现货

System Home, policies and regulations, data reporting, domestic stock, international stock international futures domestic futures composite indicator to monitor local information common sense.

系统首页，政策法规，数据上报，国内现货，国内期货。国际现货。国际期货。地方信息。综合指标。

In the calculation of futures costandard matrix, we use the MVGARCH model to reflect the cash's influence on the futures and the nonlinear changing of futures and cashes, thus the accuracy of hedge ratio would be inhanced, and we provide a new thought to solve the cross hedging ratio.

通过多元GARCH模型在计算期货合约的协方差矩阵的同时考虑了现货对期货的影响，反映了期货与现货收益率的非线性变化，提高了套期保值比率计算的精度，提供了交叉套期保值比率确定的合理思路。

In the calculation of futures costandard matrix, we use the MVGARCH model to reflect the cashs influence on the futures and the nonlinear changing of futures and cashes, thus the accuracy of hedge ratio would be inhanced, and we provide a new thought to solve the cross hedging ratio.

通过多元GARCH模型在计算期货合约的协方差矩阵的同时考虑了现货对期货的影响，反映了期货与现货收益率的非线性变化，提高了套期保值比率计算的精度，提供了交叉套期保值比率确定的合理思路。

First of all, shipping prices, most of China's steel demand to adopt a charter, signed a long single lock little cost, often outside the mine during the negotiations period to buy a large number of vessels, raise the sea-freight, driving up spot prices of iron ore; The second is to control the supply of cash, take advantage of China's steel market season, creating panic in short supply, is expected to raise prices; third, to promote intra-industry mergers and acquisitions, raise the ore concentration, grasp the initiative in the negotiations; Fourth, the use of exchange rate fluctuations The key point to find the best object of negotiations.

首先是海运价格，中国钢厂大部分采用即期租船，很少签长单锁定成本，外矿往往会在谈判期间买入大量期船，抬高海运费，从而抬高铁矿石现货价格；其次是控制现货供应量，利用中国钢材市场旺季来临，制造供应短缺恐慌，提高涨价预期；第三，推动行业内部并购，提高矿石集中度，掌握谈判主动权；第四，利用汇率变动的关键点，寻找谈判最佳对象。

A forward contract is a contract to buy or sell a specified quantity of currency at a

市场现货合约是现货市场交易立刻买或卖货币的一个指定的数量，没有在第二天直

Commonly used products: Brass wire, including zinc line, polishing lines, filters, ion exchange resins, conductive block, wire mold, insulation board, guide pulley, bearings, water spray nozzles, descaling agent K200, KC12, eye discharge mode discharge brass, discharge chucks, belts as well as a strong magnet, clamp, charge plates, screws, etc. have the cash, and other great products: Tension brushless motor, sets up nose snakes belly, auxiliary sprinkler head, cluster-type sprinkler head Block, Block, and the mother spray, sprinkler head connected·, sprinkler head covered by panels, round round of vice-axis spindle, folder line wheels, power wheels, flow meter, electric plate fixed to the pad, round round, wire wheels, gears, axle win hearts catheter, vertical meter cable, pole lines, grounding line, guide line wheels, micro switch, on the nose, eyes mold base, the wheel seat, rectifier ring, nose mounting insulation, automatic threading catheters, eye mold base assembly, pressure gauge and chuck ER group, eyes fixed mold plate and so have the cash or stock.

常用产品：黄铜线、包锌线、抛光线、过滤器、离子交换树脂、导电块、导丝模、绝缘板、导轮、轴承、喷水嘴、除锈剂K200、KC12、放电眼模、放电铜管、放电夹头、皮带以及强力磁石、夹具、押板、螺丝等均有现货，其他非常用产品：张力马达碳刷、上机头蛇腹套、辅助喷水头、子母型喷水头喷座和母座、喷水头连接铜环、喷水头盖板、出线轮主轴副轴、夹线轮、强力轮、流量计、给电板固定垫、出线轮、引线轮、齿轮、出线轮轴心、导管、垂直度计连接线、极间线、接地线、引导线轮、微动开关、上机头、眼模座、滚轮座、整流环、机头绝缘固定座、、自动穿线导管、眼模座总成、压力表以及ER夹头组、眼模固定板等有现货或备货。

The Client hereby acknowledges that he shall have sufficient knowledge in computer or other field to operate the Internet Precious Metals and FX Trading Services properly and ensure the computer or other devices of the Client functioning properly and the Dealer shall not be responsible for any loss arising from improper function of the computer or other devices and improper operation on the part of the Client

将只按照本补充协议，客户协议及交易商不时提供给客户的用户指南所规定的指示和程序使用网上贵金属现货及外汇买卖服务；客户须确保其有足够的电脑或其他知识，适当地操作及使用网上贵金属现货及外汇买卖服务，及其电脑及其他工具运作正常，任何由於客户操作不当引起的损失，交易商概不负责。

That he shall logoff the Internet Precious Metals and FX Trading Services immediately following the completion of each transaction.

客户在完成每次网上贵金属现货及外汇买卖后，应立即退出网上贵金属现货及外汇买卖服务。

A spot contract is a cash market transaction to buy or sell immediately a specified quantity of currency, for physical settlement in no more than two days.

市场现货合约是现货市场交易立刻买或卖货币的一个指定的数量，没有在第二天直接交易。

A spot contract is a cash market transaction to buy or sell immediately a specified quantity of currency, for physical

市场现货合约是现货市场交易立刻买或卖货币的一个指定的数量，没有在第二天直

With the development of highway construction, the speed of cars has been gradually increased.

随着公路的发展，汽车的车速也在不断提高。

So we basically had to develop a bond with the animal in terms of socializing with it.

所以我们就主要想通过跟它沟通的方式来建立一种良好的关系。