证券交易

Auction is the one-way and competitive game. Alienator only offers the lowest price, while Consignee determine the acquisition price.

要约收购是一种典型的一对多的博奕，收购方决定单一价格，上市公司股东有选择权，而没有定价权；协议收购属于场外交易一对一的情况，通过谈判确定收购的最终价格；场内收购价格是证券交易所集中连续交易价格，收购者决定权为是否在当前价格收购；拍卖收购是是多对一、竞价形成、不完全单向的逆向收购行为，拍卖方提供收购底价权，多个竞价者通过竞价最终确定收购价格。

Has laws restricting bucket shop practices by limiting the ability of brokerage houses to create and trade certain types of over-the-counter securities.

圆桶公司有时被叫做"锅炉房"。美国法律严格限定圆桶公司做经纪业务的行为在建立和交易特定的柜台交易的证券产品上。

The accounting information is the concentrated reflection of listed companies. Its quality directly influences the effective degree of capital market, the disposition efficiency of social resources as well as the accounting information in the supply-demand balance process. At the same time, the full disclosure of accounting information may save the transaction cost because of reducing the degree of information asymmetry in the release and the transaction process in the stock market.

会计信息，是上市公司经营状况的集中反映，其质量的高低直接决定着资本市场的有效程度、社会资源的配置效率以及会计信息在供求方面平衡过程；同时，会计信息的充分披露，可因降低证券市场发行与交易过程中的信息不对称而节约交易成本。

It has developed systems for the London Stock Exchange to curb insider dealing by detecting out of the ordinary transactions by investors.

公司已经为伦敦证券交易所开发了一个通过发现投资者的超常规交易，限制内部交易的系统。

The NYES, housed in a large building on Wall Street, does the bulk of trading of listed securities.

纽约证券交易所设在华尔街的一个大楼里，上市的证券大部分在这里进行交易。

Especially in the Shanghai Stock Exchange on December 1 block trading platform, Haitong Securities price, or even as low as 7.65 yuan.

特别是在上海证券交易所12月1日大宗交易平台，海通证券价格，甚至高达七点六五元低。

In China, the upcoming trial in the margin business transactions, they are required to deposit as a pledge by investors from securities companies to borrow shares to sell, a prerequisite for selling investors securities account be true in the stock, short selling may not be first, and then borrowed.

在中国，在商业交易保证金即将来临的审判，他们必须存款作为投资者从证券公司股票质押借款出售，出售投资证券账户，一个先决条件，在股票的真正，卖空可能不是第一，然后借来的。

Then we study investors\' behavour in China by using the questionnaire method from three dimensions—investor\'s knowledge,psychology and behavior and from seven affecting factors—motive,securities investment Knowledge,awareness of risk,investment philosophy,trading,investment decision-making rule and investment performance.Aiming at these investment characteristics we examines the conservative bias and the reasons for the deviation from mental deviation from the emotional,social psychology and cognitive psychology deviation and from over-confidence,loss aversion,conservatism aversion, excessive fear of selective bias,selecting aversion,gambling psychology,self-attribution,the dependence on the policy bias and rapid money-making psychology.And we analyze investors\' several restrictive conditions during investment decision-making including information and knowledge constraints,psychological constraints,funds constraints and external conditions.

本文从全球股灾的教训及近年来我国证券投资者生存现状出发，从理论和实践两个角度论述了加强投资者教育以提高我国投资者在投资过程中的自我保护能力的重要性；采用调查问卷的方法，从投资者的知识、心理、行为三个构面，从入市动机、证券投资知识、风险意识、投资理念、交易行为、投资决策依据及投资业绩等七个影响因素来考察了我国投资者的投资行为；针对这些投资者的行为特征，从情感心理偏差、社会心理偏差和认知心理偏差三个构面，从过度自信、损失厌恶、保守性偏差、过度恐惧、选择性偏差、赌博心理与自我归因、对政策的依赖性偏差以及暴富心理等影响因素出发对我国投资者的认知偏差，以及产生这些偏差的原因进行了分析，探讨了投资者在投资决策时的几个约束条件，即信息约束、知识约束、心理约束、资金约束以及外部条件约束。

November 21 to 25 of the three trading days, Haitong Securities on a daily basis by hundreds of millions of selling shares closed at the limit, fell from 13.31 yuan to 9.7 yuan, although the price limit in a row, the market is still rare Cares about buying because the market is expected to pass the sea there is a larger space down, but the accident was a big deal of excitement, 31 pen during a big deal to the price of 14.35 yuan (20% of the market value in excess of) hundreds of millions of shares traded,"This is a typical" fool to buy ", it was a big deal for use of the benefits."

11月21日至25日三个交易日，海通证券每天的证券买卖股票收于数以亿计的极限，从一十三点三一元下降到9.7元，虽然连续价格上限，市场仍然是罕见的关怀在购买，因为市场预期通过海上有一个更大的空间下降，但事故是在什么大不了的14.35元的价格兴奋大问题，31笔（20过剩的市场价值％）股票的交易数以亿计，&这是一个典型的&傻子买&，现在是使用的好处一个大问题。&

The aushors promote some improved suggestion to the R F methods working in the present practice. These research will do good to the evaluation of the performance of the Fund manager, the formation of reasonable exchange price of the Fund, and to decreasing the speculation on fund exch...

该研究对于客观准确地评定基金管理人的行为，形成科学合理的投资基金的交易价格，抑制证券市场上对投资基金证券的过度投机行为，保护中小投资者利益，有较重要的现实意义

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。