上一主题:Level 2, Fixed Income - relation between OAS and level of volatility
下一主题:Equity 一道题目
返回列表 发帖

level1关于StandardII(A)一段notes的理解

Notebook 1 p33页Prohibition of all proprietary trading while a firm is in poeeseeion of material nonpublic information may be inappropriate because it may send a signal to the market.(词句中signal意指大概那些市场信号)以及后一句,In these cases, firms should take the contra side of only unsolicited customer trades.整句不太理解这条意思,求教。

公司掌握内幕消息后,交易则违反道德,不交易则欲盖弥彰相当于告诉别人自己有内幕;于是被动交易

TOP

返回列表
上一主题:Level 2, Fixed Income - relation between OAS and level of volatility
下一主题:Equity 一道题目