China's Securities Market Arbitrage Model Study

With a lot of actual arbitrage cases , the author conducted a preliminary study on the phenomenon of arbitrage in the China's securities market.According to the basis of the different products, and the main causes of differences , arbitrages are classified in the study.The study mainly focuses on convertible bonds, warrants ,and ETF funds,Closed funds.The study discussed the arbitrages of the financial behavior effects, such as block effects of arbitrage, Herding Behavior, reverse effects ,specical twins effects .This article also discussed the spread of technology, the construction of the actual application of the arbitrage system .The aim of the study is to develop the new products of arbitrage, provide ideas and information for setting up an arbitrage investment company.