金融市场中间费用的最优分析

An Optimal Analysis of Intermediate Expenditures in Financial Market

金融市场上的中间费用具有不同形态，由此在形成均衡时需满足不同条件．由于中间费用的影响，收益率的表达方式发生变化．中国佣金制度的变化在市场上引起一定反响，通过单因素和两因素模型可以分析中间费用与收益率间的线性相关关系，以及浮动佣金制下拟合数据的变化规律．

There are various configurations of intermediate expenditures in the financial market and the equilibrium conditions are different.The rates of returns change with the effects of intermediate expenditures.There must be some responses to the transformation of commission system in China.Based on the single - factor and dual - factor models, the linear relativities of the intermediate fees and yield rates are studied,and the changing rules of fit data in the float- ing commission system are analyzed.