Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Articles Article Faculty Publications -Articles Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Do futures and options trading increase spot market volatility in India? the case of S&amp;P CNX Nifty Subject The topic of the resource Futures and options; GARCH-family models; India; Market depth; Market liquidity; Symmetric and asymmetric effects; Volatility Description An account of the resource The exponential generalised autoregressive conditional heteroscedasticity (EGARCH) model followed by standard GARCH (1, 1) model were employed to investigate the impact of introduction of futures and options trading on the volatility of the underlying spot market in India. The empirical analysis was conducted for the daily closing price returns of S&amp;P CNX Nifty spot index from 1st January, 1996 through 31st October, 2008. The empirical results reveal that the spot market volatility has been declined after the introduction of futures and options trading in India. Besides, the empirical results indicate that the impact of recent news has a greater impact on the spot market changes following the onset of futures/options trading. At the same time, the persistence of volatility shocks has been declined in the post-derivatives scenario indicating increased efficiency of the Indian spot market. Hence, the present study suggests that the introduction of futures and options trading have improved the speed and quality of information flowing in the spot market. This enhances the overall market depth, increases market liquidity and ultimately reduces informational asymmetries and therefore compresses spot market volatility in India. Copyright 2010 Inderscience Enterprises Ltd. Creator An entity primarily responsible for making the resource Srinivasan P. Source A related resource from which the described resource is derived International Journal of Business Performance and Supply Chain Modelling, Vol-2, No. 2, pp. 134-145. Publisher An entity responsible for making the resource available Inderscience Publishers Date A point or period of time associated with an event in the lifecycle of the resource 2010-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.1504/IJBPSCM.2010.036166" target="_blank" rel="noreferrer noopener">https://doi.org/10.1504/IJBPSCM.2010.036166</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85026676506&amp;doi=10.1504%2FIJBPSCM.2010.036166&amp;partnerID=40&amp;md5=2a00ad391a100cc06a59373be8b4e180" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85026676506&amp;doi=10.1504%2fIJBPSCM.2010.036166&amp;partnerID=40&amp;md5=2a00ad391a100cc06a59373be8b4e180</a> Rights Information about rights held in and over the resource Restricted Access Relation A related resource ISSN: 17589401 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Article Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Srinivasan P., Department of Economics, Christ University, Hosur Road, Bangalore, Karnataka, 560 029, India