Empirical test of the black-scholes option pricing model on the Nikkei-225 futures options.
Goh, Wee Liam.
Teng, Albert Ann Boon.
Date of Issue1996
College of Business (Nanyang Business School)
Options provide investors with yet another means to manage their financial risks. Although the concept of options had its origins in ancient Greece and Rome, options trading was not widespread among the public until the introduction of exchange-traded options in the early 1970s which greatly enhanced their liquidity.
NANYANG TECHNOLOGICAL UNIVERSITY