如今,在美国以外的期货市场成交量中,大单交易占有重要的比重。例如,近期 Euronext,liffe 的统计表明,大单交易大约占到了金融时报100指数期货交易量的10%,3月期Euribor 合约所有期货期权交易量的40%。尽管目前大单交易在美国期货市场上,地位并不突出,但是随着国外新竞争者(译者加:应是指 Eurex 和 Euronext)的进入,大单交易引起了投资者的广泛兴趣,而且投资者对大单交易是否会损害市场流动性和价格发现功能日益关注。 Today, large-volume trades hold a significant share of the futures market volume outside the United States. For example, recent Euronext, liffe statistics show that large single trades account for about 10% of FTSE 100 futures and 40% of all options traded on the March Euribor contract. Although the current big-ticket deals are not prominent in the U.S. futures market, big-ticket deals have drawn widespread investor interest as new foreign competitors (Ecux and Euronext) have entered, and Investors are increasingly concerned about whether big deals will hurt market liquidity and price discovery.