With a view to trade at discounts of closed-end funds,this paper tries to answer what is the character of the closed-end fund discount in Chinese market.
针对封闭式基金折价交易现象,本文解释我国封闭式基金折价交易的表现特征。
As a common phenomenon in the capital market,the discount of closed*Mend fund has been researched deeply in aboard,because the phenomenon can give a challenge to “the efficient market hypothesis” or can also support it.
封闭式证券投资基金折价交易作为一种普遍现象在西方受到深入的研究 ,因为其意义不仅在于解释为什么会存在折价 ,更重要是在于为捍卫或批判有效市场假说提供了检验的场所 ;同时也为验证到底有无“噪声交易者”提供了一个好机会。
The calculation of transaction cost should be defined by the ratio of transaction cost and transaction value so as to get the connections between transaction cost and transaction numbers.
交易成本的计量应以交易成本与交易价值的比值来界定 ,以此得出交易成本与交易次数之间的关系 ,从而为法律的经济分析提供一个可靠的基础。
Small and medium-sized commercial banks:active OTC trading in the making;
询价交易:中小商业银行渐入佳境
A daily bar chart plots each trading session' s high, low and settlement prices.
日条形图描绘了交易日的最高价、低价和交易价。
Neither side of the transaction disclosed the specific price of the deal.
交易双方并未透露具体的交易价格。
Property registration and property transfer system coverage remains incomplete and transaction values are not always accurately reported, if they are reported at all.
房地产登记和交易系统仍不完善，即使报告交易，交易价格也不准确。
On the Pricing of State-owned Assets in their Property Rights Trading;
国有资产在产权交易中的定价问题——产权交易招标转让方式下的交易价格分析及改进
Our trading market adheres to fair pricing and square dealings.
本交易市场合理作价，公平交易。
Exchange-traded Fund (ETF) Comparative Study of the Value of Investment;
交易所交易基金（ETF）投资价值比较研究
a business deal on a trivial scale.
价值不高的商业交易。
These stocks are away from the market.
这些股票不按市价交易。
minimum cash collections of sales prices at the transaction date
交易日售价的低收现额
Price too high business unfeasible
价格太高，交易困难。
fair pricing and square dealing
合理作价，公平交易
exchange rate differential
掉期交易中的汇价差额
share capital, dealing, prices
股本、 股票交易、 股票价格
block automation system (BAS)
巨额交易自动报价制度;巨额交易自动报价制度
(on the stock exchange) the price of the last transaction completed during a day's trading session.
（股票交易所）一天交易活动后的最后成交价格。
Liquidity Discount of Block Trading in China;
交易所大宗交易流动性折价研究——来自沪深交易所的经验证据
A transaction involving such merchandise.
折价贴换交易涉及到这样的商品的交易
