期货

This paper examines the price discovery process and information transmission between Taiwan stock index futures contracts、Mini Taiwan index futures contracts and underlying spot index, using a modification of Hasbrouck's （1995）"information share" market microstructure model.

中文摘要本研究使用 Hasbrouck（1995）所提出的资讯比例市场微结构模型，探讨台股期货契约、小型台指期货契约以及台股现货三者之间的价格发现过程与资讯传递现象。

The hedger would either buy or sell futures as the first position.

可通过买进或卖出期货合约来建立第一个期货市场头寸。

That daily turnover in the currency futures is higher relative to open interest (the number of futures contracts that are open at the end of a session) than in the currency options suggests currency futures are more a speculator's market, whereas the option market may be more a hedger's market.

每天貨幣期货的流通量相对于未平仓合约(在季底依然開放的未來合約數量)，比货币期权要高。。。這表明货币期货，相較之下，是一個投机者的市場，而货币期权則是避險的市場。（短线交易者比较多，所以投机成分大）责任编辑：admin

The benchmark prices for soyabeans delivered in January rose on Friday to a 34-year high of $11.64 a bushel, while rice, also for January, has jumped to an all-time high of $13.310 a hundredweight.

明年1月交割的大豆期货基准价格升至每蒲式耳11.64美元，创34年新高；同样于1月份交割的糙米期货基准价格更是创下了每英担13.310美元的历史新高。

Thebenchmark prices for soyabeans delivered in January rose on Friday to a34-year high of $11.64 a bushel, while rice, also for January, hasjumped to an all-time high of $13.310 a hundredweight.

明年1月交割的大豆期货基准价格上周五升至每蒲式耳11.64美元，创34年新高；同样于1月份交割的糙米期货基准价格更是创下了每英担13.310美元的历史新高。

Fourth, we introduce the manipulation episodes in Chinese commodity futures market briefly, and analyze the representative cornering and squeezing events, including the longs squeeze the shorts and the shorts squeeze the longs.

然后，简要介绍了我国期货市场逼仓事件发生的概况，并对我国期货市场主要逼仓事件进行综合分析，包括典型的"多逼空"和"空逼多"事件的回顾与反思。

Commonly held to mean the price of a commodity for future delivery that is traded on a futures exchange.

1通常指在期货交易所交易的在未来进行交割的某一商品的价格；一期货合约的价格。

The New York Mercantile Exchange is strong in commodities trading.

纽约期货交易所则是期货交易方面的中坚力量。

Secondly, it uses improved Cost of Carry Theory to open out the function relation between futures price and futures exchange expense and the fluctuant of the cost of carry.

二是用改进的持有成本理论揭示了期货价格与期货交易费用、持有成本波动的函数关系。

Have you ever made an oral or written complaint regarding a past commodity futures, currency or securities account or do you have pending litigation, disputed accounts, or other unresolved matters with any currency Interbank, futures or securities roker?

你是否曾经口头或书面起诉过期货、货币或证券帐户，或与银行、期货或证券代理商还有未结的诉讼、有争议的帐户或其他未结的事宜？是否

Life. But the intrinsic way of the Internet by wire confines accessing and using of the network information.

然而，Internet固有的有线连接方式大大限制了人们对网络信息的访问和使用。

I have a strong persuasion that this is true .

我坚信这是正确的。