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| 题名: | 證券商量化生態圈與自動化全委:以永豐金證券為例
Quantitative Trading Ecosystem and Automation Discretionary Investment of Securities Firms: A Case Study of SinoPac Securities |
| 作者: | 江承翰
Chiang, Chen-Han |
| 贡献者: | 韓傳祥
江彌修
Han Chuan-Hsiang
Chiang Mi-Hsiu
江承翰
Chiang, Chen-Han |
| 关键词: | FinTech
量化交易
交易策略
機器人理財
模型開發
量化交易生態圈
robo-advisors
FinTech
Portfolio
trading ecosystem
mathematical models
quantitative trading |
| 日期: | 2023 |
| 上传时间: | 2023-12-01 13:53:31 (UTC+8) |
| 摘要: | 全球資本市場經歷了幾次巨大轉型，這些轉變部分是由快速進步的科技所推動的。尤其是機器人理財，近期被金融界吹捧為可以最大限度地降低人力成本，並避免利益衝突以及讓龐大的退休投資族群受益的投資工具。雖然被一些使用者貼上了噱頭和演算法過於簡化的標籤，但不可否認的，科技技術的革命仍以重大方式改變了投資產品和服務的市場。隨著金融科技的普及和臺灣股市交易規則的變化（逐筆撮合和盤中零股交易），市場上湧現出一批勇於學習程式設計並開發自己交易策略的量化交易投資者。交易量不斷增長，已經形成一定規模。他們主要使用XQ全球贏家和永豐金證券自家研發的Python API等程式設計交易平臺，這些平臺備受歡迎。各種市場參與者積極參與運營，例如在2021年7月，"AI幫你顧"團隊推出了"豐XQ殿堂"的訂閱服務。投資者可以根據他們的操作邏輯學習並創建自動化交易策略，有經驗的交易員可以顯著提高交易效率，而不懂程式設計的新手也可以學習和應用高級的股票篩選、盤中監控和交易回測等技巧，以滿足不同的需求。量化交易生態圈是一個由各種參與者組成的生態系統，旨在利用數學模型、統計分析和電腦演算法來進行金融交易。在這個生態圈中，各個參與者通過合作和競爭共同推動著市場的發展和演進。隨著技術的不斷發展，量化交易在金融市場中的影響越來越大，成為了現代金融領域的重要一環。
在這個生態系統中，監管機構和非政府組織在強調發揮全球金融生態系統的重要性方面具有重要作用，隨著交易市場行業向更加普及化的未來邁進， 這個生態系統可以通過穩定的方式實現集體金融意識和增長。
The global capital markets have undergone several major transformations, many of which have been driven in part by rapid technological advancements. In particular, robo-advisors have been hailed in the financial industry as tools that can significantly reduce labor costs, avoid conflicts of interest, and benefit a large population of retail investors. However, some users have labeled them as gimmicks and criticized the oversimplification of algorithms. Nevertheless, it is undeniable that the revolution in technology has significantly changed the market for investment products and services.
As the financial market environment becomes increasingly uncertain, facing current volatility factors, we aim to cultivate the participation of retail investors and describe the proactive role played by institutional investors throughout the ecosystem. In recent years, the spread of FinTech and changes in the trading system of the Taiwan stock market (transaction-by-transaction matching and intraday odd-lot trading) have led to the emergence of a group of quantitative trading investors who are willing to learn programming and develop their own trading strategies.
The quant trading ecosystem is a complex system comprising various participants that aims to utilize mathematical models, statistical analysis, and computer algorithms for financial trading. These components are intertwined and collectively constitute the quant trading ecosystem. In this ecosystem, various participants work together through cooperation and competition to drive the development and evolution of the market. With the continuous development of technology, quantitative trading has an increasingly significant impact on financial markets, becoming an essential part of the modern financial landscape. |
| 參考文獻: | 研究計劃
World Economic Forum, August, 2022. The Future of Capital Markets: Democratization of Retail Investing. Insight Report.
期刊
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| 描述: | 碩士
國立政治大學
國際金融碩士學位學程
111ZB1045 |
| 資料來源: | http://thesis.lib.nccu.edu.tw/record/#G0111ZB1045 |
| 数据类型: | thesis |
| 显示于类别: | [國際金融碩士學位學程] 學位論文
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