• 제목/요약/키워드: ITM

검색결과 100건 처리시간 0.026초

정보거래자의 옵션 선택에 관한 연구: 한국의 지수옵션시장을 중심으로 (A Study on the Option Selection of Informed Traders: A Case of Korean Index Options)

  • 최병욱
    • 아태비즈니스연구
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    • 제14권2호
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    • pp.33-49
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    • 2023
  • Purpose - The purpose of this study is to examine the option selection and optimal trading of informed traders in KOSPI 200 options market based on the PIN (probability of informed trading) model of Easley et al.(2002). Design/methodology/approach - This study uses TAQ (trade and quote) data provided by Korean Exchanges (KRX) which contains all the bids and trades recorded during the continuous auction trading hours for the KOSPI 200 options between May 2019 and September 2020. Findings - First, there was no difference in the PIN between call and put options in the 2019 data, but the PIN of put options was slightly higher in 2020. Second, regardless of the type of option, the PIN was higher for in-the-money (ITM) options, and the PIN of out-of-the-money (OTM) options was the same as or slightly higher than that of at-the-money (ATM) options. Third, we found that the PIN decreases as trading liquidity increases, and fourth, the PIN increased sharply as the expiration date approached, especially for OTM options, while ITM and ATM options showed relatively weak effects. Fifth, for foreign and institutional investors, the periodicity of orders was observed in milliseconds, especially for foreign investors, where the periodicity of orders was clear and frequent in OTM options. The results suggest that the purpose of option trading varies depending on the moneyness from the perspective of the informed trader.

Effects of low-dose organic trace minerals on performance, mineral status, and fecal mineral excretion of sows

  • Ma, Lianxiang;He, Junna;Lu, Xintao;Qiu, Jialing;Hou, Chuanchuan;Liu, Bing;Lin, Gang;Yu, Dongyou
    • Asian-Australasian Journal of Animal Sciences
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    • 제33권1호
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    • pp.132-138
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    • 2020
  • Objective: To investigate the effects of low-dose trace mineral proteinates on reproductive performance, mineral status, milk immunoglobulin contents and fecal mineral excretion of sows. Methods: Eighty crossbred sows (Landrace×Large White) were randomly allocated to two groups in a 135-day trail, from breeding through 21 d postpartum. The two treatments were inorganic trace minerals (ITM): a basal diet+inorganic iron (Fe), copper (Cu), manganese (Mn), and zinc (Zn) at 90, 15, 25 and 90 mg/kg, respectively and organic trace minerals (OTM): a basal diet+proteinates of Fe, Cu, Mn, and Zn at 72, 12, 20, and 72 mg/kg, respectively. Results: Compared with ITM, OTM significantly increased (p<0.05) the number of piglets with birthweight >1 kg, the litter weaning weight, and milk Fe, Cu contents. No significant differences (p>0.05) were observed on sow hair mineral contents or immunoglobulin M (IgM), IgG, and IgA contents in colostrum and milk. In comparsion to ITM, OTM decreased fecal Fe, Cu, Mn, and Zn contents of gestating sows (p<0.01) and Fe, Mn, and Zn in lactating sows (p<0.01). Conclusion: These results indicate that low-dose mineral proteinates can increase the number of piglets with birthweight >1 kg, the litter weaning weight and certain milk mineral concentrations while reducing fecal mineral excretion.

IMT-2000/FPLMTS의 연구 개발 현황 (Technology Development Policy of IMT-2000/FPLMTS)

  • 오장균;박석지
    • 전자통신동향분석
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    • 제12권5호통권47호
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    • pp.44-55
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    • 1997
  • 차세대 이동통신은 IMT-2000, UMTS, UPT 및 MBS 등이 대두되고 있으며, 이러한 시스템들은 전세계적으로 단일표준을 결정하여 하나의 단말기로 세계적인 고품질 서비스를 목적으로 하고 있다. 이를 위해 ITU는 세계 단일표준을 지향하여 표준화활동을 추진하고 있지만, 이것은 각국의 이해관계가 결부되어 복잡하게 전개되면서 미국, 유럽연합 및 일본은 지역시장을 선점하기 위한 기술표준을 논의하고 있는 실정이다. 따라서 본 고에서는 우선 ITM-2000의 개념을 검토해 보고, 미국, 유럽연합 및 일본 등의 IMT-2000 기술의 연구개발 현황을 분석하고, 이들 국가의 차세대 휴대전화 기술개발 전략을 비교 분석하였다.

웹서비스에 기반한 콘텐츠 라우팅 설계 (Design of Contents Routing Based on Web Service)

  • 이준희;조용환
    • 한국정보과학회:학술대회논문집
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    • 한국정보과학회 2004년도 봄 학술발표논문집 Vol.31 No.1 (A)
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    • pp.595-597
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    • 2004
  • 인터넷 트래픽 관리(ITM: Internet Traffic Management)는 네트워크의 물리적인 속도의 한계를 논리적인 기술을 적용해 극복하고자 하는 목적을 가지고 있다. 멀티미디어 서비스 수요의 증가와 서비스 품질(QoS) 보장을 위해서 효율적인 콘텐츠 라우팅 설계는 매우 중요하다. 콘텐츠 라우팅 기술의 핵심 기능은 서비스 사용자에게 최적의 경로를 선정해 서비스 속도 향상과 콘텐츠 제공자에게는 콘텐츠를 분산 장애가 발생시 서비스의 우회에 있다. 본 논문에서는 웹 서비스를 지원하는 XML 기반의 복수의 능동 에이전트를 이용해서 효율적인 트래픽 관리를 제공함으로써 QoS를 보장하는 설계를 제안한다.

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Optimizing Mobile Advertising Using Ad Refresh Interval

  • Truong, Vinh
    • IEIE Transactions on Smart Processing and Computing
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    • 제5권2호
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    • pp.117-122
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    • 2016
  • Optimizing the number of ad clicks is a large-scale learning problem that is central to the multi-billion dollar mobile advertising industry. There are currently several optimization methods used, including ad mediation and ad positioning. This paper proposes a new method to optimize mobile advertising by using the ad refresh interval. A new metric, which can measure and compare mobile advertising performance, takes into account time limitations. The results achieved from this optimization study could maximize revenue for mobile advertisers and publishers. This research has high applicability. It also lays out a solid background for future research in this promising area.

MODELLING OF A THREE-PHASE MEMBRANE REACTOR FOR THE PARTIAL OXIDATION OF PROPANE

  • Criscuoli, Alessandra;Espro, Claudia;Parmaliana, Adolfo;Drioli, Enrico
    • 한국막학회:학술대회논문집
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    • 한국막학회 2003년도 The 4th Korea-Italy Workshop
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    • pp.11-16
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    • 2003
  • A mathematical model describing the performance of a three phase catalytic membrane reactor for the partial oxidation of propane has been developed. The theoretical study pointed out that the recovery of products in the gas phase is strongly related to the membrane hydrophobicity.

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여행데이터와 결합된 마이데이터 비즈니스 모델 (My data business model combined with travel data)

  • 소원;피유진
    • 한국정보처리학회:학술대회논문집
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    • 한국정보처리학회 2022년도 추계학술발표대회
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    • pp.961-963
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    • 2022
  • 데이터 기반 경제가 활성화되면서 데이터의 분석과 활용에 중점을 둔 서비스가 증가하는 추세이다. 금융 분야에서만 활용되던 마이데이터를 관광정보인 외부데이터와 결합해 사용자의 디지털 흔적을 수집, 분석하는 여행 마이데이터 플랫폼을 제시한다. 이를 통해 사용자에게 신뢰도가 높은 여행정보를 제공하고 여행 후 정산 문제를 해결하고자 한다.

Electrical Characteristic of Power MOSFET with Zener Diode for Battery Protection IC

  • Kim, Ju-Yeon;Park, Seung-Uk;Kim, Nam-Soo;Park, Jung-Woong;Lee, Kie-Yong;Lee, Hyung-Gyoo
    • Transactions on Electrical and Electronic Materials
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    • 제14권1호
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    • pp.47-51
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    • 2013
  • A high power MOSFET switch based on a 0.35 ${\mu}m$ CMOS process has been developed for the protection IC of a rechargeable battery. In this process, a vertical double diffused MOS (VDMOS) using 3 ${\mu}m$-thick epi-taxy layer is integrated with a Zener diode. The p-n+Zener diode is fabricated on top of the VDMOS and used to protect the VDMOS from high voltage switching and electrostatic discharge voltage. A fully integrated digital circuit with power devices has also been developed for a rechargeable battery. The experiment indicates that both breakdown voltage and leakage current depend on the doping concentration of the Zener diode. The dependency of the breakdown voltage on doping concentration is in a trade-off relationship with that of the leakage current. The breakdown voltage is obtained to exceed 14 V and the leakage current is controlled under 0.5 ${\mu}A$. The proposed integrated module with the application of the power MOSFET indicates the high performance of the protection IC, where the overcharge delay time and detection voltage are controlled within 1.1 s and 4.2 V, respectively.

The Factors Influencing the Use of Shared Economy-Based Mobility Services

  • KIM, Hyeong-Min
    • 유통과학연구
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    • 제18권1호
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    • pp.107-121
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    • 2020
  • Purpose: Shared mobility services are the most notable in the shared economy; however, they have yet to be activated in Korea due to various regulations and conflicts amongst stakeholders. Nevertheless, shared mobility has become an irresistible trend of the times, as it can cause a great deal of economic and environmental benefits. In this vein, the purpose of this study is to contribute to the revitalization of shared mobility services in Korea and to provide service providers with implications for developing consumer-oriented marketing strategies. Research design, data and methodology: Based on the reasons that the users do not use shared mobility service, the factors influencing the behaviors of shared mobility users are structured and analyzed in a reliable, technical and procedural manner. To this end, the theory of reasoned action (TRA) of Ajzen and Fisbbein, the initial trust model (ITM), task technology fit (TTF) and switching cost (SC) are adopted. A total of 202 questionnaires were collected from the respondents who were aware of shared mobility. Then statistical processing of the collected data used SmartPLS(v.3.2.8), a PLS-SEM (Partial Least Squares Structural Equation Modeling) analysis program. The steps of the analysis are as follows. First, a PLS-Algorithm analysis was performed to evaluate the measurement model, and a Bootstraping and Blindfolding analysis was performed to evaluate the structural model and verify the hypotheses. Second, a multi-group analysis (PLS-MGA) was conducted to further analyze the differences depending on whether or not users experienced shared mobility service. Results: The results showed that initial trusts model (ITM) and task technology fit (TTF) have positive effects on users' behaviors through the mediation of the intention to use. As opposed to the assumption, switching costs did not have negative moderating effects in relation to the intention to use and users' behaviors. The influence of IT self-efficacy was significant, depending on the prior experience to use shared mobility services. Conclusions: This study will contribute to the revitalization of domestic shared mobility services and the formulation of service providers' marketing strategies. In future studies, there is a need to explore, reconstruct, and validate factors other than the impact factors of the shared mobility services used in this research model.