Study On The Relationship Between The Electronic Platform Of Spot Price Volume Of Agricultural Products

Price and trading volume in financial markets is most direct and accurate expression of both forms, for the price and volume of research is to start awareness and understanding of financial markets, the most basic and important starting point. China’s own design for the new generation of electronic spot market for Chinese agricultural products, to conduct a comprehensive and profound understanding of it and understand it, from a study of the relationship between volume and price to start, and research methods course, need to learn from correlation of the idea of foreign and conclusions, but must focus on contact characteristics of the market and the market carefully to discover the objective laws that may exist.In this paper, Shandong Shouguang Vegetable electronic platform for the study, the Granger causality test, VAR, impulse response theory, quantile regression and other four research methods, to observe the changes in trading volume and open relationship between the closing price in-depth analysis of the Shandong Shouguang vegetable market price and volume of electronic features. Text is divided into six chapters. The first chapter of introduction, description of the object and background, that students of Chinese specialties, electronic spot market. Chapter II summarizes the stock futures market for foreign scholars on the relationship between volume and price studies. Chapter III of the research data for analysis. Chapter 4 Using Granger causality test, VAR, impulse response theory of the dynamic relationship between volume and price studies. Chapter 5 Using quantile regression method to study the relationship of volume and price. The final chapter summarizes the results of the above, and then draw inspiration.Empirical results, Shandong Shouguang Vegetable electronic spot platform exists between volume and price changes Granger causality; but in the VAR model parameter estimates is not significant. This illustrates China’s agricultural products on the market of electronic spot trading volume and price changes does contain important information relevant to negate the effectiveness of the market, but also for the relationship between volume and price based on technical analysis provides some theoretical support. Quantile regression results show that the correlation in the same period, the turnover rate of return on a different quantile have different effects, and in the median on the side of the high points on the impact is significant. Shandong Shouguang Vegetable electronic platform for trading volume on the price earnings ratio has some explanatory power.