查询词典 spread arbitrage

Finally the investment in the course of convertible bond investment is studied. There is evidence that the market behavior of convertible bonds is much better than the stocks and bonds. Owing to the inconsistency of the price change between the stock and the convertible bond, by analyzing the change of conversion premium rate, the arbitrage can be realized in incomplete market. But investors must bear the price risk due to the trade system.

最后论文对可转换债券投资过程中的投资活动进行了研究，实证发现可转换债券的市场表现优于债券和股票；同时基于股价与可转换债券价格的变化不一致性，通过分析可转换债券的转换溢价率的变化，在无卖空市场中同样可以进行套利，只是投资者要承担由于交易制度造成的价格风险。

Warren hollowed out around the events before and after, as the investigation deepens, the hollowed out section of Sichuan Golden Summit dusty history of the re-reduction: high-quality assets, withdraw its role; route through Chongqing International Trust and Investment; ancient pines of its people, Ka Wah matter; arbitrage chain buckle; Listing: feast or a nightmare?

围绕华伦掏空事件前后，随着调查的深入，一段四川金顶尘封的掏空史再度还原：优质资产金蝉脱壳；借道重庆国投；古松其人，嘉华其事；套利连环扣；上市：盛宴还是梦魇？

In this connection, the hollowing out a dusty history of Sichuan Golden Summit once again to restore the: high-quality assets, withdraw its role; route through Chongqing International Trust and Investment; ancient pines of its people, Ka Wah matter; arbitrage chain buckle; Listing: feast or a nightmare?

就此一段四川金顶尘封的掏空史再度还原：优质资产金蝉脱壳；借道重庆国投；古松其人，嘉华其事；套利连环扣；上市：盛宴还是梦魇？

Secondly, European option pricing problem is discussed when price of stocks follows geometric Brown motion and return of stocks follows Ornstein-Uhlenbeck process. Using Arbitrage-free principle, we give a partial differential equation with which option price is satisfied and using Fourier inverse transformation, the closed-form solution to European Call option pricing formula is given.

其次，讨论了股票价格服从几何布朗运动，股票收益服从Ornstein-Uhlenbeck 过程的欧式期权定价问题，利用无套利原理给出了期权价格满足的偏微分方程，并运用傅立叶逆变换，求出了欧式看涨期权定价公式的封闭解。

Later selected ｀HIDE＇ under arbitrage mode, all arbitrages worse than 98 will be hidden

藏， Hide＇，比98差的所有的价差将在运用中从视野中被隐藏起。

Meanwhile , because of the existence of arbitrage , the market flowability is greatly boosted and the hedgers have enough market capability to realize their dealing intentions .

同时，由于套利交易的存在，使得市场流动性大大增强，套期保值者有了足够的市场容量来实现他的交易目的。

However, once the Hong Kong launch of A50 Index Futures, the plate and two AH shares to the overall relationship between the stock market there will be a fundamental change, because A50 index futures arbitrage provided new tools and platforms, to circumvent the mainland do not have this product brought about by market imperfections.

但是，一旦香港A50指数期货的推出，阿板和两个股之间的整体关系股市会有根本的改变，因为A50指数期货的套利提供了新的工具和平台，以规避大陆不本产品所带来的市场缺陷。

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。

The teacher likes the honeymouthed little girl very much.

老师很喜欢这个嘴甜的小姑娘。

Mr. Notker Bien's interests are traveling, spending quality time with the family and long-distance-running.

诺特卡·柏恩先生热爱旅游，长跑，以及和家人一起共度美好时光。