Playing safe : the effectiveness of cross hedging Southeast Asian index futures to the Philippine Stock Exchange composite index

• Main Authors: Andallo, Lady Marian V., Celis, Maricon Grace B., Okuhara, Jeth Enrico P., Tumbaga, Erin Nadine C.
• Format: text
• Language: English
• Published: Animo Repository 2017
• Subjects: Stock exchanges > Philippines
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/9002
• Institution: De La Salle University

Cross hedging is when an investigator hedges its position by taking another good with similar price movements and utilize it to offset its original position. The Philippines, having no active derivatives exchange, does not provide a lot of alternatives to minimize risks when investing, particulalrly...