证券交易

In the meantime, american stock exchange trades hall business also trades move to new York stock exchange the hall is finished.

同时，美国证券交易所交易大厅业务也将转移到纽约证券交易所交易大厅完成。

Since the equity's price change is discrete when transacting, we use the cumulative link model to build transaction model. We get the conditional probability distribution of the change of equity's price.

而单笔交易中证券价格的变动为离散变量，本文采用积累线性模型为其建模，得到了在一定的交易方向和交易量下，证券价格变动的条件概率分布。

As margin financing business start-up, firms will melt out of funds and securities, with a stable interest income; On the other hand, margin financing transactions can be conducted in a certain extent, to enlarge the supply and demand of funds and securities and thus an active stock market transactions, which will also bring more brokerage commission income.

作为保证金融资业务的启动，公司将融出资金和证券，稳定的利息收入；另一方面，保证金融资，就可以进行交易在一定程度上，以扩大供应和需要的资金和证券，所以一个股市交易活跃，这也将带来更多的经纪佣金收入。

Some significative conclusions are founded out in the dissertation. The evolution of securities investor behaviors bears multi-equilibrium characteristics, namely, possibly converging to the equilibrium of complete value investment, or full noise trade, or coexistence of former two behaviors. And its evolution path and equilibrium are affected not only investor's payoff function and initial state of securities market, but expect error of noise traders, noise trade risk and so on.

通过研究发现，证券投资者行为的进化呈现出多重均衡的结构特征，既可能收敛于完全价值投资、也可能收敛于完全噪声交易、还可能收敛于价值投资和噪声交易共存的均衡点，而具体的路径选择和均衡不仅受到投资者的支付函数、证券市场初始状态的影响，而且与噪声交易者对风险资产收益的预测偏差、噪声交易者风险等因素有关。

Debon, according to Securities Data shows that the active transactions, as well as the Securities and Exchange raise the rate of stamp duty, stamp duty revenue in 2007 grew 11-fold to reach 200,500,000,000 yuan; in the first quarter of 2008 stamp duty revenues reached 59,700,000,000 yuan, year-on-year growth to continue 387.8 percent.

德邦，根据证券数据显示，活跃的交易，以及美国证券和交易提高印花税，税率在2007年收益率增长了11倍，达到2005.00亿元，在2008年印花税收入达第一季597.00亿元，按年增长百分之继续387.8。

Huatai Securities is the China Securities Regulatory Commission regulatory agencies of the first disclosure of customer transactions has not appropriated funds settlement, net capital of securities companies meet the requirements of the assessment by the China Securities Co., Ltd. integrity in accordance with international standards evaluation, credit ratings for Huatai Securities AA grade.

华泰证券是中国证监会机构监管部首次披露的没有挪用客户交易结算资金、净资本符合要求的证券公司之一，经中国诚信证券评估有限公司按国际评级标准测评，华泰证券信用等级为AA+级。

SSE trading information display, the day before to buy 5 seats are Biaohan style of death squads, Everbright Securities Ningbo to the liberation of South Total 26,797,200 yuan in the first place, followed by the letter of the country there are nine self-composed Road Shenzhen Securities, CITIC Securities News Road, Shenzhen, CITIC gold-chemical Yiwu Road, Guangzhou Guoxin Securities Dongfeng Road, and sold for the Top 5 are the seats in the body.

上证所交易信息显示，前一天买5个席位，是行刑队Biaohan作风，光大证券宁波南共2679.72万头解放人民币举行，由国家信后有9泰然路深圳证券，中信证券新闻路，中信金深圳，义乌市化工路，国信证券广州东风路，及出售的前5个席位中身体。

When the higher risk paper is trading at a higher than normal yield spread, the higher risk security is bought and the lower risk security sold; when the spread narrows, the trade is reversed.

当风险较高的票据以高于一般的收益率差价进行交易时，则购进风险较高的证券，售出风险较低的证券；当差价缩小时，交易则按相反方向进行。

The transfer price shall be negotiated by the transferor and transferee.

公司债券在证券交易所上市交易的，按照证券交易所的交易规则转让。

If the trustee finds that the QFII overbuys securities (the balance in the RMB special account of the QFII is not adequate to pay for the securities bought on the same day), it may, according to the relevant agreements, apply to the Clearing Corporation for non-trade transfer of the overbought securities from the securities account of the QFII to that of the appointed party, and transfer the equivalent capitals from the capital account of the appointed party to that of the trustee.

如果托管人发现合格投资者超买证券（人民币特殊账户的余额不足以支付合格投资者当日应付交收资金额），可以按照相关协议向结算公司提出申请将超买证券从合格投资者证券账户非交易过户到指定当事人证券账户，同时将相应资金从指定当事人资金账户划至托管人资金账户。

Do you know, i need you to come back

你知道吗，我需要你回来

Yang yinshu、Wang xiangsheng、Li decang,The first discovery of haemaphysalis conicinna.

1〕 杨银书，王祥生，李德昌。安徽省首次发现嗜群血蜱。