無票交易 的英文怎麼說
中文拼音 [wúpiàojiāoyì]
無票交易
英文
scripless trading- 無 : 無Ⅰ動詞(沒有) not have; there is not; be without Ⅱ名詞1 (沒有) nothing; nil 2 (姓氏) a surn...
- 票 : 名詞1 (作為憑證的紙片) ticket 2 (選票) ballot 3 (鈔票) bank note; bill 4 (強盜綁架去用做抵...
- 交 : Ⅰ動詞1 (把事物轉移給有關方面) hand over; give up; deliver 2 (到某一時辰或季節) reach (a cert...
- 易 : Ⅰ形容詞1. (容易) easy 2. (平和) amiable Ⅱ動詞1. (改變; 變換) change 2. (交換) exchange Ⅲ名詞(姓氏) a surname
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The result of this paper were : 1 ) the market mircrostructure of chinese stock is ' nt market maker, two - part stock can n ' t circulate and the scale of current stock is small, so, filling right effect make dividend event do n ' t diluate the price, the stock price could n ' t reach optimal price ; 2 ) the meanings of bid - ask speed in chinese has been changed, did n ' t reflect the real trade cost, only reflect the possible trade cost, contained desire of price popple, din n ' t belong absolute liquidity again ; 3 ) turnover rate is a liquidity ' s index, speculation ' s index too, which can explain one side of liquidity, but this index is defective in chinese stock market ; 4 ) martin index was decrescent when dividend event occurred, display the liquidity of stock was improved, so, the martin index is compatible index to measure chinese stock liquidity ; 5 ) stock dividend event affect the liquidity in the stock dividend day, stock dividend event can n ' t dividend event in the bulletin day ; 6 ) the quantity stock dividend and trend of stock market was significant factors that affect the liquidity
本研究的結論是: 1 )中國股票市場的微觀交易結構並不是採取做市商制度,且2 3的股票不能流通,流通股規模很小,存在著股票股利事件后的快速「填權」效應,使股票價格快速回升,股票股利發放事件的稀釋價格作用無法發揮,也就無法達到「最適價格」 ; 2 )中國股市的買賣價差的含義發生了變化,不再是實際交易成本的反映,只是可能交易成本的反映,因而很大程度上代表了股價的波動意願,並不具有完全意義上的流動性含義。 3 )就換手率而言,它既是流動性的衡量指標,也是最常用的衡量投機性的指標。換手率指標只能說明流動性的一個側面,在中國衡量流動性是有缺陷的。Under section 27 a conveyance of immovable property or a transfer of hong kong stock made for a consideration which is in the opinion of the collector inadequate shall, notwithstanding that the transaction is at arm s length and in good faith, be deemed to be a voluntary disposition inter vivos i. e. a gift
根據印花稅條例第27 4條的規定,如印花稅署署長認為不動產轉易契或香港股票轉讓書的代價不足時,則雖然該買賣是基於公平交易及良好的意圖來訂立,仍會被當作是生者之間的無償產權處置即一項饋贈。Under section 27 ( 4 ) a conveyance of immovable property or a transfer of hong kong stock made for a consideration which is in the opinion of the collector inadequate shall, notwithstanding that the transaction is at arm s length and in good faith, be deemed to be a voluntary disposition inter vivos ( i. e. a gift )
根據《印花稅條例》第27 ( 4 )條的規定,如印花稅署署長認為不動產轉易契或香港股票轉讓書的代價不足時,則雖然該買賣是基於公平交易及良好的意圖來訂立,仍會被當作是生者之間的無償產權處置(即一項饋贈) 。Concretely speaking, the stock of listed company, because of its existence free of paper and the electrical trade style, should be registered at the stock exchange and on the register of members ; to the stocks of non - listed company, if they are order stocks, they should be transferred to the pledger with endorsement and also be registered on the register members ; if non - order stocks, they should be transferred to the pledger directly. another one is how t o optimize the register member. the third part expounds the legal effects
因此對有限公司股權質押而言,應移轉股單于質權人佔有;對股份公司股票因其是否上市而不同,對上市公司股票因其存在形式的無紙化及交易的電子化而且是記名性股票,所以需要在法定的證券交易場所和公司股東名冊上進行設質登記;對于非上市公司的股票因其以紙面形式存在,如果是記名股票則需要在股票上進行背書並移轉于質權人佔有,以及在公司股東名冊上進行質押登記;如是無記名股票,則需在證券交易所將股票交付質權人佔有。Stock index futures pricing by no - arbitrage theory and an actual no - arbitrage mathematical model of stock index futures was given in this dissertation, arbitrager should find out whether there are some opportunities according to their arbitrage cost. to get a maximal income they should use transformative arbitrage strategy flexibly which was given in the dissertation
本文基於無套利理論對股票指數期貨進行定價,給出了股票指數期貨實際的無套利數學模型,根據該模型可得出:套利者應該根據自身的套利成本判斷是否有套利機會,在進行套利交易時應該靈活地運用本文給出的套利交易的變形策略,使套利交易收益更高。Article 146 assignment of bearer share certificates takes effect upon delivery thereof by the shareholder to the assignee at a lawfully established securities exchange
第一百四十六條:無記名股票的轉讓,由股東在依法設立的證券交易場所將該股票交付給受讓人後即發生轉讓的效力。In segmented capital markets, the law of one price doesn ’ t work. it is found that the foreign class shares typically sell at a premium in relative to the domestic class shares that can only be owned by the domestic investors in most emerging markets, but china is an exception, the chinese foreign class b - shares are traded at a discount relative to the domestic class a - shares. based on lots of relevant previous research, the thesis theoretically and empirically analyses the price difference between a and b share, trying to find out the influence factors of the price difference between a and b share
在存在中度和高度市場分割的國家,由於投資者無法通過市場間的套利行為來消除不同市場的證券價格差異,如果一家公司的股票在割裂的兩個市場同時上市,其價格並不滿足「一價定律」 :供國外投資者交易的「外資股」相對于供國內投資者交易的普通股票的價格肯定會出現溢價或折價,此即所謂的「市場分割下的外資股折溢價問題」 。The topic to set up a growth enterprise market is very popular now as the most important and tl1e most creationary economical resource of growth enterprise, intangible asset is adverted very often
開通創業板股票交易市場是目前國內證券界的熱門話題。作為創業企業最重要也最具價值的經濟資源,無形資產如何折股和交易同樣引起業界的關注。Indeed, where ownership is traded actively in markets and changes hands quickly, as in the case of the stocks and shares of listed companies, the existence of such pieces of paper evidencing ownership is a legal requirement
事實上,像上市公司在股市掛牌買賣,無論股票交投多活躍,股權易手多迅速,法律仍規定須有股票證書作為股東擁有權的憑證。Because lack more extensive investor to participate in, of legal person share current be restricted, cannot carry stock market more trade will reflect its real value
由於缺乏更廣泛的投資者參與,法人股的流通受到制約,更無法通過股票市場的交易來體現其真正的價值。The wap services include directory inquiry services, mobile internet email, as well as some transactional applications, namely, mobile banking and stock trading
無線應用系統規約的服務計有目錄查詢流動電子郵件及部分商貿交易,例如:電子銀行服務及股票買賣。The precaution of the enterprise ' s non - note dealing and the countermeasure in the accounting calculation
企業無票據交易的防範及會計核算應對措施As a result, there will be no need to modify this system, as the resultant tickets will pick up the rtgs payment instruction text automatically
由於交易票據可自動接收即時支付結算指令的文字,因此路透公司無需修改此系統。Study suggests the main constraints of management buy - out : it ' s groundless to fix a price, the information published not confirm with regular standard, purchase procedure is not transparent, purchase action is not with market law, and also policy restriction. consequently, the paper put forward solutions to improve management buy - out : 1 ) the policy to evade the inside risk : the main way is to select suitable enterprises to develop management buy - out ; 2 ) to ensure the transparent and the market standard of the purchase procedure : the main point is to guarantee the justification of the purchase price, to strengthen the transparent of the information announcement ; 3 ) to consummate the mechanism of supervise government : which the work should be done in the supervise department of government ; 4 ) to emancipate the mind, decrease the government action in the enterprises purchasing ; 5 ) to care for the latter developing of the mbo, the purpose of mbo is to pursue the biggest profit of the enterprise ; 6 ) to consummate the environment of circulating necessary funds ; 7 ) to solve the funds and taxes problems of mbo, this is a better way to solve the problems of mbo
一是管理層收購定價方面的法律依據不足:二是信息披露不夠規范,現階段運作或已完成的mbo案例在進行信息披露時尤其是披露其資金來源時多諱莫如深,令投資者對其資金來源皆產生懷疑;三是收購程序不透明,歸根到底也是法律方面的不足,缺乏相關的公正的運作程序和政策保障;四是收購行為非市場化,我國的管理層收購結束之後往往僅僅是相對控股,股票繼續交易,所有者與經營者分離的問題並沒有從根本上得到解決,所有權與經營權相統一的目標沒有達到,這就可能造成大股東也就是內部人侵吞中小股東利益將更為便捷;五是融資渠道潰乏,主要是國家政策和法律的障礙限制了mbo的融資渠道;六是服務市場不夠發達,主要是中介市場缺乏高素質的專業人才,無法滿足客戶進行mbo的需要,從而限制了mbo在中國的運行;七是政策限制,主要對合法的收購主體的限制、收購規模的限制、收購時點的限制以及收購資金來源的限制。Its new stock exchange is struggling, with thin trading and few listings
新開張的股票交易市場徘徊不前,交易量萎靡不振,上市公司寥寥無幾。First, there is no specific parameter for quantization ; second, the effects of transaction fee are ignored ; third, because these models are equilibrium models, they can ’ t reveal many of the prosperities observed in empirical markets, such as fat - tails, long - range correlations in volatility, etc. in the process of i study financial economics, when the teacher xu jia - gen to speak the price of the stock market to visit the distance examination and the artificial intelligence models, i think, if mathematics combines with the calculator. ( i studied mathematics four years in the southwest normal university ). the stock market price exercise regulation will easily confidence
首先,沒有用具體的參數來量化股市的行為,其次,它們都忽略了交易費對股市的影響,第三,由於這些模型都是均衡模型,無法展示實際市場回報分佈的特點,諸如「肥尾」現象、集群波動等。在我學習金融經濟學的過程中,徐加根老師講到股票市場價格的遊程檢驗與人工智慧模型時,我想,如果數學與計算機的結合(在西南師范大學學習了四年數學) ,股票市場價格運動規律就容易把握了。After buys share suspends appearing on the market, the stock is frozen, cannot trade. how should change now
所購買的股票暫停上市后,股票凍結,無法交易該怎麼變現?This paper examines the effects of the mechanism - call auction mechanism and continuity mechanism by which securities are traded on their stock returns. firstly, we explain the relational concepts. later, under the market inefficiency hypothesis, we draw into the amihud & mendelson model of price adjustment. because the different market tradings have different assets and these assets are traded in different environments, hence it would be hard to discern differences resulting from the trading mechanism itself from differences due to dissimilarities of securities and environments. we offers to resolve this difficulty by comparing the stock returns in the opening transactions with the price behavior of the some stocks traded at the same exchange during the same period in the closing transactions
而後,在市場無效的假設前提下,我們引入了amihud和mendelson構建的帶有噪聲的偏調整模型。由於不同的市場交易有不同的證券,而且這些證券又處在不同的環境中交易,因而很難看出排除證券本身以及環境因素后,交易制度對股票價格行為的影響。因此,我們利用同一交易所交易的同一股票在盤整時期的開盤(開盤交易採用集合競價制度)和收盤(收盤價採用連續競價制度確定)數據來比較不同的交易制度對股票收益的影響。And whereas growth in share trading is constrained by the number of firms listed on exchanges, derivatives come in endless varieties
另一個原因是,股票交易額的增長會受到上市公司數量的限制,然而,衍生產品的種類卻是無窮無盡。Boom provides its trading members wireless access to boom s wap site, which offers a wealth of local and global information as well as access to boom s multiple market stock trading platform
Boom的交易會員可以無線連接boom的wap網站,重而獲得大量本地及環球資訊,並連接boom的復合市場股票交易平臺* 。分享友人