Arbitrage opportunities and feedback trading in emissions and energy markets
(2015)
Journal Article
Chau, F., Kuo, J., & Shi, Y. (2015). Arbitrage opportunities and feedback trading in emissions and energy markets. Journal of International Financial Markets, Institutions and Money, 36, 130-147. https://doi.org/10.1016/j.intfin.2015.02.002
This paper extends Sentana and Wadhwani (SW 1992) model to study the presence of feedback trading in emissions and energy markets and the extent to which such behaviour is linked to the level of arbitrage opportunities. Applying our augmented models... Read More about Arbitrage opportunities and feedback trading in emissions and energy markets.