Introduction of single stock futures has no impact on Karachi Stock Exchange volatility.
The study looked at how trading single stock futures affected the volatility of the Karachi Stock Exchange. They analyzed 24 companies to see if stock futures trading changed the level or pattern of volatility. They used F-test and GARCH(1,1) to measure volatility. The results showed that stock futures trading did not impact the overall volatility level, but it did change the structure of volatility on the stock market.