size changes at threshold prices may attract more trading activities of investors who would like to bet on short-term movement around threshold prices as long as their own estimate convinces them that

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market (McGuigan et. al., 2006) etc. Page 10/40 Literature Review (Cont) • Hamon, J. and Jacquillat, B. (1999) studies on the relationship between size of the company and its stock return. They find that

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comprehensively study the contract specification, i.e. category or type of underlying assets or variables, contract size/unit/multiplier, minimum price movement, daily price limit, last trading day, settlement day