How is "Turnover" in HKEX different from "Volume"?
How is "Turnover" in HKEX different from "Volume"?
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Raven Cheuk · External communityPost link
External question — Personal Finance Stack Exchange
Author: Raven Cheuk
Original post: https://money.stackexchange.com/questions/137332
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
Adaptation: HTML converted to plain text; contact email addresses removed.
On page 26 of this
PDF
provided by HKEX, it describes turnover as:
each trade concluded in the derivatives market will increase the turnover for that day
Isn't it the definition for volume?
When checking other
documents
from the HKEX websites, it seems their turnover is in the unit of HK dollar, which is a completely different concept of the turnover ratio in the US market.
Then what is the meaning of "turnover" in HKEX?
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Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: Raven Cheuk Source score (net votes, not local likes): 0 Original post: https://money.stackexchange.com/questions/137332 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. On page 26 of this PDF provided by HKEX, it describes turnover as: each trade concluded in the derivatives market will increase the turnover for that day Isn't it the definition for volume? When checking other documents from the HKEX websites, it seems their turnover is in the unit of HK dollar, which is a completely different concept of the turnover ratio in the US market. Then what is the meaning of "turnover" in HKEX?
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