期货交易者

由各期货公司形成的我国期货经纪业，是既面对期货交易者又面对期货交易所的中间环节，也是整个期货市场运行的主要载体和不可缺少的关键环节。

Being composed of all the futures firms , Chinese futures broking industry is the intermediate link between the futures trader and the futures exchange , at the same time it is the main agent and indispensable key part of futures market .

美联储基金期货交易者甚至开始打赌秋天美联储即会加息。

Fed fund futures traders even began to bet on Fed rate hikes as soon as this autumn .

指在同一交易日内建立交易部位并在当日交易结束前对冲平仓的期货交易者，是交易所交易池内的普通会员。

Commodity traders , generally members of the exchange on the trading floor , who take positions in commodities and then offset them prior to the close of trading on the same trading day .

期货市场的交易者大都未进行实物交割，而是对市场部位对冲了结。

Most market participants prefer to offset futures positions , rather than to make actual delivery .

注意你的交易头寸上限是受到期货或股票交易者允许的保证金决定的。

Note that your trade size may be capped by the margin allowances for futures traders and for stock traders .

在进行期货交易时，交易者有一不同的曰间交易保证金与隔夜交易保证金。

When trading currency futures , traders have one margin rate for " day " trades and another for " overnight " positions .

期货经纪合同是期货交易者与期货经纪公司签署的、委托期货经纪公司代理期货交易的，约定双方权利义务关系的合同。对于期货交易和期货纠纷的处理都有着举足轻重的作用。

Futures broking contract is a contract signed between futures investor and futures companies , in which the rights and obligations of the two parties are stipulated to entrust the futures broking company to be the agent of the futures transactions .

剩余价值是期货市场的中心。期货交易者是期货市场的核心组成部分，期货交易所、期货经纪公司和期货市场监管部门是围绕他们而运作的，是为他们服务的。

The future traders are the core components of the future market . The future exchanges , the future brokerage companies and the future market supervision and regulation departments center around and serve them in operation .

第二部分阐述了国债期货的定价理论，以及国债期货市场交易者的三种交易行为&套期保值，投机和套利交易的一般原理，阐述了套期保值理论的发展和应用。

The second deals with the theoretical pricing of the national debt futures and the three different kinds of transaction in the market : hedge , speculation and arbitrage .

期货经纪合同是期货经纪公司与期货交易者双方共同签订的、并委托期货经纪公司代理期货交易的，并约定了双方权利与义务关系的一种合同。

Futures contract is the futures brokerage and futures brokerage firm signed by both parties and commissioned agents futures futures brokerage firm , and agreed rights and obligations of both parties in a contractual relationship .

利用期货合约（Futures）进行套期保值（Heding）是期货市场上交易者一种重要的策略，套期保值者也是期货市场十分重要的参与者之一。

It is one of very important strategies for bargainers to use futures contracts to hedge on futures market , and hedgers are also very important in futures market .

他指出，来自浙江的富豪占据了股指期货市场的大半壁江山，而他们中许多都是老练的大宗商品期货交易者。

Wealthy people from Zhejiang province , many of them seasoned commodity futures traders , comprise more than half of the stock index futures market , he says .

由于股指期货定价与股指期货套期保值以及对冲风险都具有很大的关联性，所以对于股指期货的交易者来说，股指期货合约定价是他们最为关心的问题之一。

Because the stock index futures hedging and hedging risk and the pricing of stock index futures has great relevance , Stock index futures pricing readiness is one of the most concerned problems .

中国期货市场是有效的吗？国内外市场的关联对中国期货市场有什么影响？对于上述问题的解答，涉及到目前中国期货市场各类交易者之间相互作用的动态过程。

Are Chinese futures markets efficient ? How does the linkage between domestic and international futures markets influence Chinese futures markets ? To answer the above questions , we explore the dynamic process of traders ' interactions in Chinese futures markets .