现货交易

This rate shows, national debt is avoided close appear on the market cost, enterprise, debenture and capital negotiable securities change the of short duration such as the product to avoid collection to appear on the market cost, negotiable securities of bond merchandise on hand, capital changes a product to trade commission does not clinch a deal more than 0.2% of amount.

该收费标准显示，国债免收上市费，企业、公司债券以及资产证券化产品等暂免收取上市费，债券现货、资产证券化产品交易佣金不超过成交金额的0.2%。

But financial speculation forced the futures price of some commodities well above the spot level, an unusual phenomenon known as "contango".

但是受投机交易影响，期货价格远高于现货水平，这个就是不常见的期货益价现象。

In general, this paper includes several parts, shown as the following: The first part summarizes the background and outline of stock index future and introduce briefly its local status and CSI 300 stock index future contract. The second part has a retrospect of the main academic papers of both local or overseas, and also a discussion of relevant hedge strategies and models, to lay a solid theoretical foundation for the empirical analysis and test for the operation process of hedge in latter parts. The third part outlines the principle, key factors and real operation process of hedge. Moreover, it makes a empirical analysis on popular hedge models with HK Hang Seng index. In the end, it test the hedge effect of trading on IF0706, CSI 300 stock index future contract, with CCB select-growth securities fund as present underlying. The fourth and also the last part, explores how to define hedge ratio in china mainland market. It includes the stability test ofβfor local securities portfolio, adjustment of historicalβand best data length for estimation of historicalβ, etc. Also, the thesis makes some beneficial experiments on the definition of best data length for estimation of historicalβ, survey of fashion forβand variation for industryβs. Fortunately, it's got some meaningful results.

按照以上研究思路，本论文论述由以下几个部分构成：第一部分，简要概述股指期货产生的背景和基本情况，对国内股指期货进程和沪深300股指期货合约进行简单介绍；第二部分，回顾海内外股指期货避险研究的主要文献，讨论相关避险策略及避险模型，为后面套期保值策略如何有效运用的实证分析和检验提供理论基础和依据；第三部分，对套期保值的原理、关键因素及实际流程进行概述，并采用香港恒生指数对常用的几种避险模型进行实证分析，最后一揽子以建信优选成长股票型基金为现货标的，实际检验以沪深300股指期货模拟交易IF0706产品进行对冲时的套期保值效果；第四部分，探讨国内确定避险比率的过程，包括国内股票组合β值的稳定性检验、历史β值的修正及估计历史β值的最佳数据长度等，通过数据分析，本文在寻找估计β值的最佳数据长度和考察风格、行业β值的差异上做了较为有益的尝试，并得到了有助于现实操作的结果。

The current market price for a spot transaction.

进行即期交易的现货市场价格。

When we received a large amount of order of the same item, we will 'order and ship' by 'first-come, first-serve' basis. When all available orders are shipped for same item, it may take up to additional 20-30 days before we receive next shipments. Sometimes our suppliers can also be out-of-stock (this rarely happens, but it can!) in further hindering the ship time of products. If you cannot and not willing to accept this type of sales, please do not order and not to cause any further confusions!!

如果我们的货单很多，我们将会依照汇款或下标顺序出货，所以只有最早汇款的几位贵客可以马上收到货，现货寄完其余的贵客就必须等追加约20-30天，才能到货，甚至也有可能出现厂商临时出状况而追加失败的情形(这种情况比较少，但还是有可能发生)，所以请可以接受以上状况和愿意等的贵客再下标，无法接受请千万不要下标，以免造成交易上的误会与不愉快喔！！

Trading in the Forex market on a cash, spot or forward basis is not suitable for all investors.

现金、和约现货、远期外汇交易并不是适合所有的投资者。

Working knowledge of foreign exchange markets, including cash market, spot market, forward market, currency futures market, and currency options market.

同时，这门课程的内容还涉及许多外汇市场的实务交易，包括现货市场、即期市场、远期市场、外汇期货市场和期权市场的相关知识。

From the perspective of notes receivable, household electrical appliance enterprises and national settlement between the United States are the basic bank acceptance bills of exchange, but also for large enterprises, the basic household appliances are "spot cash", that is, in delivery to pay bills, bank acceptance bills of exchange as "cash."

家电企业与美国国家解决的基本银行承兑汇票的交流，而且为大型企业，基本的家用电器是"现款现货"，即是，在交付支付账单，作为"现金交易的银行承兑汇票。"

The likelihood of a structural change to price iron ore sales based on spot prices rather than annual benchmark settlements comes a year after the launch of the first cash-settled ore swap by Credit Suisse and Deutsche Bank.

瑞士信贷和德意志银行一年前推出了第一份现金结算的铁矿石掉期交易合约，目前，铁矿石定价出现了结构性变化的可能性--即基于现货价格而不是年度基准协议价格。

Mr Wessel has an eye for enlivening detail (a deal between the Feds and Subway restaurant, for instance, ensured a ready supply of sandwiches); and he has a knack for making finance accessible to the layman without boring the specialist.

维瑟尔先生对生动的细节（如，美联储与赛百味餐馆的达成交易，确保三明治现货供应）颇为关注；他有独特的叙述技巧，既使外行觉得金融浅显易懂，又不致使专业人士对此感到枯燥无味。

However, as the name（read－only memory）implies, CD disks cannot be written onorchanged in any way.

然而，正如其名字所指出的那样，CD盘不能写，也不能用任何方式改变其内容。

Galvanizes steel pallet is mainly export which suits standard packing of European Union, the North America. galvanizes steel pallet is suitable to heavy rack. Pallet surface can design plate type, corrugated and the gap form, satisfies the different requirements.

镀锌钢托盘多用于出口，替代木托盘，免薰蒸，符合欧盟、北美各国对出口货物包装材料的法令要求；喷涂钢托盘适用于重载上货架之用，托盘表面根据需要制作成平板状、波纹状及间隔形式，满足不同的使用要求。