and participants at the FMA European Conference (Turin, June 2009), the Infiniti Conference (Dublin, June 2009), and Finsia-MCFS Banking and Finance Conference (September 2009). We are also grateful for valuable comments from Yiuman Tse (the discussant at the 20th Annual Asia Pacific Futures Symposium) and other participants at the symposium. (This work was completed while Brown was at the University of Melbourne.) We are responsible for any remaining errors.

Publication History

  1. Issue published online: 13 JUL 2010
  2. Article first published online: 13 JUL 2010
  3. Manuscript Received: MAY 2010
  4. Manuscript Accepted: MAY 2010

SEARCH

SEARCH BY CITATION

ARTICLE TOOLS

Get PDF (335K)

Options for accessing this content:

  • If you have access to this content through a society membership, please first log in to your society website.
  • If you would like institutional access to this content, please recommend the title to your librarian.
  • Login via other institutional login options http://onlinelibrary.wiley.com/login-options.
  • You can purchase online access to this Article for a 24-hour period (price varies by title)
    • If you already have a Wiley Online Library or Wiley InterScience user account: login above and proceed to purchase the article.
    • New Users: Please register, then proceed to purchase the article.

If your institution is a registered Wiley Online Library customer, you can log in under your institution's name to see our content. This access is provided by Shibboleth or Athens.

Type your institution's name in the box below. If your institution is a Wiley customer, it will appear in the list of suggested institutions.

Please register to:

  • Save publications, articles and searches
  • Get email alerts
  • Get all the benefits mentioned below!

Register now >

Get PDF (335K)