跨期交易

信用是基于各种财产的当期或跨期交易，维护交易双方利益的制度规则。

Credit is a series of rules that preserve the benefit of traders among spot or / and forward transactions .

本文讨论了跨期套利交易的价差风险极小化模型、方法和算法。

In this paper the models , methods and algorithm of minimum risk of price difference in the derivative security market are discussed .

利用协整理论检验了合约之间的均衡关系，并通过获得的协整系数构建跨期套利交易模型。

Cointegration theory to test the equilibrium relationship between the contract and by the cointegration coefficient obtained by building a cross-arbitrage trading model .

跨期套利作为套利交易的一种操作方式，在期货市场上对于价格发现，增加市场流动性，规避风险都有重要的作用，因此研究和倡导套利交易对于发展与稳定期货市场是必要的。

Interdelivery spread as a kind of arbitrage is very important as to the price discovery , market activity and risk management .