A Survey on Physical Delivery Versus Cash Settlement in Futures Contracts

A futures contract may adopt physical delivery or cash settlement to liquidate open positions after the maturity day. While traditionally physical delivery specification is favored, exchanges have recently turned to examine cash settlement possibilities. This paper summarizes current literature on s...

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Bibliographic Details
Main Authors: LIEN, Donald, TSE, Yiu Kuen
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2006
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/454
https://ink.library.smu.edu.sg/context/soe_research/article/1453/viewcontent/Survey_on_Physical_Delivery_Versus_Cash_Settlement_pp.pdf
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Institution: Singapore Management University
Language: English
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