完整後設資料紀錄
DC 欄位 | 值 | 語言 |
---|---|---|
dc.contributor.author | 章昇達 | en_US |
dc.contributor.author | 王克陸 | en_US |
dc.contributor.author | 蔡錦堂 | en_US |
dc.date.accessioned | 2014-12-12T02:15:03Z | - |
dc.date.available | 2014-12-12T02:15:03Z | - |
dc.date.issued | 2004 | en_US |
dc.identifier.uri | http://140.113.39.130/cdrfb3/record/nctu/#GT009139513 | en_US |
dc.identifier.uri | http://hdl.handle.net/11536/60324 | - |
dc.description.abstract | 吾人研究台指選擇權市場成立後,對於訊息交易者在股票市場、期貨市場的交易比例之改變。研究資料是取自台灣經濟新報,研究區間為分別為2001年到2003年同期的11月份。利用Easley , Kiefer , O'Hara (1996)的二市場研究模型,吾人再修改擴展到三市場的新模型方法,發現台指選擇權市場的成立,的確改變了原先在股票和期貨市場的訊息交易比例。結果顯示,訊息性交易者的交易行為符合所預期的。即對訊息交易者而言,衍生性金融市場的確比股票市場更具吸引力。另一方面,流動性交易者卻非吾人所預期的留在股票市場上交易。其在期貨和台指選擇權市場下單筆數亦為增加,而此交易行為使得這兩個市場的市場深度變好。 | zh_TW |
dc.description.abstract | My research is that after option market is established , the change of dealer's proportion of trade on the stock market , future market of information . Research data is taking from Taiwan economy new newspaper , and the time block from 2001 to 2003 in the same period of November respectively . Utilize Easley , Kiefer , O’Hara (1996) , the research model of two markets , and I revise and expend to three market new model , find that the research refers to the establishment of the market of option , have really originally changed the proportion of information trade in the stock and future market . Result show information trading activity of traders accord with anticipated . Namely as for information traders , the derivative financial market is really more attractive than the stock market . On the other hand , liquidity traders is not what I expect stay at the stock market trading . Because the trading behavior that the number of trading volume is also increasing in the future and option market , making the depth of two market becoming well . | en_US |
dc.language.iso | zh_TW | en_US |
dc.subject | 台指選擇權 | zh_TW |
dc.subject | 現貨市場 | zh_TW |
dc.subject | 期貨市場 | zh_TW |
dc.subject | 資訊交易者 | zh_TW |
dc.subject | 流動性交易者 | zh_TW |
dc.subject | 資訊不對稱 | zh_TW |
dc.subject | option market | en_US |
dc.subject | stock market | en_US |
dc.subject | future market | en_US |
dc.subject | informed trader | en_US |
dc.subject | liquidity trader | en_US |
dc.subject | adverse information | en_US |
dc.title | 台指選擇權對台灣現貨市場與現貨市場資訊不對稱的影響 | zh_TW |
dc.title | Taiwan Stock Index Option Market How To Influence The Adverse Information In Stock and Future market | en_US |
dc.type | Thesis | en_US |
dc.contributor.department | 財務金融研究所 | zh_TW |
顯示於類別: | 畢業論文 |