@article { , title = {Open interest, cross listing, and information shocks}, abstract = {This study examines the characteristics and behavior of the demand for hedging, proxied by open interest, for the cross-listed Euribor futures contract traded at Euronext-LIFFE and Eurex. The study is unique in its investigation of the simultaneous determinants of open interest in a cross-listed setting. It also assesses the impact of shocks on traders' demand for hedging and shows how the 9/11 terrorist attacks and the credit crunch influence the level of dependency between Euronext-LIFFE and Eurex. Differences of opinion, ECB Governing Council meetings, days of the week, contract maturity, illiquidity, and volatility are investigated as potential determinants of open interest. © 2010 Wiley Periodicals, Inc.}, doi = {10.1002/fut.20494}, eissn = {1096-9934}, issn = {0270-7314}, issue = {8}, journal = {Journal Of Futures Markets}, pages = {755-778}, publicationstatus = {Published}, publisher = {Wiley}, url = {https://hull-repository.worktribe.com/output/468440}, volume = {31}, keyword = {Business and Logistics, Economics and Econometrics, Accounting, General Business, Management and Accounting, Finance}, year = {2011}, author = {Rhodes, Mark and Aguenaou, Samir and Gwilym, Owain Ap} }