01
Original Article
Open Access
Stock Index Arbitrage in the Turkish Market
Ronald T. Slivka, Canel Biryol
· pp. 7–18
DOI: 10.17010/ijf/2015/v9i11/81101
For the first time in the Turkish stock market, the width of the zero arbitrage band for BIST 30 stock index arbitrage was measured and decomposed into distinct contributions arising from commissions, fees, bid/offer spreads, and stock loan costs. Intraday …
Keywords:
Index Arbitrage, Futures, Turkey, BIST 30
02
Original Article
Open Access
Does the Pre-Open Auction Market Improve Efficiency of Price Discovery in Stock Markets? Evidence from India
Gagan Deep Sharma, Mansi Gupta
· pp. 19–32
DOI: 10.17010/ijf/2015/v9i11/81127
The paper analyzed the impact of opening call auction on the efficiency of price discovery at the National Stock Exchange (NSE), India by studying the returns and volatility behavior of one benchmark index (NSE's Nifty) and 10 Nifty component companies …
Keywords:
Efficiency of Price Discovery, Pre-Open Call Auction, One-Way ANOVA, Augmented Dickey-Fuller Unit-Root Test, ARCH-GARCH
03
Original Article
Open Access
Awareness of Savings and Investment Options in Z Category Cities of India: A Study with Reference to Vellore City
Seetha Ram Vedantam, Sriram G.
· pp. 33–44
DOI: 10.17010/ijf/2015/v9i11/81129
Domestic savings of a nation determine the strength of an economy. Over a decade, savings behaviour of individuals in small cities and towns has influenced the gross domestic savings of nations across the globe. This changing savings pattern has an …
Keywords:
Gross Domestic Product, Gross Domestic Savings, Savings, Investment, Z Category City
04
Original Article
Open Access
Microfinance in Eastern India: The Role Played by Regional Rural Banks
Sulagna Das, B. C. M. Patnaik
· pp. 45–59
DOI: 10.17010/ijf/2015/v9i11/81133
The present paper studied the microfinance status of the regional rural banks of Eastern India, which included the states of Bihar, Jharkhand, Odisha, and West Bengal for 3 years. The study was based on secondary data. To study made a …
Keywords:
Microfinance, Outstanding Loan, Non-Performing Assets