I have already mentioned the labour of the hedger and ditcher, of the builder of walls or dykes. 我已提及了筑篱、挖沟、砌墙或建防护栏的劳动。
The method can be used to transfer market risks and expose the stock package of the hedger and partial profit related to market to the market risk. 采用这种对冲方法,可转移市场风险,仅使对冲者股票组合与市场有关的部分收益暴露于市场风险当中。
This paper deals with the problem of determining locally risk-minimizing hedging strategies when the hedger's liablities are described by a general payoff stream. 本文主要研究对冲(套期保值)者的债务由一般的支付流描述时的局部风险最小对冲策略决定问题。
The minimum variance strategy of hedging thinks differently viewing hedging as an investment portfolio in both current market and futures market. A hedger decides his position in both markets based on the expected return of the portfolio and its variance. 最小方差的套期保值交易策略认为套期保值实际上是对现货市场和期货市场的资产进行组合投资,套期保值者根据组合投资的预期收益和预期收益的方差,确定现货市场和期货市场的交易头寸。
Based on the theory of survive-existence from Hedger, there is definitely no possibility for a substantial object to be in accordance with its statement, for they are totally different. 从海德格尔生存&存在论的视界看,由于一个物质性对象和一个关于它的陈述是根本不同的两个东西,从而二者无任何相互“符合”的可能。
The purpose of hedge transaction is hedger transfer risk of price fluctuation on spot market. The result of hedge is usually affected by basis change. So basis risk can change the result of hedge. 套期保值者进行套期保值交易的目的是转移现货市场上的价格波动风险,套期保值交易效果常常受基差变动的影响,所以,基差风险的存在会影响套期保值交易效果。
At the same time, affected by Chinese traditional thought, Hedger's thought has what meaning for Chinese aesthetics? 同时,海德格尔作为一位深受中国思想影响的西方思想家,他的思想对于中国美学又有什么样的意义?
Transaction Costs Hedger's Attitude to Risk and Variance of Exchange Rate: Hedging with Forwards/ Futures 利用远期/期货交易对进出口外汇套期保值的分析
In this paper the classic design of futures market innovation is researched by genetic algorithms. On the basis of the model of the hedger and speculator number, and the construction of future contract, the chromosomes representation and operation are framed, simulation is performed. 研究了遗传算法在期货市场创新决策中的应用问题.在期货市场的保值者和投资者数目以及期货合约结构模型的基础上,设计了期货市场创新的染色体表达和遗传操作,并进行了仿真研究。
Futures markets there are two major functions, the first is the price found, the second is hedge, hedger transfer price risk transfer to go out and reached for the costs and operating profit for the purpose of the city. 期货市场是发现价格和套期保值这两种功能的集中体现,投资者将自己在现货市场上的价格风险转移出去,从而达到锁住成本、保证经营利润的目的。
Thus the size of the spot price skewness coefficient is a measure of hedging participation level of the hedger. The revel of selective hedging is rising as the coefficient increasing. 从而使得现货价格偏度系数的大小成为衡量该市场上套期保值者行为中是否具有投机性及该投机性强弱的理想变量,也即当该系数增大时,选择性套期保值增强。
The VaR optimal hedge ratio is composed of two parts, which are the part of reflecting the speculating demand of hedger and the part of pure hedging, and therefore, it could further discuss the meaning of hedge ratio. 二是从理论上认为VaR最优套期比由反映套期保值者投机需求和纯套期保值两部分组成,更深层次地探讨了套期比的含义。
Market traders include hedgers, arbitragers and speculators. The approaches proposed in this paper are mainly for hedger and arbitrager, with little contribution to speculators. 其中,交易者可具体划分为套期保值者、套利者和投机者,而本文的交易策略主要针对套期保值者和套利者,对投机者指导意义不大。