即futures price是一个鞅,其期望值等于spot price。 但是同样的结论对于forward price并不成立,即一般情况下EQ[F(t,T)]≠S(t)。这是由于远期作为一种场外衍生品合约,现金流仅发生在到期日T。为了避免出现套利机会,以forward price为参考价格的远期合约在任何时刻的价值,即风险中性期望均为0,也就是 ...
The spot price is thecurrent pricein the marketplace at which a given asset—such as a security, commodity, or currency—can be bought or sold for immediatedelivery. While spot prices are specific to both time and place, in a global economy the spot price of most securities or commodities ...
The spot price is usually below the futures price. The situation is known as contango. Contango is quite common for non-perishable goods with significant storage costs. On the other hand, there isbackwardation, which is a situation when the spot price exceeds the futures price. In either situa...
The spot price is thecurrent pricein the marketplace at which a given asset—such as a security, commodity, or currency—can be bought or sold for immediate delivery. The futures price is an agreed-upon price in a contract (called afutures contract) between two parties for the sale ...
Henry Hub Natural Gas Spot Price is at a current level of 3.86, down from 4.43 the previous market day and up from 1.52 one year ago. This is a change of -12.87% from the previous market day and 153.9% from one year ago. The Henry Hub Natural Gas Spot Price measures the price in...
1) futures price and spot price 期现货价格 1. The price discovery function of futures market is reflected by the guidance relationship betweenfutures price and spot price. 本文结合与加拿大的参照对比,采用协整检验、格兰杰因果检验和方差分解方法分析我国菜籽油期现货价格和加拿大油菜籽期现货价格的关联性,得...
Futures price and spot price 翻译结果4复制译文编辑译文朗读译文返回顶部 Futures prices and spot prices 翻译结果5复制译文编辑译文朗读译文返回顶部 Forward price and spot price 相关内容 a向着自己的梦想去努力吧!相信自己会成功的! 正在翻译,请等待...[translate] ...
changes. Therefore, we expanded the original data by 100 times, and used APPA100 to represent the trend of the spot price of apples. We obtained a total of 903 sample data to study the relationship between apple futures price and spot price with the aid of Eviews 8.0 measurement software....
Unbiased estimation,price discovery and market efficiency:Relationship between futures prices and spot prices无偏估计,价格发现与期货市场效率——期货与现货价格关系期货市场价格发现无偏估计市场效率对期货价格和现货价格关系中长期存在的理论和实证研究误区进行了分析与澄清,从理论上证明了在一般情况下期货价格不是未来...
Settlement price: The price just before the final bell each day –used for the daily settlement process Volume of trading: The number of trades in one day Key Points About Futures They are settled daily. Closing out a futures position involves entering into an offsetting trade. ...