在正常运转成熟的金融市场上,金融资产(包括股票、债券、货币市场、外汇及它们的衍生品)的价格通常处于均衡状态,并且相同资产的价格大体一致。在价格失衡并出现市场间差异时,金融机构的套利行为可使价格回归均衡,并且在市场间收敛。而在市场被分割并且套利活动缺失的市场环境下,资产价格则可能 In a well-functioning financial market, the prices of financial assets (including stocks, bonds, money markets, foreign exchange and their derivatives) are usually in equilibrium and the prices of the same assets are generally the same. When the price is unbalanced and there is a difference between markets, the arbitrage behavior of financial institutions can return the prices to equilibrium and converge in the market. Asset prices are possible in markets where the market is segmented and arbitrage activities are missing