US derivatives exchanges are pinning their hopes on a product that has been illegal there for nearly two decades: single stock futures. These allow investors to take leveraged long- or short-positions on single stocks or on narrowly-based stock indexes. Canadian, UK and Hong Kong derivatives exchanges have all launched futures on US stocks in the past two years – with tepid results – seeking to grab market share before US lawmakers removed their prohibition on the instruments. US Congress fi
To continue reading...
If you have access through Open Athens you can login here