查询词典 arbitrage

A quantum signature protocol based on quantum one-time pad and quantum key distribution was presented, in which the arbitrage didn't participate in.

基于量子一次一密和量子密钥分配，提出了一种在签名及验证过程中没有仲裁参与操作的量子签名协议。

Said the so-called "reverse-arbitrage" refers to: the New Deal as a result of the valuation of the net after the implementation of the Fund have been adjusted, and when the bear market in stocks resume trading after suspension consecutive limit of the share price lower than the index of income method of valuation estimated price trends, in a public notice prior to conversion, the base of the public can redeem the fund after the conversion to avoid a further decline in net losses.

说，所谓的&反向套利&是指：新政作为净价值后，基金的执行情况进行了调整，结果，当熊市在股票停牌后恢复的股价比收入较低的估价方法指数连续限制交易价格趋势，估计在公告中，转换之前，市民的基地可以在转换后赎回基金，以避免进一步下降净损失。

In Chapter 2, basing on the overview of the available literature, I sift the extant explanatory theories and empirical evidences for bank to securitize, and divide the motivations of asset securitization into seven reasons: increasing liquidity, regulatory capital arbitrage, saving funding cost, bank risk management, improving management efficiency, resolving information asymmetries, optimizing capital structure.

在第2章中，基于相关文献的综述，本文对资产证券化已有的解释理论和经验结果进行全面梳理，将银行资产证券化的直接动因归纳整理成七种：增加流动性动因、监管资本套利动因、降低融资成本动因、银行风险管理动因、改善管理效率动因、解决信息不对称动因和优化资本结构动因。

Based on the analysis of the deficiencies of MM58 arbitrage demonstration, this paper reconsiders the alternative formulations of arbitraging and redes...

因此本文将在分析MM58套利论证不足的基础上，重新考虑套利论证的有关公式，设计出符合套利要求的套利论证模型

An economic theory that determines prices of assets and the associated risk premia for each kind of pervasive risk assets face, on the assumption that the expected return of an arbitrage portfolio is zero.

一种经济理论，在假设套利资产组合的预期收益为零的条件下，确定资产价格及每种具有普遍性风险的资产所面临的相关风险溢价。

Therefore, the use of proceeds of law index fund re-valuation, market participants have been worried about a possible resumption of its behavior may lead to arbitrage: In accordance with the provisions of the reorganization of listed companies resume trading day Price Limits, Assuming the stock resume trading day limit, as long as the pre-estimation of its sharp decline in more than 10% of the Fund to estimate the net value of the day there will be upward, ahead of an ambush investors sold stock to resume trading day fund could be boon.

因此，法律的指数基金收益再利用价值，市场人士一直担心其行为可能恢复可能导致套利：按照上市公司资产重组的规定复牌日涨跌幅限制，假设股票恢复交易日的限制，只要预先在超过10％的资金急剧下降的估计估计当天将有上升的净值，埋伏前投资者抛售股票恢复交易日的基金可以提供方便。

Similarly, current deals with pariahs Sudan and Iran represent a sort of diplomatic arbitrage.

同样，中国目前与不受国际社会欢迎的苏丹和伊朗签署的协议，代表着某种外交套利。

The first chapter of the thesis topics background analysis, a comprehensive grasp of the relevant literature, in-depth study of the question for laid a solid foundation; Chapter II from the perspective of China"s securities market, in-depth study of the volatility in the securities markets; Chapter III from Marcovitz portfolio theory, the capital asset pricing model and the arbitrage pricing theory systematic comparison, in-depth study of the International Securities Market Association theoretical basis, and then focus on the quantitative study of China"s emerging stock markets and the relevance of the surrounding market; this chapter use GARCH model family, pulse function, VAR model, market-related parameters , a smooth test, cointegration test, Granger causality test methods measure the volatility in the securities markets and the correlation with the degree of peripheral markets; Chapter IV in the face of China"s securities market volatility and market linkages with neighboring under the influence of the Chinese securities market from the current state of development of expounding China"s Permit Certificates of inevitability of the international market, Chinas securities market and to avoid the risk of the corresponding policy recommendations.

第一章系统分析论文的选题背景，全面掌握了相关的文献，为深入研究本问题奠定了坚实的基础；第二章从我国股票市场自身角度出发，深入研究我国股票市场的波动特性；第三章从马科维茨资产组合理论出发，对资本资产定价模型和套利定价理论进行系统比较分析，深入探讨了国际股票市场关联的理论，随后着重定量研究了我国新兴股票市场与周边市场的关联性；本章使用市场相关参数、平稳性检验、协整检验、Granger因果检验等计量方法测度了我国股票市场波动及与周边市场的关联程度；第四章基于我国股票市场波动及与周边市场的关联影响，从我国股票市场目前发展状况出发，阐述了我国股票市场国际化的必然性，并为我国股票市场的风险规避提出了相应的政策建议。

Comments: Although in the short term lead to painful long term, however, the New Deal as a result of the valuation takes into account the shares resume trading after suspension补跌or补涨the risks and benefits, so that the net value of fund units no longer High or low appears empty, thus avoiding a bull market, investors compete requisitioners arbitrage, a bear market in the early redemption of the phenomenon of competition is conducive to the fund industry's long-term healthy development.

评论：在短期内导致虽然长期的痛苦，但是，作为估值新政已考虑到该股票恢复交易后停牌补跌或补涨的风险和利益，因此，该基金单位净值已不再高或低，显示为空，从而避免牛市，投资者申购套利的竞争，在竞争的现象，提前赎回熊市，有利于基金业的长期健康发展。

Secondly, in the fourth section, the three-branch utility indifference pricing models in the multiperiod securities markets,two-period pricing models when existent non-tradable assets and one of special mix models are studied.At the same time, analyse and compare the result of the special mix models.In particular,this paper obtain that the utility indifference pricing is same to the no-arbitrage pricing,thus it prove the paper conclusion accuracy in the certain degree.

其次，在本文的第四章中，研究多时段三叉树效用无差别定价模型以及存在不可交易资产的二期定价模型；研究了一类特殊混合定价模型，并对这些定价结果进行了分析，在特殊情况下，得到的效用无差别定价与无套利定价是相同的，从而，在一定程度上反映了本文结论的正确性。

Aquatic or marsh-growing fern allies; known to have existed since the Cenozoic; sometimes included in Lycopodiales.

生活于水中或湿地的蕨类；从新生代生存至今；有时归于石松目之中。

The engine was uprated from a 90hp Franklin to a 125hp Lycoming.

改良过的引擎是从90hp到125hp莱康明富兰克林。