价差分解是金融市场微观结构理论研究的重要问题。
The decomposition of bid-ask spread is an important problem in financial microstructure theory.
金融市场微观结构理论研究的基本问题是市场交易机制与资产的价格形成问题。
The fundamental research of financial market microstructure theories is the market transaction mechanism and the assets price forming.
在金融市场微观结构理论分析框架下,交易机制的变革以市场质量为评判基准。
The quality of financial market performs the evaluation index function under the micro-structure theory.
市场微观结构理论的研究主要集中于证券交易价格形成与发现的过程与运作机制。
Researches in the market microstructure focus on the processes of discovering the trading prices and the operating mechanisms of the trading prices.
市场微观结构理论认为,以指令差额衡量的买卖双方的力量对比会影响价格形成。
According to market microstructure theory, the buyer-seller power contrast, which is measured by order imbalance, can affect the formation of stock price.
金融市场微观结构理论和行为金融学的兴起引起了人们对证券市场羊群效应的广泛关注。
The emergence of the theory of financial market micro-setup and behavior-finance has aroused extensive focus on the herd effect in securities market.
从传统的金融市场微观结构理论出发,通过间接的方式分析了非对称信息对资产价格的影响。
Based on the traditional market microstructure theories, the impact of asymmetric information on asset price is analyzed indirectly.
第三部分:从金融市场微观结构理论出发,通过直接的方式分析了非对称信息对资产价格的影响。
The third part: Based on the market microstructure theories, the impact of asymmetric information on asset price is analyzed directly.
研究指令驱动市场连续竞价阶段的限价指令簿特征是金融市场微观结构理论的一个重要组成部分。
Research on the features of limit order books under continuous double auction mechanism in the order-driven market is an important field of financial market microstructure theory.
本文首先回顾了近代汇率行为描述与预测的理论基础,然后详细阐述了近年来新兴的外汇市场微观结构理论。
The paper reviews the development of the exchange rate system and its mutually research, then elaborates the new exchange rate micro-structure theories, which has been developed in the last few years.
金融市场微观结构理论强调证券市场的组织以及作为市场行为重要决定因素的交易制度对股票价格的重要性。
The financial microcosmic structure theory emphasizes that the organization of securities market and the trading mechanism are important to stock price.
金融市场微观结构理论已成为当今金融研究领域的一个热点之一,是从微观的角度去研究金融市场的特性和内在规律。
Financial market microstructure theory, which is to research the characteristics and internal rules of the financial market, has become one of the focus issues in the research of financial field.
本文以金融市场微观结构理论为基础,通过将时间窗口缩小来研究中国股市的交易量、收益率和收益率波动的变化特征。
Based on the market microstructure theory, this paper studies on the character of trading volume return and return volatility in China stock market through narrowing the time window.
本文将金融市场微观结构理论用于资产价格发现的研究,分析了非对称信息在资产价格发现过程中的作用,并进行了实证检验。
This paper examines the implication of market microstructure theories for price discovery, and studies the role of asymmetric information in price discovery both theoretically and empirically.
而流动性,波动性始终贯穿整个市场微观结构理论,更是被用来设计市场结构及评价一个市场结构是成熟,稳定而采用的广泛标准。
And the liquidity, volatility, which run through the entire market microstructure theory, are used to design the market structure and evaluate whether the market structure is perfect.
文章运用市场微观结构理论论述我国金币市场的运行机制,主要阐述我国金币市场结构及交易机制,分析我国金币市场运作的特殊性。
This study USES microstructure theory to analyze the operating and transaction mechanism of gold coin market in China and the speciality of its gold coin market operation.
本文在金融市场微观结构理论和公司金融理论的基础上,把股票流动性与公司资本结构联系起来,深入探讨两者之间互相影响的关系。
Based on theory of financial market microstructure and theory of corporate finance, we links stock liquidity with firm's capital structure to investigate their bidirectional relationship.
对证券市场微观结构的研究多集中在模型的解释和应用方面,而对其理论产生的原因、背景和学术渊源等内在逻辑却少有关注。
Much research of the security market microstructure concentrates on the hermeneutic and the application of the models, not as to the problems such as reasons, backgrounds and academic origins.
有效市场理论忽略了市场机制等市场微观结构因素在定价和价格变化方面所起的作用。
Effective market Hypothesis ignores the effect of market microstructure on asset pricing and price variation.
遵循上述基本思路,本文按逻辑结构分为四章:第一章概述了当代外汇市场的基本特点,并从微观经济理论出发讨论了外汇市场效率的涵义及评价标准。
Following preceding logic, this paper is in four chapters:Chapter 1 gives a brief description of modern FX market, and thenbrings forward the definition and criterion of efficiency of FX market.
遵循上述基本思路,本文按逻辑结构分为四章:第一章概述了当代外汇市场的基本特点,并从微观经济理论出发讨论了外汇市场效率的涵义及评价标准。
Following preceding logic, this paper is in four chapters:Chapter 1 gives a brief description of modern FX market, and thenbrings forward the definition and criterion of efficiency of FX market.
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