衍生产品市场交易研究调查2005-06 (只提供英文版).pdf

Research & Planning
Derivatives Market Transaction Survey
2005/06
December 2006
CONTENTS

Page
1. Introduction ....................................................................................................................1
2. Key findings ...................................................................................................................3
3. Figures and tables ...........................................................................................................5
Distribution of trading by transaction purpose.......................................................5
Distribution of trading by investor type .................................................................7
Distribution of overseas investor trading by origin..............................................11
Retail online trading .............................................................................................14
Glossary ......................................................................................................................15
Appendix 1. Response rate .................................................................................................16
Appendix 2. Representativeness of the responded sample relative to target respondents..17
Appendix 3. Survey methodology......................................................................................18



DERIVATIVES MARKET TRANSACTION SURVEY 2005/06
1. INTRODUCTION

The Derivatives Market Transaction Survey (DMTS) has been conducted annually since 1994 (by
Hong Kong Futures Exchange on its market prior to 2001). The main objective of the survey is to
track position by investor type and by trading purpose in HKEx’s derivatives market,
prises futures and options contracts.
The survey provides key information on the relative contribution to the overall market turnover and to
each major product by the main investor types ¾ loca