The Introduction of Derivative Market Manipulation Part II¶
Bibliographic record. Follow the original-source link for the publication.
| Field | Value |
|---|---|
| Primary domain | Microstructure |
| Other domains | Lifecycle Infrastructure |
| Methods | — |
| Facets | — |
| Authors | Pei-Fang Hsieh |
| Published | 2025-01 |
| Source | JPX Futures and Options Reports |
| Identifiers | jpx-full-text-en:vol8, jpx-futures-options-report:vol8 |
| URL | Open original source |
Editorial synthesis¶
Why it matters¶
The report introduces two studies on TAIEX derivatives—settlement-price manipulation and potential spoofing—making it a useful entry point for expiry settlement, cross-market positions, and order-book surveillance. (abstract:S1, abstract:S2, abstract:S3)
Main author claims¶
- The author states that the first study concerns settlement-price manipulation in TAIEX futures and options. (
abstract:S1,abstract:S2) - The author states that the second study examines potential spoofing using comprehensive TAIEX options and futures order and transaction data. (
abstract:S1,abstract:S3)
Data, method, or discussion scope¶
The abstract identifies the two studies summarized by the report and their market questions: settlement-price manipulation in TAIEX futures and options, and potential spoofing studied with order and transaction data; it omits sample dates, identification, effect sizes, and uncertainty. (abstract:S1, abstract:S2, abstract:S3)
Main limitations¶
This JPX report is an official introduction to two related studies by the author, not an independent JPX replication or validation. Its use of potential manipulation does not establish unlawful conduct, and the abstract does not provide the full tests needed to distinguish spoofing from liquidity provision or ordinary order revision. (abstract:S1, abstract:S2, abstract:S3)
Relationships¶
- None recorded.