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A 股市场实行“T+O”回转交易制度需慎重 被引量:2

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摘要 “T+0”回转交易制度的发展历程 我国证券市场在发展过程中.采用过两种交易方式:“T+0”和“T+1”回转交易制度。“T+0”回转交易制度是指证券成交当日办理好证券和价款清算交割手续的交易制度。“T+1”回转交易制度是指证券成交次日办理好证券交割手续的交易制度,当日买进的证券,要到下一个交易日才能卖出,
作者 阚晓西 汪慧
出处 《财务与会计(理财版)》 2006年第9期30-32,共3页 Finance&Accounting
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同被引文献34

  • 1董锋,韩立岩.中国股市透明度提高对市场质量影响的实证分析[J].经济研究,2006,41(5):87-96. 被引量:60
  • 2Alizadeh S., M. W. Brandt and F. X. Diebold, 2002, "Range - Based Estimation of Stochastic Volatility Models," The Jour- nal of Finance,57(3), pp. 1047-1091.
  • 3Amihud Y., 2002, "Illiquidity and Stock Returns: Cross-Section and Time-Series Effects," Journal of Financial Markets,5 (1), pp. 31-56.
  • 4Andersen T. G., T. Bollerslev, F. X. Diebold and H. Ebens, 2001, "The Distribution of Realized Stock Return Volatility," Journal of Financial Economics,61(1), pp. 43-76.
  • 5Bertrand M., E. Duflo, and S. Mullainathan, 2004, "How Much Should We Trust Differences-in-Differences Estimates?", The Quarterly Journal of Economics, 119(1), pp. 249-275.
  • 6Campbell J. Y., M. Lettau, B. G. Malkiel and Y. Xu, 2001, "Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk," The Journal of Finance,56(1), pp. 1-43.
  • 7Chou R. K. and G. H. K. Wang, 2006, "Transaction Tax and Market Quality of the Taiwan Stock Index Futures," Journal of Futures Markets,26(12), pp. 1195-1216.
  • 8Chung J. M., H. Choe and B. C. Kho, 2009, "The Impact of Day - Trading on Volatility and Liquidity*," Asia - Pacific Journal of Financial Studies,38(2), pp. 237-275.
  • 9Clark P. K., 1973, "A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices," Econometrica: Journal of the Econometric S ociety,41 (1),pp. 135-155.
  • 10Goyenko R. Y., C. W. Holden and C. A. Trzcinka, 2009, "Do Liquidity Measures Measure Liquidity?," Journal of Finan- cial Economics,92(2), pp. 153-181.

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