Operation Model of the Equity Securities Transaction Business in Domestic Securities Companies Influence on Security Exchange of Raising Funds and Stocks

国内券商权益类证券 交易业务经营模式之探讨融资融券授信模式及其 对证券 市场影响

The deposit and loan interest rate control exchange rate floating range limit the capital flow control transaction cost risk premium and other factors all have an effect on the normal operation of the conduction mechanism between exchange rate and interest rate .

我国目前对存贷款利率的管制、汇率浮动幅度限制、对资本自由流动的管制、现实中存在的 交易成本和风险补偿等因素都影响了利率 汇率传导机制的正常运行。

If the database transaction log files are on the same disk as the exchange database it is possible that too many log files have accumulated .

如果数据库 事务日志文件与 exchange数据库 在同一磁盘 上，则可能累积太多日志文件。

The transaction involves the private and shell company exchanging information on each other negotiating the merger terms and signing a share exchange agreement .

交易中，私人企业及上市公司交换各自信息，协商兼并条件，签署股权 交换协议。

The empirical result shows that transaction cost has a significant influence on momentum returns if transaction cost can be controlled at a very small level momentum strategies can be applicable in our exchange market .

这个实证结果说明 交易成本 对动量收益的影响非常大，如果将交易成本控制在一个足够小的水平，动量策略在我国 外汇市场是非常适用的。