MODERN HEDGING FOR EVERYONE
来源期刊:有色金属工程1983年第1期
论文作者:Basil Venitis
文章页码:87 - 88
摘 要:<正> The business world is entering a new period which might well be called the Era of Hedging. Hedging is the arbitrage between futures and their corresponding spot commodities, financial instruments, or services. The modern hedger not only seeks protection from price fluctuations, but also tries to profit from the variations of basis, and speculates on the basis variation by placing and lifting the hedge several times on part of his inventory.
Basil Venitis
摘 要:<正> The business world is entering a new period which might well be called the Era of Hedging. Hedging is the arbitrage between futures and their corresponding spot commodities, financial instruments, or services. The modern hedger not only seeks protection from price fluctuations, but also tries to profit from the variations of basis, and speculates on the basis variation by placing and lifting the hedge several times on part of his inventory.
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