introduction
Terminology analysis
- investor 投资人
- Borrower 借钱人
- financial markets 金融市场
- Money markets (short-term)货币市场
- Capital markets (long-term) 资本市场
- Derivatives 衍生金融产品
- hedge risk 规避风险
- Speculating through derivatives 通过衍生品投机
- Forwards
- Private agreements where the buyer commits to buy, and the seller commits to sell.
远期 - 买方承诺购买的私人协议,卖方承诺出售。
- Private agreements where the buyer commits to buy, and the seller commits to sell.
- Futures
- Standardized forms of forwards that trade on exchanges.
期货 - 交易交易的标准化形式。
- Standardized forms of forwards that trade on exchanges.
- Options
- Give the holder the right to buy or sell the underlying asset on a fixed date in the future.
期权 - 赋予持有人将来在固定日期购买或出售基础资产的权利。
- Give the holder the right to buy or sell the underlying asset on a fixed date in the future.
- Swaps
- Contracts through which two parties exchange streams of cash flows.
掉期 - 两党通过的合同交换现金流。
- Contracts through which two parties exchange streams of cash flows.