Commodity futures price is an expected price , which will reflect the relation of supply and demand in spot transactions for the future . whether the forming mechanism is valid or not can be proved when the futures market acted 商品期货价格是一种能够反映未来现货供求关系的预期价格，期货价格形成机制是否有效，可以从期货市场功能是否得到实现体现出来。
The main researches as follows : firstly , by discussion of connotation and feature in price form mechanism and strategy or tactics of price , offer academic basis for our railway price form mechanism and price strategy research 第一，通过对价格形成机制、企业定价战略与战术研究两方面内涵、特征的论述，为铁路运价形成机制和价格策略的研究提供理论依据。
Secondly , absorbing the reform experience and lesson in price form mechanism and price strategy of other transportation fashion , provide transverse decision bases for our railway transportation in price form mechanism and price strategy research 第二，借鉴国内外多种运输方式在运价形成机制和价格策略上改革的经验教训，为铁路运输企业的价格形成机制及运价策略研究提供横向的决策参考。
The author then goes on to a thorough discussion on the two forms this market has taken - the invisible market and the auction market . topics included here are : their transaction features , participants " behavior patterns and price making mechanisms 第三、四部分一级半市场分析：无形市场与拍卖市场根据交易方式、价格形成机制以及市场参与者等的不同，一级半市场可以分为无形市场和拍卖市场。
Fifthly , participation in the us and european markets by our institutional and individual investors is limited because of the relatively high cost of trading . this is an obstacle to our local market conditions being fully reflected in the price discovery process 第五，由于交易成本相对高昂，我们参与欧美市场的机构和投资者数量自然受到一些限制，导致在价格形成过程中不能充分反映我们的市场状况。
In the process of marketization of residence real estate , the perfect price formation mechanism is the indispensable condition in development of market economy , which directly influences the realization of the expecting objective of the residence real estate policy 消费过程的各个环节,在整个住宅房地产市场化的进程中,完善的价格形成机制是市场经济发展的必备条件,直接影响着住宅房地产政策预期目标的实现
However , because of the lateness of commercializing the chinese real estate and continuous development of its social and market environment , the problems existing in the shaping system of chinese real estate are appearing gradually with the economic development 但由于我国房地产商品化时间较晚,其所处的社会、市场环境也正处于不断完善之中,随着经济的发展我国房地产价格形成机制中存在的问题也逐渐显现出来。
This paper started with the theory of commodity futures price , discussed its characteristic and forming mechanism , analyzed the main factors which effected the forming mechanism of the futures price and referred to some returns which acquired by academic authorities before 本文从商品期货价格理论入手，参考前人和当今学者对期货市场的研究成果，探讨商品期货价格的特点和形成机制，分析影响期货价格形成机制的主要因素。
Based on the theoretical and empirical analyses , author puts forward the conclusion that the price formation mechanism of land and the price formation mechanism of housing must be constructed in order to construct the perfect price formation mechanism of residential real estate 通过规范和实证分析,提出构建完善的住宅房地产价格形成机制,必须在政府宏观调控下,构建以市场形成价格为主的土地价格形成机制和住房价格形成机制
