远期市场及远期合约的套期保值应用.docVIP

远期市场及远期合约的套期保值应用 摘要：本文主要介绍远期市场、远期合约的特点及价格的决定，以及套期保值定义、原理、目标、效率及应用。远期不能完全避免金融上风险有时甚至可能丧失潜在的收益。一般地签订远期外汇是外汇买卖交易中的企业方在预见到汇率的变动将使自己受到损失时主观上设法把损失降低到最小限度的一种方法它把未确定的损失通过合的方式变成已知的、确定的损失。 Abstract: In this paper we mainly introduce forward market, the character and determinate of price in forward contract. We also investigate the definition, principle, target, efficient and applications of hedging. Forward contract can not avoid the total dealing risk, even worse it can lead to a loss. In general, when the investors anticipate the underlying loss in exchange rate, they write a forward contract, which i