[期货]Chapter 3 The Modern Futures Exchange.pptVIP

Brokers continually to provide indicative?prices which are available through vendor screens. * premier adj.第一的, 首要的 * ring n.环, 环形物, 环状, 铃声, 声调, 打电话, 拳击场 vt.包围, 套住, 按铃, 敲钟 vi.成环形, 响, 鸣, 敲钟, 回响, 按铃 Identification n. 识别, 证实, 核对; 同一, 等同, 恒等; 身分证(明) * Kerb n. (=curb)[英]路边镶边石; 井栏; on the kerb 场外交易, 交易所收场后的买卖 kerb market 场外证券市场 balance n. [商] 收支差额, 结余, 余额 v. 结算 n.资产平稳表 * Session n. 【商】(证券交易等的)一场交易, 一盘交易, 市(股票市场的开市) * instantly adv.立即地, 即刻地 vendor n.卖主, 卖方 Commentary n. –ries 评论；批评；评住; 实况报导 order n. 命令, 定单 * Benefit n. 利益, 好处; 恩惠; 津贴 attach to 认为有(重要性、意义等); 归因于, 适用于 * broker n. 经纪人 indicative price 指示性价格 there and then (=then and there) 当时当地 * indicative adj.(～ of) 指示的, 预示的, 可表示的 * quote vt. 提供, 提出, 报(价) Prospective adj. 未来的；盼望中的; 预期的 indicative price 指示性价格 credit n.信任, 信用, 银行存款 * era n.时代, 纪元, 时期, [地]代 tin [tin] n.[化]锡 bronze n.青铜(铜与锡合金) * invaluable [简明英汉词典] adj.无价的, 价值无法衡量的 * Lot n. 签, 抽签, 中签; 运气, 命运; 份儿, 负担的部分; (货物, 商品等)一堆, 一批, 一组, 一套; 一块地方; 许多, 大量 cathode n.阴极 * mung bean [植]绿豆 * helm n.舵 * liquidity n.流动性, 流畅 Wheat Contract Specifications Underlined Product: Wheat Trading Unit: 10 tons / lot Quotation Unit: Yuan(RMB)/ ton Tick Size: 1 yuan / ton Delivery Method: Physical Delivery Symbol: WT Listing Exchange Zhengzhou Commodity Exchange Wheat Contract Specifications Cotton No. 1 Futures Contract Specs ?Contract Size:? 5 TS ? Price Quote:?Yuan (RMB)/T? Tick Size:?5 Yuan (RMB)/MT? Daily Price Limit:?4% above or below the previous trading days settlement price. Settlement price Settlement price is the average price of a futures contract weighted by trading volumes on any trading day; if there is no a trading price on any trading day, settlement price shall be that of the previous trading day. Cotton No. 1 Futures Contract Specs ?Contract Months:?Jan, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct , Nov and Dec Trading Hours:?9:00-11:30 a.m. 1:30-3:00 p.m. Beijing time, Mon-Fri?Last Trading Day:?The tenth business day of the delivery month. Yuchen Zhu, Preside