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有期货市场,就有投机出现。虽然期货市场是为套期保值业务而不是为投机业务设置的,但若没有投机者的投机活动,生产经营者就无法在期货市场上利用套期保值技术把价格波动风险转移出去。国外的资料表明,每一份套期保值业务必须有40份左右的投机业务与之配合,套期保值者才能成功地化解价格波动风险。投机业务在期货市场上逢高卖出,逢低买进的文易活动,客观上抑制了价格的波动幅度,这也是期货市场上价格波动相对于现货市场比较平缓的原因之一。而且当大量投机资金在期货市
There are futures markets, there is speculation. Although the futures market is for hedging rather than for speculative business, without the speculation of speculators, producers can not use hedging techniques in the futures market to divert the risk of price fluctuations. Foreign data show that each hedging business must have about 40 of the speculative business with them, hedgers can successfully resolve the price volatility risk. Speculative business in the futures market to sell rallies, bargain hunting buy activity, the objective inhibition of the price volatility, which is the futures market price fluctuations relative to the spot market is relatively flat one of the reasons. And when a lot of speculative funds in the futures market