论文部分内容阅读
期货市场中的交易者按其交易的目的和动机的不同 ,可以分为套期保值交易者和投机交易者。一般认为 ,进行套期保值交易的目的是规避价格风险 ,将金融合约作为交易者为其风险暴露提供保险的手段 ,以尽量减少风险。而投资则是在商业和金融交易中 ,甘冒特殊风险 ,企图获取特殊利润
Traders in the futures market can be divided into hedging traders and speculative traders depending on the purpose and motivation of the transaction. It is generally accepted that the purpose of a hedging transaction is to avoid price risk and to use financial contracts as a means by which traders cover their exposures to minimize risks. The investment is in commercial and financial transactions, willing to take special risks in an attempt to obtain special profits