TY - JOUR AU - Baig, Ahmed S AU - Haroon, Omair AU - Sabah, Nasim PY - 2020/04/23 Y2 - 2024/03/29 TI - Price Clustering After the Introduction of Bitcoin Futures JF - Applied Finance Letters JA - AFL VL - 9 IS - SE - Articles submitted to regular issue DO - 10.24135/afl.v9i0.200 UR - https://ojs.aut.ac.nz/applied-finance-letters/article/view/200 SP - 36 - 42 AB - Economic theory suggests that introduction of derivative contracts can improve the informational efficiency of the underlying asset prices (Danthine, 1978). In this study, we examine the impact of the introduction of Bitcoin futures on price clustering in Bitcoin. Our findings suggest that price clustering in Bitcoin meaningfully decreases post the introduction of its futures contracts. ER -