套期保值

To minimize or protect against the loss of by counterbalancing one transaction, such as a bet, against another.

两面下注，套期保值两面下注以减少或防止交易的损失

Actively explore the market, make full use of electric power marketing market economy means eluding market risk.

电力企业可以探索电力期货市场开发前景，利用市场竞价模式为电力商品提供一种新的套期保值、规避风险的工具，同时也将为电力企业多方位融资提供了新的渠道。

All of these aspects of risk management, from models to hedges, are important.

从模型到套期保值，风险管理的各个方面都是重要的举措，但另一个风险相关问题，已成为公众对业界衰败讨论的热点：银行家的薪酬。

Those hedges that are available have become much more expensive.

市场上可以买到的套期保值已经涨价。

But this institution overrode the adverse factors in the market and still obtained a big profit by wise hedging investments.

而这家机构通过明智的套期保值克服了不利因素，仍然获得了丰厚的利润。

Because in the last 2 years, it's been the hedge funds and the other speculators in the world have been hearing stories about maybe China will revalue its currency or maybe it will do it later, those hedge funds and those speculators then believe that if they bring their money into China and the currency revalues upward, they make a fast profit.

因为在过去的两年中，那些套期保值基金和其他投机者一直关注诸如中国政府有可能在近期重估人民币价值的消息，于是这些人便认为假如他们把钱投入中国市场，待到人民币升值后，利润便会猛增。

In Chapter Four,a Contract Selection and Assessment Model is used for the first time to measure the change of overall risk of Stock Index Futures Contract, because most of the conventional models for valuating hedging efficiency of Stock Index Futures Contract are based only on reduction of cash price risk.

由于目前度量股指期货合约套期保值效率的模型大多仅仅考虑了现货价格的风险减少，因此在本文第四章中首次提出了一种度量股指期货合约整体风险变化的合约选择与评价模型。

Chapter three focus on the risk-decision mechanism of the hedgers.

期货市场的风险转移功能是通过套期保值交易来实现的。

This paper aims to price futures and to explain the participation degree of the speculators by the risk aversion of the hedgers .

本文的主要目标是从套期保值者风险厌恶的角度为期货定价，并解释投机者的参与程度。

Commodity traders fall into two broad categories: hedgers and speculators.

经营商品的人可分为两大类：做套期保值的人和投机商。

Since historical times,England ,where the early inhabitants were Celts, has been conquered three times .

从有历史以来，英国，在此地早期居住的是凯尔特人，已经被征服了三次。

Bluetooth OBEX File Transfer Enables the sending and receiving of files on your phone via Bluetooth.

蓝牙OBEX文件移动允许经过蓝牙传送和接受文件。。。。