Faith Chin - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T03:33:16+00:00Options Decimalization
https://www.bankofcanada.ca/2016/12/staff-working-paper-2016-57/
We document the outcome of an options decimalization pilot on Canada’s derivatives exchange. Decimalization improves measures of liquidity and price efficiency. The impact differs by the moneyness of an option and is greatest for out-of-the-money options.2016-12-13T15:04:23+00:00enOptions Decimalization2016-12-13Financial marketsFinancial system regulation and policiesMarket structure and pricingStaff Working Paper 2016-57https://www.bankofcanada.ca/wp-content/uploads/2016/12/swp2016-57.pdfOptions DecimalizationFaith ChinCorey GarriottDecember 2016GG1G14G2G20LL1L10