Program Trading Averaged 70.5 Percent of NYSE Volume during

Discussion in 'Philosophy and Strategy' started by hylt, Jul 22, 2004.

  1. 交易策略各种类型的比例:

    index arbitrage: 4.8%

    derivative product-related strategies (besides index arbitrage) that are subject to Rule 80A: 0.1%

    customer facilitations(客户便利), index substitutions(指数置换), liquidation of error accounts(错误帐户的清算), risk modifications/hedge(风险的减小或对冲), and liquidation of exchange-for-physicals stock positions(期货换现货的股票头寸的清算), etc.: 95.2%