查询词典 traders

First of all, the evolutionary game model of this system is built, according to a population and determinately dynamic function in evolutionary game theory, and quilibrium structure and effect factors of the evolutionary system are analyzed. Next, the evolution quilibrium characteristics of investor behaviors in China's securities market are researched as a demonstration, and the reasons why noise traders become popular in the process of investor behavior evolution are explained, based on its evolutionary mechanism. Moreover, the influences of investor behavior evolution on share market's fluctuation are researched through setting up its noise trade model. When noise traders are dominant in securities market, price discovery function and resource configuration effect are also analyzed. Finally, when noise trade become popular, the shortage of some policies, such as, enlarging institution investor and short sale is explained, and some good suggestions are provided according to former research results.

首先，应用进化博弈论中的单群体确定性模仿者动态方程建立证券投资者行为的进化博弈模型，并对进化系统的均衡结构特征及其影响因素进行分析；其次，根据我国证券市场实际，对我国证券投资者行为进化的均衡结构进行实证分析，并从投资者行为进化的角度，解释我国证券投资者行为进化为噪声交易主导市场的原因；然后，通过建立股市波动的噪声交易模型，研究投资者行为的进化对股市波动的影响，并进一步分析我国噪声交易主导市场时对市场价格发现和资源配置功能的影响；最后，根据理论及实证的研究成果，分析噪声交易主导市场时大力发展机构投资者等制度作用的有限性，并进一步提出我国证券市场相机治理的政策建议。

It is an increasing function of the proportion of informed traders and increases with the decentralization of the traders' opinion.

更多增大会提高信息收敛速度，并且交易者的看法越集中，私有信息的揭示也越快。

The market is driven by short-term traders,' says Mr. Longo.'The traders think they can be nimble and jump on the bandwagon.

他说，市场是由短线交易员推动的，交易员们认为，他们可以灵活地把握好时机。

Many of the early French fur traders and some English traders married First Nations women. Their children and descendants are the Metis people.

很多早期的法国皮革商及有些英国商人与第壹民族的妇人结婚，他们的孩子及后裔便是美地人。

The results are consistent with the interpretation that positive intangible information tends to trigger institutional herding on the buy side.3. The securities Investment Funds act as momentum traders in bear market while as contrariant traders in bull market. Further analysis reveals that momentum trading by investment funds intensifies stock return momentum but stock price experiences a long-term reversal. It indicates return momentum results from mispricing instead of risk. The securities Investment Funds hamper market efficiency when they act as momentum traders.4 Both momentum trading and herding behavior intensify market anomalies and hamper market efficiency. However, momentum trading or herding behavior is the only one of the many aspects of the institutional investor.

第三，机构投资者的动量交易行为会加重了股票收益惯性，这一结论在分别控制股票规模、账面市值比因素后仍成立，并且机构投资者对股票的动量交易行为越强烈，股票收益的惯性也越明显，说明机构投资者具有影响股票价格的能力；进一步的分析表明，惯性利润在长期均实现反转，但反转的周期和程度受动量交易指标值的影响，股票动量交易程度越高，动量收益反转越强烈，反转周期越短，这表明机构投资者的动量交易行为使股价严重偏离其基础价值，在长期，股票价格不断调整逐渐靠近其基础价值，因此可以说，机构投资者对股票的动量交易行为会加重股票收益惯性和阻碍市场效率。

The market never went to the level at which the base import price of crude palm oil has been fixed...Traders and refineries will definitely prefer importing more soy oil than palm oil, said Sandeep Bajoria, president of the Central Organization of Oil Industry and Trade, a group of domestic edible oils manufacturers and traders.

毛棕榈油的市场价格从未达到过其进口基价的水平……贸易商和炼油油商肯定希望进口更多豆油，而不是棕榈油，中央油产业贸易组织（一家国内食用油厂商及贸易商团体）总裁赛迪普伯杰拉说。

New traders come into the market with their own unique ideas of what is high and what is low, and other traders leave.

新的交易者进入市场，他们对高低的看法是独特的，其他交易者离开了。

And Steel Association in a survey with the departments concerned, the majority of steel mills and traders are denied the "anti-mining" behavior, and through the mill ore traders to buy stock based on concerns about the channels, there is no issue of iron ore to steel Society proof of the purchase price.

而中钢协与有关部门的调查显示，大部分钢厂与贸易商均否认&倒矿&行为，而通过贸易商购矿的钢厂出于对进货渠道的担忧，没有向钢协出具铁矿石进货价格证明。

The name of "Teddy Bar",a place where you can eat,drink and sociality in the great tradition of resting place for traders as in the small old town. A warm welcome,a secure stopping place and opportunity to talk ,relax and drink with friends and fellow traders is still all-important.

&泰蒂熊餐吧&是容入'餐厅+lounge'概念的复合式餐吧，在这里，您可以享受到14家厨房提供的中外美食，在舒适的沙发上畅享下午茶，还可以在繁忙工作一天之后享受美妙的夜晚，美美的来这里喝上一杯。

The rich tended to have more children who survived than their poorer compatriots and this led to a kind of downward mobility as sons of merchants became small traders, sons of traders became craftsmen and so on.

相对于穷人同胞，富人倾向于拥有更多的孩子。这种行为导致下向流动--当商人的儿子成为小交易商，小交易商的儿子成为手工匠。

Breath, muscle contraction of the buttocks; arch body, as far as possible to hold his head, right leg straight towards the ceiling (peg-leg knee in order to avoid muscle tension).

呼气，收缩臀部肌肉；拱起身体，尽量抬起头来，右腿伸直朝向天花板（膝微屈，以避免肌肉紧张）。

The cost of moving grain food products was unchanged from May, but year over year are up 8%.

粮食产品的运输费用与5月份相比没有变化，但却比去年同期高8％。