Monday, August 26, 2013

冧機潮

見到通訊事務管理局上周終出手,認為王征曾干預亞視的日常管理和運作,又要求於7日內終止盛品儒控制亞視的身份,反映免費電視市場已到需改變的境地。

禤中怡覺得,在亞洲地區免費電視市場中,香港顯然已大大落後於其他對手,遑論以往的電視王國,若果政府不再改變這個市場環境,開放免費電視市場,試問怎樣培訓更多演藝人才,加上兩間電視台繼續用外援,播放日、韓,甚至內地劇集,只會斷送自己的陣地給對手。

且看英超聯賽,外援當道,表面看當然是球迷之福,奈何英倫三島的球員更鮮有落場磨練機會,恐怕國家隊的實力定必被削弱,對手又賺英鎊,又在國家比賽中掄元,英國人財兩失。

商務及經濟發展局長蘇錦樑曾就3G牌照有這樣一番偉論,他說:「頻譜是寶貴的公共資源,而頻譜使用費旨在反映頻譜的市場價值,把頻譜配予最重視頻譜的一方,使這項資源能得到最充分的利用至為重要。」請政府也重視電視的頻譜,不要再自摑咀巴了。

市場開放的另一個好處是,大家有得選擇。且看上周納斯達克(NASDAQ)因技術問題停市長達逾3小時的困局,會否觸發「搬家潮」,掛牌股份另覓其他交易所掛牌買賣。

納斯達克向交易員的通知披露,因一條數據傳輸專線出問題。

BATS Global Markets數據顯示,本月在該交易所掛牌股份成交量,已佔美國總成交量28%,不可說小了,畢竟有很多具分量的科網股,如蘋果、微軟等,加上近期熱炒這類股份,試問停市引發的恐慌有多大?其他地區與相關股份掛鈎的金融產品也定必被殺個措手不及。

其實,近期出事的頻率似有增加趨勢,本月中高盛曾發出錯誤指令,引致在股票期權市場產生混亂,部分股票期權及交易所買賣基金價格大跌,而4月亦曾發生芝加哥期權交易所系統故障,需延遲3小時開市。

納斯達克已為Facebook去年上市混亂而遭罰1,000萬美元,料不到沒有吸取教訓,費解的是,負責該交易所的Nasdaq OMX Group Inc.總裁Robert Greifeld公開話,停市為防訊息不對稱,而且整套系統過去20年行之有效,但受外來因素所影響。他更話支持建立後備系統,那麼豈不是一直沒有改善?

以往大家擔心交易對手問題,如雷曼兄弟突倒閉引發的骨牌效應,但交易所面對高頻交易等新交易方法,挑戰愈來愈大,現在隨便停市,只會令投資者更憂慮交收問題。當然,像光大證券的國債超低價錯誤交易,成功同交易對手達成協定,即取消交易,自然好辦事。

(8月26日刊於《am730》)

9 Comments:

At 9:06 AM, Blogger oakleyses said...

air max, burberry outlet, true religion jeans, louboutin, louis vuitton outlet, louboutin, ray ban sunglasses, tiffany and co, coach outlet store online, oakley sunglasses cheap, christian louboutin shoes, longchamp outlet, louis vuitton, true religion jeans, tory burch outlet, kate spade outlet, kate spade handbags, oakley sunglasses, jordan shoes, polo ralph lauren outlet, louis vuitton outlet, louis vuitton handbags, coach outlet, prada outlet, ray ban sunglasses, chanel handbags, michael kors outlet, longchamp handbags, michael kors outlet, oakley sunglasses, nike shoes, air max, coach purses, michael kors outlet, longchamp handbags, louis vuitton outlet stores, nike free, prada handbags, coach factory outlet, gucci outlet, tiffany and co, louboutin outlet, michael kors outlet, polo ralph lauren outlet, michael kors outlet, burberry outlet, michael kors outlet

 
At 9:17 AM, Blogger oakleyses said...

abercrombie and fitch, hollister, sac burberry, sac hermes, nike free pas cher, michael kors, sac guess, timberland, nike free, lululemon, new balance pas cher, true religion outlet, sac louis vuitton, mulberry, louis vuitton uk, longchamp, nike roshe, vans pas cher, air max, louboutin, vanessa bruno, nike blazer, hollister, air force, ray ban pas cher, true religion outlet, north face, oakley pas cher, hogan outlet, nike trainers, nike tn, air jordan, sac louis vuitton, polo lacoste, louis vuitton, air max pas cher, michael kors pas cher, michael kors, polo ralph lauren, sac longchamp, converse pas cher, ralph lauren, nike roshe run, barbour, nike air max, air max, north face, ray ban sunglasses

 
At 9:32 AM, Blogger oakleyses said...

marc jacobs, soccer shoes, abercrombie and fitch, hollister, asics running shoes, canada goose, ugg boots, nfl jerseys, reebok outlet, herve leger, ugg, north face outlet, mont blanc, longchamp, insanity workout, canada goose uk, chi flat iron, babyliss pro, ugg pas cher, ugg australia, canada goose jackets, mcm handbags, canada goose, wedding dresses, new balance shoes, mac cosmetics, soccer jerseys, celine handbags, birkin bag, p90x, ferragamo shoes, valentino shoes, nike huarache, beats by dre, ghd, instyler, jimmy choo outlet, lululemon outlet, bottega veneta, canada goose, rolex watches, canada goose outlet, vans shoes, nike roshe run, moncler, ugg boots, north face jackets, uggs outlet, giuseppe zanotti

 
At 9:32 AM, Blogger oakleyses said...

louboutin, moncler outlet, juicy couture outlet, iphone 6 cases, hollister, moncler, karen millen, oakley, baseball bats, wedding dresses, ray ban, gucci, canada goose, ralph lauren, canada goose, swarovski crystal, hollister clothing store, moncler, air max, converse, pandora jewelry, juicy couture outlet, rolex watches, moncler, supra shoes, moncler, pandora charms, ugg, vans, toms shoes, links of london, pandora charms, air max, timberland boots, parajumpers, hollister, thomas sabo, louis vuitton, montre homme, coach outlet store online, lancel, ugg, swarovski, moncler, converse shoes

 
At 11:38 AM, Blogger mmjiaxin said...

ralph lauren outlet
adidas wings shoes
cheap ugg boots
wedding dresses uk
ugg boots
tiffany and co
mcm backpack
tory burch outlet online
michael kors handbags clearance
coach outlet
oakley sunglasses
christian louboutin,louboutin,louboutin outlet,louboutin outlet italia,scarpe louboutin
rolex watches
louis vuitton,borse louis vuitton,louis vuitton sito ufficiale,louis vuitton outlet
nike free uk
ugg boots clearance,ugg australia,uggs on sale,ugg slippers,uggs boots,uggs outlet,ugg boots,ugg,uggs
ugg outlet store
abercrombie and fitch
uggs outlet
louis vuitton outlet store
mm1130

 
At 3:34 PM, Blogger ninest123 said...

ninest123 16.01
oakley sunglasses, cheap oakley sunglasses, michael kors outlet, louboutin, longchamp outlet, michael kors outlet, uggs on sale, nike air max, louis vuitton, louboutin shoes, christian louboutin outlet, polo ralph lauren outlet, burberry, ugg boots, michael kors outlet, nike air max, ray ban sunglasses, michael kors, ray ban sunglasses, michael kors outlet, replica watches, chanel handbags, jordan shoes, ugg boots, louis vuitton, prada outlet, oakley sunglasses, ray ban sunglasses, longchamp outlet, louboutin outlet, gucci outlet, louis vuitton, burberry outlet online, prada handbags, michael kors outlet, louis vuitton outlet, longchamp, replica watches, oakley sunglasses, polo ralph lauren outlet, tiffany jewelry, louis vuitton outlet, nike outlet, tory burch outlet, oakley sunglasses, tiffany and co, ugg boots, nike free, ugg boots

 
At 3:37 PM, Blogger ninest123 said...

michael kors, michael kors, hogan, oakley pas cher, nike air max, mulberry, ray ban pas cher, nike air max, longchamp, converse pas cher, ralph lauren uk, nike free run uk, true religion outlet, replica handbags, nike trainers, abercrombie and fitch, air force, hermes, true religion jeans, nike free, air jordan pas cher, vanessa bruno, nike roshe run, lacoste pas cher, longchamp pas cher, nike huarache, hollister, nike roshe, north face, north face, ralph lauren pas cher, true religion jeans, burberry, sac longchamp, vans pas cher, tn pas cher, michael kors, michael kors, coach purses, nike blazer, sac guess, new balance pas cher, nike air max, hollister pas cher, true religion jeans, coach outlet, louboutin pas cher, ray ban uk, lululemon, air max, timberland

 
At 3:40 PM, Blogger ninest123 said...

lululemon, birkin bag, iphone 6 plus cases, soccer shoes, ipad cases, baseball bats, insanity workout, valentino shoes, iphone 6 cases, north face outlet, s5 cases, mcm handbags, asics running shoes, vans shoes, mont blanc, oakley, celine handbags, gucci, ray ban, p90x workout, iphone 6s plus cases, north face outlet, new balance, ferragamo shoes, hollister, nike air max, vans, giuseppe zanotti, iphone 5s cases, reebok shoes, bottega veneta, mac cosmetics, iphone 6s cases, abercrombie and fitch, jimmy choo shoes, louboutin, timberland boots, nfl jerseys, nike roshe, babyliss, instyler, chi flat iron, iphone cases, ralph lauren, hollister, beats by dre, converse, soccer jerseys, herve leger, ghd, wedding dresses, nike air max

 
At 3:42 PM, Blogger ninest123 said...

coach outlet, doudoune canada goose, barbour, converse outlet, canada goose outlet, juicy couture outlet, barbour jackets, canada goose, juicy couture outlet, canada goose uk, toms shoes, pandora charms, ugg pas cher, pandora jewelry, ugg,uggs,uggs canada, louis vuitton, montre pas cher, swarovski, hollister, louis vuitton, swarovski crystal, marc jacobs, canada goose, moncler, thomas sabo, lancel, canada goose, wedding dresses, louis vuitton, replica watches, louis vuitton, moncler, moncler, sac louis vuitton pas cher, moncler outlet, pandora charms, links of london, karen millen, ugg,ugg australia,ugg italia, moncler, supra shoes, bottes ugg, doke gabbana outlet, moncler, pandora jewelry, moncler, canada goose, canada goose outlet, moncler, ugg boots uk
ninest123 16.01

 

Post a Comment

<< Home