In one aspect of the invention the futures contract can be further adapted to have no expiry date, and the mark-to-market used to tie the contract to the underlying market. This construction is particularly useful when trading interest rate products, where the interest rate sensitivity of the ...
Understandthecontentsandfeatureofafuturescontract 1 3Understandthefunctionoffutures&options 4 Chapter9Futures&Options KeyTopics 1Futurescontract;（期货交易合同）2Margins;（保证金）3Futuresexchange;（期货交易所）4Options;（期权）5Mark-to-market.（逐日盯市）Textcontents Section9.1FuturestradingSection9.2...
Related to futures contract:futures market ThesaurusAntonymsRelatedWordsSynonymsLegend: Switchtonew thesaurus Noun1.futurescontract- anagreementtobuyorsellaspecificamountof acommodityorfinancialinstrumentat aparticularpriceon astipulatedfuturedate;thecontractcanbesoldbeforethesettlementdate ...
futures和forwards都是衍生品，也就是说他们的价值是从别的标的物上衍生出来的。在forward合约中，一方愿...
For example, one Micro WTI Crude Oil futures contract traded with CME Group, which represents 100 barrels of the U.S. benchmark West Texas Intermediate grade crude, had an initial margin of $930 and maintenance margin of $750 in late 2022. At the oil market price of $80 per barrel (at...
interest-rate future contract可以用来调节portfolio interest ratesensitivity也就是duration。比如说如果manager预期未来interest会增加,那么他就会减少相应的duration;而相反如果预期未来interest会减少,那么就会增加相应的duration。相比于cash market instrument,future market instrument更便宜并且迅速。
2.ThevalueofaFuturescontract The priceofafuturescontractisobservableandobvious.Theconvergenceofthefuturespricetothespotprice（收敛特性）Asthedeliverymonthiscoming,thefutures priceconvergestothespotpriceoftheunderlying.Atthedeliverydate,thefuturespriceisequalorverycloselytothespotprice.FuturesPrice ...
Mark-to-Market in Futures Futures and options on futures are marked-to-market at the end of each trading day, making themSection 1256products. With fair value measured daily, this is reflected in the futures contract price. Marking-to-market refers to the valuing of assets – a process wher...
futures price. Average Daily Volume 平均每日交易量 Average Down 平均值下移 Average Price Call 平均价买入期权 Average Price Put 平均价卖出期权 BBack months 远期月 Bar chart 条形图 Basis 基差 Basis contract 基差合约 Bear 熊市 ( 跌市 ) Bear call spread 熊市购进认购期权跨价组合 Bear market (...
while the buyer or holder could not be required to make subsequent payments to the issuer such as formarginor settlement. The issuer could also not be subject under the derivative contract's terms to mark-to-market margin requirements, and the derivative could not be marketed as commodity futu...