Stock index futures pricing
A contract for stock index futures is based on the level of a particular stock All stock index futures contracts have a value equal to their price multiplied by a Futures contracts on stock indices are subject to imperfect arbitrage-based pricing when the spot "good" is not an easily held portfolio. This dissertation explores The HSI is a market capitalisation-weighted index (shares outstanding multiplied by stock price) of the constituent stocks. The influence of each stock on the