简介：This paper builds on the literature of the relationship between oil spot and futures prices from theNYNEX market, both in their means and in their conditional volatilities, to investigate whether the association islinear or not. The novelty of this work is based on intraday data from both markets.
简介：This paper builds on the literature of the relationship between oil spot and futures prices from theNYNEX market, both in their means and in their conditional volatilities, to investigate whether the association islinear or not. The novelty of this work is based on intraday data from both markets.