Both have sizable chunks of the equity markets and extremely low overhead, so they may move to offer even lower transaction fees to fight off the competition. 这两家交易所均拥有相当庞大的股票市场份额,经费开支也极低,因此它们可以转而提供更低的交易费,从而赢得竞争。
He gave a speech arguing that private equity firms receiving transaction fees should be required to register as broker-dealers, rather than simply as investment advisors. 大卫表示,应该要求收取交易费的私募基金公司注册为券商,而不仅仅是投资顾问。
For decades, private equity funds have collected "transaction fees" from their portfolio companies, often related to mergers or initial public offerings. 几十年来,私募基金一直在从它们投资的公司那里收取“交易费”,这笔费用通常和并购或者首发上市有关。
The largest US bank has been talking to numerous private equity firms and credit-focused hedge funds about the transaction, as part of an effort to streamline its operations and anticipate regulatory trends, according to people familiar with the situation. 知情人士称,这家美国最大的银行一直在与诸多私人股本公司和信贷型对冲基金讨论这笔交易。摩根大通希望借此精简自身业务,争取走在监管趋势前头。
Operation Model of the Equity Securities Transaction Business in Domestic Securities Companies Influence on Security Exchange of Raising Funds and Stocks 国内券商权益类证券交易业务经营模式之探讨融资融券授信模式及其对证券市场影响
According to people familiar with the transaction, Performance Equity has notified several big private equity firms that it will be selling some of its fund stakes in the coming months. 知情人士称,PerformanceEquity已通知数家大型私人股本公司,它将在未来几个月内出售一部分所持基金头寸。
Such a sharp increase in equity volumes translates more or less directly to stock exchanges 'bottom line, as they make most of their profits from small fees on each transaction. 这种股票成交量的大幅增长,或多或少地直接转化为股票交易所的利润,因为这些交易所的大部分利润,都来自于对每笔交易收取的小额费用。
If bilateral transaction parties do not need CCB to transfer equity certificate ( s), CCB then only makes payment by transfer or withdrawal of transaction fund by agreement between. 如果交易双方不需银行移交权证,建设银行则根据协议约定只对交易资金进行拨付或退回。
This would make it the biggest cable TV deal in Asia and the largest private equity transaction in the region since 2006, according to Dealogic. 根据dealogic的数据,这将使其成为亚洲最大的有线电视交易,也是自2006年以来亚洲最大的私人股本交易。
The foreign investment commission shall carry out simplified examination and approval in accordance with the laws, regulations and rules concerning foreign-invested enterprises and the contract for equity transaction. 外资委根据外商投资企业的法律、法规、规章和产权交易合同进行简化审批。
Venture Capital is a new way of investment and finance and it means to invest capital toward the founding of hi-tech industries for purpose of recovering investment and obtain investment returns through equity transaction. 风险投资是一种新的投融资方式,是把资金投向蕴藏着较大失败风险的高新技术开发领域,以期成功后取得高资本收益的一种股权投资行为。
The legal connected transaction can optimize the equity structure, save the cost of transaction and improve the capacity of resisting risk of the listed company. 正当关联交易可以优化股权配置、节约交易成本、提高上市公司抵御风险的能力。
On this basis, relatively mature conditions and realistic significance are provided for constructing a specialized state-owned financial equity transaction platform. 在此基础上构建一个专门的国有金融资产产权交易平台已经具有相对成熟的条件和现实意义。
Equity market provides a transparent platform for state-owned enterprises reform and state-owned economy recession from com-mon industries, during which preventing state property reduction by unfair transaction is very important. 产权交易和产权交易市场,为国有企业改革和国有经济结构性调整,提供了公平公正的阳光交易平台,是防止国有资产流失,实现国有资本在一般竞争性行业有序退出的必然选择。
This article discusses the influences of the equity structure and the characteristic of corporate board imposing on the related party transaction, and the results of empirical analyses show as follow: 1. the extremely centralized equity structure easily results in the problem of related party transaction; 本文重点对股权结构与董事会特征对关联交易的影响分别进行了实证分析,并得出以下主要结论:1.极度集中的股权结构容易导致关联交易问题产生;
Equity Transaction, Share Characters and Market Response 股权转让、股份性质与市场反应
, 2. empirically analysis the relationship between β and the equity structure and the characteristic of corporate board, and make it academically possible to solve the problem of related party transaction based on improving corporate governance structure; 对β与股权结构与董事会特征之间的关系进行实证分析,为从改善公司治理结构上解决关联交易问题提供了理论可能;
A Study of the Paradox of Equity and Efficiency from the Point of View of Transaction Costs 从交易成本视角审视公平与效率悖论
The paper argues lack of information for farm land market, ineffective protection of equity of transaction body as well as inefficient allocation of land resources are attributed to lagging institution supply and imperfect market mechanism. 由于制度供给滞后、市场机制不完善,农地市场信息严重缺失,交易主体权益得不到有效保障,土地资源配置效率低下。
With the development of the capital market, and the prevalence of equity transaction outside enterprise and investment and financing inside enterprise surrounding capital market, enterprise value becomes the focus of attention of all investors. 随着资本市场的发展,以及围绕资本市场展开的企业外部产权交易和企业内部投资、融资活动的盛行,企业价值成为资本市场各方投资者关注的焦点。
In view of this, the customary practice of most nations is to endow shareholders with prioritized purchase right. Through the display of system value, the value conflict of equity fluidity, human joining and transaction safety can be balanced. 对此,世界上大部分国家通行的做法是采取赋予股东优先购买权的方式,通过其制度价值的发挥,平衡股权的流动性、公司的人合性与交易的安全性三者之间的价值冲突。
These years, banks enter into a new round of product innovation competition. Among them, the city commercial banks and equity banks are in the leading position. All those innovation are tend to solve two problems effectively: information asymmetry and reduction of transaction cost. 近年来,以城市商业银行和股份制银行为先导,银行进入了一轮产品创新高潮,这些创新中最为有效的是围绕着解决信息不对称和减少交易成本两个方面进行的。
Two dependent variables are one year after the transaction adjusted return on equity and the transaction took place three years after the adjusted return on equity; each represents the short-term performance and long-term performance. 两个因变量分别为交易发生一年后调整的权益报酬率及交易发生三年后调整的权益报酬率,分别代表的是并购后的短期绩效和长期绩效。
Compared to domestic equity transfer, Cross-boarder Equity Transfer has its own intrinsic characteristics, which reflects as its cross-boarder transaction, the complex of its application of laws and the forms of Cross-boarder Equity Transfer. 与国内股权转让相比,跨国股权转让有其自身的特殊性,表现在具有跨国性、法律适用的多重性,转让形式的复杂性等方面。
This paper wills also classified listed companies connected transactions, associated guarantee mortgage, buy associated with asset exchange, money lending association equity transaction and other claims. 本文也将上市公司关联交易行为分类:关联购买、关联担保抵押、关联资金拆借与资产交易、关联股权债权交易与其他。
In recent years, the private equity investment trust market develops rapidly in China so that each large-scale trust company engages in business of private equity investment trust; simultaneously, the infringement of investors 'interests occurs in the practical transaction. 近年来,我国私募股权投资信托市场蓬勃发展,各大信托公司纷纷开展私募股权投资信托业务,同时,在实际操作中经常出现投资者利益被侵犯的现象。
This model reveals that the main factors determining the performance of equity mergers include not only the transaction characteristics, but also cultural differences, which is rarely involved in previous studies. 该模型揭示,影响股权并购绩效的主要因素,除了交易特征外,还有文化差异度,这是以往的研究较少关注的。
Because of more complex equity relationship, related transaction, interest conflicts and more creatively financial derivatives, these all make the risks of financial holding company increasing. 但由于金融控股公司内部日益复杂的股权关系、关联交易、利益冲突和不断创新的金融衍生产品,这都使金融控股公司风险不断累积。