The fundamental research of financial market microstructure theories is the market transaction mechanism and the assetsprice forming.
金融市场微观结构理论研究的基本问题是市场交易机制与资产的价格形成问题。
2
The financial assetsprice behavior can be described as the result of economic subject's optimization behavior if research based on the microscopic way.
从微观角度考察金融资产价格意味着可以将金融资产价格行为描述成经济主体最优化行为的结果。
3
Most researchers directly take an assumption that underlying assetsprice moving mode is Geometric Brownian Motion, don't ever deeply consider whether it is proper.