Empirical Study on the Relationship of Commodity Futures with Foreign Exchange and Stock Markets;
商品期货与外汇、股票市场关系的实证研究
This paper uses the main trade contracts of three commodity futures markets in China as the research sb- jects,carries out the empirical analysis on the futures earning ratio by means of unit root test and serial correlation test.
现以我国三个商品期货市场的主要交易品种合约为研究对象,运用单位根检验、序列相关检验对期货收益率进行实证分析,其结果表明我国所有期货品种的价格时间序列满足一阶单整过程,棉花、铜期货品种的收益率时间序列服从随机游走过程,而大豆、豆粕、天胶、硬麦四个期货品种的收益率时间序列存在3阶自相关,我国商品期货市场整体上尚未达到弱式有效。
Using variance ratio test,this study examines the weak form efficiency hypotheses for China s commodity futures markets during 1999-2004.
随机游动模型的方差比率检验方法可以被用于检验中国商品期货市场的有效性程度。
Risk management is crucial to the survival of FCMs .
风险控管为未来期货商生存主要根本.
international commodities physicals and futures
国际商品现货及期货
commodity futures contract
商品期货合约，商品期货合同
futures individual clearing dealer
期货独立结算交易商
Hang Seng Commerce and Industry Sub-index Futures
恒生工商分类指数期货
Commodity Futures Trading Commission (CFTC)
商品期货交易委员会
futures general clearing dealer
期货通用结算交易商
The Models of Commodity Futures Interdelivery Spread and Their Empirical Studies;
商品期货跨期套利模型及其实证分析
Study on China s Commodity Futures Prices Index During the Transition Period;
中国转轨时期商品期货价格指数研究
In times of prosperity, money circulates quickly; during a depression, it circulates slowly.
在商业景气时期,货币流通快;在商业萧条时期,货币流通慢。
The difference between the cash price and the futures price of a commodity.
指某一商品的现货价格与期货价格之间的价差。
The contract states that the supplier will be charged a penalty if there is a delay in delivery.
合同规定如果供货商延误交货期,将被罚款
The Coordination and Development between Future Market and Spot Market for Power Supplies;
发电商电力期货与现货的协调优化及设计开发
A Model to Prevent Spot Transaction Risk for Generation Company by Use of Electricity Futures and Analysis on Calculation Example;
发电商利用电力期货规避现货交易风险模型
Study on the Best Policy for Ordering of the Retailers with Different Ordering Cycles;
不同订货周期的零售商最优订货策略研究
A Study on Vendors Lead Time Decision Model;
基于缩短交货期费用分担的供应商交货策略
An exchange where commodity futures and/or futures options are traded.
一个商品期货和/或者是期货期权买卖的交易场所。
The store was closed for inventory all week.
那家商店因盘货暂停营业一星期。