Financial Innovation

Table 1 Relation matrix with impact directions

From: A hybrid neuro fuzzy decision-making approach to the participants of derivatives market for fintech investors in emerging economies

	SPC	HDG	ARB	Possible impacts
SPC		0.599	0.401	SPC → HDG
HDG	0.600		0.400	HDG → SPC
ARB	0.400	0.600		ARB → HDG

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