期货

The innovations in this thesis are:(1) based on the literature of futures markets, the reason that futures markets was invented, the basic theory of futures markets function and hedger' s risk-decision are reviewed thoroughly and deeply.

对期货市场的价格发现机制进行研究，提出了价格发现是成熟的期货市场的产物，它是期货市场风险回避功能的派生功能，具有公共产品的性质。

In 8 April, in 2005, the opening of our country unit index will be the foundation of the stock index futures, and we should learn the foreign experiences to develop our stock index futures to help the healthy development of our financial market.

2005年4月8日，全国统一指数的推出已经为股指期货的开展奠定了基础，我们应该借鉴国外股指期货发展的经验，积极开发我国的股指期货市场，来推动整个金融市场健康有序的发展。

In this paper, we improve the EWMA Futures Margin based on normal distribution assumption and propose a new model of futures margin based on skewed EWMA estimator which based on the asymmetric laplace distribution that is sound to capture leptokurtosis and fat-tail.

本文是对建立在正态分布假设的EWMA期货保证金模型的改进。文中引入基于非对称Laplace分布发展起来的有偏型EWMA方法，建立了新的期货交易保证金模型，较好地反映了期货合约价格序列有偏、厚尾的现象。

Futures above-mentioned company managers said,"mandatory general positions by futures-strong company, but this is the case, limit all the way, did not pay the bill, it can not ping, a number of companies in addition to futures Look forward to warmer outside the plate, can not do anything."

期货上述公司的经理说："由期货强制性的基本立场，强烈的公司，但这种情况下，限制所有的方式，没有支付帐单，它不能平，一些公司除了期货展望温暖的外板，不能做任何事情。"

Stock index futures is one of financial futures; It is based on the price of stock index futures.

股指期货属于金融期货的一种，是以股票市场的股票价格指数为标的物的期货合约。

In China, the futures market is an important part of the whole market economy ,and the management of futures market is unmature , it should be a sound addition to the duties of government's mornitoring and supervision and pay special attention the construction of the self-regulatory system .

在我国，期货市场是整个市场经济中的重要组成部分，完善尚未成熟的期货市场的管理，除应健全政府监管部门的职责外，还应特别注意期货市场法律体系的建设自我监管体制的建设。

As the organizer of the future settlement service, The clearing house plays an important role in the settlement risk management.

本文首先逐一分析了这些因素对期货结算的影响，对期货结算风险产生的原因，及期货结算风险管理做了概括性的研究。

Combined with the financial futures theory , accounting of corporation engaged in IRFs is further discussed .And four kinds of IRFs transaction including speculation , spread , arbitrage and hedge are studied in detail. Accounting of arbitrage and accounting of spread , which are often ignored by most research on the derivative financial instruments accounting , are also studied .

对利率期货投资企业会计，在现有衍生金融工具会计的研究中，大多对套利交易、套购交易会计问题采取存而不论的态度，本文按照交易方式将利率期货交易进一步分为利率期货纯粹投机交易、套利交易、套购交易和套期保值交易四部分进行了尝试性的讨论。

Stock Index Futures hereinafter referred to as stock index futures〕 is a stock price index as the subject matter of financial futures contracts.

股票指数期货（以下简称股指期货〕是一种以股票价格指数作为标的物的金融期货合约。

Start stock index futures, stock index futures is a stock price index as a subject matter of the financial futures contracts.

启动股票指数期货，股票指数期货是作为金融期货合约标的股票价格指数。

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。