查询词典 futures

Jiang Yang said that in recent years the face of energy, resources, the bulk of the extreme fluctuation in commodity prices, a growing number of companies and investment banks, hedge funds and other institutions to make use of futures market in the allocation of assets and management of risks, global commodity futures market structure and functions of profound changes in the futures market influence greatly enhanced, in the development of commodity futures market position than ever, the gradual deepening of market functions, and its economic stability in the promotion of healthy operation, to safeguard national energy security, food security , financial and economic security, such as the important role of all aspects of growing concern by the market and look forward to.

姜押嗯说，近年来，面对能源，资源，初级商品价格下滑，公司和投资银行，对冲基金及其他机构越来越多的剧烈波动，大部分要利用期货市场在资产风险管理和分配，全球商品期货市场结构和期货市场的深刻变化功能的影响大大增强，在商品期货市场中的地位比以往任何时候的发展，市场功能逐步深化，其经济稳定在推广的健康运行，维护，如对日益增长的市场关心的所有方面的重要作用，国家的能源安全，粮食安全，金融和经济安全，并期待着。

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。

The Commodity Futures Modernization Act of 2000, which was signed into law on December 21, 2000, amended the Commodity Exchange Act to provide that only certain regulated entities may offer off-exchange foreign currency futures and options contracts to retail customers.1 Under the CFMA, registered futures commission merchants and their affiliates are among the entities that may offer forex contracts to retail customers.2 As described below, NFA Bylaw 306 creates a Forex Dealer Member category for certain NFA Members who act as counterparties to forex transactions with retail customers.3 This category allows NFA to exercise appropriate regulatory jurisdiction over the retail forex activities of these Members without imposing unnecessary, and potentially duplicative, regulatory burdens on Members that are otherwise subject to regulatory oversight for their activities.

于2000年12月21被写进了法律的2000版期货现代化法案，修正了CEA并规定：只有某些确定的受监管的实体能够向零售客户提供场外外汇期货和期权和约的交易。1、在CFMA下，注册期货代理商和他们的支部在这些实体之内；2、如下所述，NFA第306条规则列出了外汇交易商的类别；3、这个类别允许NFA对其行使适当的监管权限。

Article 13 Personnel of a futures exchange shall not, during their term in office or within one year after leaving employment with the futures exchange, hold any post in any member unit of that futures exchange.

第十三条期货交易所的工作人员在任职期间或者离开期货交易所未满一年的，不得在该期货交易所的会员单位任职。

Personnel of a futures exchange shall not, during their term in office or within one year after leaving employment with the futures exchange, hold any post in any member unit of that futures exchange.

期货交易所的工作人员在任职期间或者离开期货交易所未满一年的，不得在该期货交易所的会员单位任职。

To eliminate the negative effect on the development of futures market, we should amplify sustainable development theory into futures market in the height of country benefit, to exploit futures resource in reason, to enhance market stable function and to realize futures market's sustainable development and it is a necessitous task.

为了减少和消除上述因素对期货市场发展的负面影响，更好的发挥期货市场在国民经济运行中的作用，站在国家、民族利益的高度去认识期货市场，把可持续发展理论引入到期货市场，探寻其发展的客观规律，合理开发和利用期货资源，促使市场平稳运行及良性循环，从而实现期货市场的可持续发展，是一项十分必要和紧迫的任务。

Meanwhile, the index futures hedge theory has also get a further development, which evolves from traditional hedge theory, the selectivity hedge theory and modern hedge theories. After analyzing the merits and shortcomings of the three theories, the paper mainly studies four minimum square hedge theory models, which are The traditional static OLS model, VECM model, one variable GARCH(1, 1) model and one variable GJR-GARCH(1, 1, 1) model. Established on September 8th in 2006, China Financial Futures Exchange initiated a new era of our country finance ramification-- index futures, opening a door for the China futures industry.

而股指期货的套期保值理论也随之得到长足发展，历经传统套期保值理论、选择性套期保值理论和现代套期保值理论，本文在分析三大理论优缺点的同时，着重研究现代套期保值理论即最小方差避险理论的四种模型：传统静态OLS模型、VECM模型、单变量GARCH(1，1)模型、单变量GJR—GARCH(1，1，1)模型。2006年9月8日，中国金融期货交易所的成立，掀开了我国金融衍生品种股指期货的新纪元，迎来了中国期货行业发展的机遇期。

As the futures' material expression and operating axis, Futures Exchange is very important and foundational to the hole futures sound developing, so establishing and perfecting the legal supervision institution of Futures Exchange is the premise and guarantee to normalize domestic futures.

期货交易所作为期货市场的物质载体和运作枢纽，对期货市场整体的健康发展起到基础性的至关重要的作用，因此建立和完善期货交易所的法律监管制度是我国期货市场规范发展的前提和保障。

China Stock Index Futures Research Center through the mainland stock index futures market research found that the lack of individual protection measures, such as from the first phase of the management of the parties and the market launch of stock index futures preparations watch, despite the risk of education, institution building, as well as stock index futures Simulation of a series of transactions, but we have not found one has for small and medium-sized retail, especially with regard to protection of small and medium-sized retail system.

中国股指期货研究中心通过大陆市场调研发现股指期货缺乏散户保护措施，比如从第一阶段管理层与市场各方对股指期货推出的准备工作看，虽然进行了风险教育、制度建设，以及股指期货的仿真交易等一系列的工作，可我们却在其中没有发现有针对中小散户、特别是有关中小散户保护的相关制度。

The labia have now been sutured together almost completely.The drains and the Foley catheter come out at the top.

此刻阴唇已经几乎完全的缝在一起了，排除多余淤血体液的管子和Foley导管从顶端冒出来。

To get the business done, I suggest we split the difference in price.

为了做成这笔生意，我建议我们在价格上大家各让一半。