衍生期货市场风险分析.pptVIP

Dr. Mo Ahmadzadeh Senior Vice President, Metals dr.mo@ 8th Shanghai Derivatives Market Forum May 28th – May 29th, 2011 Risk Management in Volatile Futures Markets LOKO EFTue Inc. | Disclaimer Commodity trading involves risks, and you should fully understand those risks prior to trading. EFTue Group, Inc., LOKO EFTue, Inc., and their affiliates assume no liability for the use of any information contained herein. Neither the information, nor any opinion expressed shall be construed as an offer to buy or sell any futures, options on futures contracts, or OTC products. Past financial results are not necessarily indicative of future performance. Any examples given are strictly hypothetical and no representation is being made that any person will or is likely to achieve profits or losses similar to those examples. References to and discussions of exchange traded products are made solely on behalf of EFTue, LLC. References to and discussions of OTC products are made solely on behalf of LOKO Hanley, LLC, and OTC products are only available to eligible counterparties. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy. Any opinions expressed herein are subject to change without notice. Reproduction or use in any format without authorization is forbidden. All rights reserved. Agenda China Today: Impact of the 12th 5 Year Plan Evolution of Financial Markets Derivatives Key issues to address in risk management LOKO EFTue’s approach to risk: IRMP structured products 和谐社会 ?包容性增长 ?民富国强 The 12th 5 Year Plan incorporates guidelines to build a ”harmonious society” where “inclusive growth” leads to “wealthy people in a strong state” Plan objectives include raising real wages, increasing the dividends from state owned industry and raising government spending on consumption services in health care , education and housing. The implication is that greater domestic consumption will lower