文档介绍：Research & Planning CASH MARKET TRANSACTION SURVEY 2005/06 March 2007 CONTENTS
Page 1. Introduction ....................................................................................................................1 2. Key findings ...................................................................................................................2 3. Figures and tables ...........................................................................................................3 Distribution of market trading value by investor type ...........................................3 Distribution of overseas investor trading value by origin......................................6 Retail online trading ...............................................................................................8 Glossary ........................................................................................................................9 Appendix 1. Representativeness of the responded sample vis-à-vis the target population of Exchange Participants...............................10 Appendix 2. Survey methodology......................................................................................11
The Cash Market Transaction Survey (CMTS) has been conducted annually since 1991 to study the position of Stock Exchange Participants (EPs). The main objective is to understand the relative contribution of trading value in the HKEx cash market by investor type (see classification chart below). The market share of online trading1 has been covered since 1999/2000.
Classification of Stock Exchange Participants’ trading Participants’ trading on the Exchange Agency Principal Retail Institutional Local Overseas Overseas Local . . Rest of Europe Japan Mainland China Taiwan Singapore Rest of Asia Others