查询词典 trading market

In this paper, the author firstly introduced a gradual progress and development of the state-run land biding, combining the special supply-demand relationship of land, according to the characteristics of trading procedure of the land, analyzed the reason why the land bidding is adopted progressively. at the same time, announcing all sorts of questions that exist during the process of using , they show from three respects, some questions show in land system, some questions show in trading procedure, the others are ungentlemanly non market-oriented conduct.

本文首先针对国有土地招标这一出让方式的演进和发展，结合土地特殊的供求关系，根据土地招标出让方式的交易程序及特点，分析了土地招标这一方式逐步被采用的原因，同时从三个方面揭示了这一方式在应用的过程中存在的种种问题，一是在制度方面表现出来的问题，二是在招标流程方面表现出来的问题，三是存在一些非市场化的不正当行为问题。

We can found that China stock market is not completely weak effective by auto-correlation test, runs test, unit root test and variance ratio test. The TT-kyle model is derived from kyle model by adding weak effectiveness and irrational factor. This chapter describes impact of weak effectiveness and irrational factor on the trading volume and price. The fifth part analyses the relationship between the transaction duration and insider trading.

第四部分研究了市场有效性与内幕交易的关系，运用自相关性检验、游程检验、单位根检验、方差比检验等方法对我国证券市场的弱有效性进行验证，得出我国证券市场不完全弱有效的结论，在Kyle模型中加入弱有效性和非理性因素，提出了TT-kyle模型，分析弱有效性和非理性因素对内幕交易者的交易量和价格的影响，并提出了提高我国证券市场效率的相关对策建议。

This article includes the futures market pricing forwarding function into the expulsive expectation to anlysize the futures trading effect on the spot price, and the conclusion is that the spot price is more stable with the futures trading than without it.

本文在外推法的预期框架下引入期货市场的价格发送功能分析期货交易对现货价格稳定性的影响。得出的结论是在外推法预期下，期货交易起到了稳定现货价格的作用。

According to Fidessa, a provider of the technology that connects market participants to trading venues, the LSE's share of FTSE 100 stocks has slipped to 78 per cent since competition for trading in European shares was unleashed by the European Commission a year ago.

连接市场参与者与交易场所的技术提供商Fidessa表示，自一年前欧盟委员会将欧洲股票交易开放竞争以来，在富时100指数(FTSE 100)成分股的交易中，伦敦证交所占据的市场份额已下滑至78%。

Mix distribution hypnoses assume that the asset price movement and the trading volume are both determined by an unobservable flow of information; different pieces of information flowing into the security market will cause movements of both the trading volume and the price.

结果发现，与成熟的股票市场相比，中国股票价格波动的非对称性较弱，这可能是由于中国股票市场的特殊结构与贷款利率缺乏刚性所造成的。3，混合分布假说认为金融资产的收益和交易量是由一个潜在的不可观测的信息流变量共同决定的，信息流的冲击将同时产生收益和交易量的变动，即信息流是混合变量，日交易次数或交易量可以作为信息流的替代指标，所以交易量能够很好的解释价格波动性。

The market should spend a good portion of its time trading below fair value, to match the time it spends trading above fair value,' Mr. Inker adds.

印克还说，市场应该有相当长的时间是交易价格低于合理价值，以便和高于合理价值的时间相称。

The statistical test based on the Shanghai Composite Index suggested that certain technical trading rules should be able to gain stable excess profit in the long run, which could not be explained by nonsynchronous trading, transaction cost and time variation of expected returns. Thus, it can be concluded that the China's Stock Market is not weakly efficient.

对上证指数的统计检验说明一些技术分析规则可以带来长期、稳定的超额利润，而有效市场假定下的异步交易、交易成本和期望时变性都不能完全解释这种超额利润的存在，因此可以得出中国证券股票市场还没有达到弱态有效性的结论。

Unlike an actual perform ance record, simulated results do not represent actual trading Further since the trades have not actually been executed, the results may have under compensated or overcompensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight.

此外，由于投资人不会真正按图索骥，其交易的结果可能低于，也可能高于模拟的结果，如果发生了这些情况，那可能是受到了一些特定的市场因素影响，例如流动性的缺乏，没有人能保证每一次交易都能够获取与资料设想一样的利润和亏损。

Unlike an actual perform ance record, simulated results do not represent actual trading Further since the trades have not actually been executed, the results may have under compensated or overcompensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight.

此外，由於投资人不会真正按图索骥，其交易的结果可能低於，也可能高於模拟的结果，如果发生了这些情况，那可能是受到了一些特定的市场因素影响，例如流动性的缺乏，没有人能保证每一次交易都能够获取与资料设想一样的利润和亏损。

It is shown that the optimal design of CEA policy would not be influenced by the market structure of emissions trading system given a particular national emission cap. The amounts of emissions allowances allocated to firms for their early carbon abatements are the same under perfect and imperfect competitive emissions trading systems.

本研究结果显示，在给定相同的国家减量目标下，排放交易市场结构并不会影响CEA政策的制定，不论排放交易市场为完全竞争或不完全竞争，政府针对厂商每单位先期减量所核配之排放权应相同，但排放交易之均衡结果与效率则取决於交易市场结构。

I am accused of being overreligious," she said in her quiet, frank manner,"but that does not prevent me thinking the children very cruel who obstinately commit such suicide.""

客人们在卡罗利娜·埃凯家里，举止就文雅一些，因为卡罗利娜的母亲治家很严厉。

Designed by French fashion house Herm è s, this elegant uniform was manufactured in our home, Hong Kong, and was the first without a hat.

由著名品牌 Herm è s 设计，这件高贵的制服是香港本土制造，是我们第一套不配帽子的制服。