模拟期货交易系统撮合的技术研究.docVIP

中国最大的论文知识平台 内容摘要 本文研究的交易撮合系统中所采用的撮合规则（撮合算法）是依据上海证券交易所、深圳证券交易所的相关规则：证券交易按价格优先、时间优先的原则竞价撮合成交来设计的。交易撮合系统是交易系统中最重要的组成部分。撮合系统的好坏直接决定了一个期货交易系统的好坏。成交时价格优先的原则为：较高价格买进申报优先于较低价格买进申报，较低价格卖出申报优先于较高价格卖出申报。成交时时间优先原则为：买卖方向相同，先申报者优先于后申报者，先后顺序按交易主机接受申报的时间确定。撮合的方式是选用数据库撮合。 关键词：交易撮合系统、价格优先、时间优先、数据库撮合  ABSTRACT The rules used in the Trade Match System in this paper are according to the 65th article in “Shanghai and Shenzhen Stock Exchange rules”. The rules are: security exchange is bided and matched by the price priority and the time priority principle. The Trade Match System is the most important part in the Future Trading System. The quality of the Trade Match System directly decides the quality of the Stocks System. The price priority principle is: the declaration of buying at a higher price is more prior than that at a lower price, and the declaration of selling at a lower price is more prior than that at a higher price. The time priority principle is: when trading in the same direction, the earlier to declare, the earlier to trade. The sequence is determined by the time given from the trading host. The method used in the Trade Match System is Database-Matching. KEYWORDS：Trade Match System, the price priority, the time priority， Database-Matching 正文目录  TOC \o 1-3 \h \z \u  HYPERLINK \l _Toc263236864 第一章 引言  PAGEREF _Toc263236864 \h 1  HYPERLINK \l _Toc263236865 第一节 论文背景介绍  PAGEREF _Toc263236865 \h 1  HYPERLINK \l _Toc263236866 第二节 研究的目的以及应用意义  PAGEREF _Toc263236866 \h 1  HYPERLINK \l _Toc263236867 第二章 期货交易业务和交易系统概述  PAGEREF _Toc263236867 \h 2  HYPERLINK \l _Toc263236868 第一节 期货交易所业务发展趋势  PAGEREF _Toc263236868 \h 2  HYPERLINK \l _Toc263236869 第二节 交易系统的目标  PAGEREF _Toc263236869 \h 3  HYPERLINK \l _Toc263236870 第三章 期货交易平台介绍  PAGEREF _Toc263236870 \h 5  HYPERLINK \l _Toc263236871 第一节 国外现状  PAGEREF _Toc263236871 \h 5  HYPERLINK \l _Toc263236872 第二节 国内现状  PAGEREF _Toc263236872 \h 6  HYPERLINK \l _Toc263236873 第四章 撮合系统需求分析  PAGE