variation margin

简明释义

价格变动押金

英英释义

例句

1.The broker notified the client about the need to deposit additional funds as the variation margin 变动保证金 was triggered by market fluctuations.

经纪人通知客户，由于市场波动触发了变动保证金 variation margin，需要存入额外资金。

2.The clearing house requires all participants to maintain adequate variation margin 变动保证金 to mitigate counterparty risk.

清算所要求所有参与者维持足够的变动保证金 variation margin 以降低对手方风险。

3.To maintain their position, traders must regularly monitor their variation margin 变动保证金 requirements.

为了维持他们的头寸，交易者必须定期监控他们的变动保证金 variation margin 要求。

4.A sudden drop in asset prices can lead to a call for variation margin 变动保证金, forcing investors to act quickly.

资产价格的突然下跌可能会导致对变动保证金 variation margin 的要求，迫使投资者迅速采取行动。

5.During periods of high volatility, the variation margin 变动保证金 requirements may increase significantly.

在高波动性时期，变动保证金 variation margin 的要求可能会显著增加。

作文

In the world of finance and trading, the concept of risk management is paramount. One crucial aspect of this is the handling of margin requirements, particularly the notion of variation margin. The variation margin refers to the additional funds that must be deposited to cover the fluctuations in the value of a financial instrument. This is especially relevant in derivatives trading, where the market values can change rapidly and significantly, leading to potential losses for traders. Understanding how variation margin works is essential for anyone involved in trading or investing in financial markets.When a trader enters into a derivatives contract, they typically post an initial margin, which is a percentage of the total value of the contract. However, as the market moves, the value of the contract can either increase or decrease. If the value decreases, the trader may face a situation where their equity falls below the required maintenance margin level. In such cases, the broker will issue a margin call, requiring the trader to deposit additional funds, known as variation margin, to bring their account back up to the required level.The purpose of variation margin is to ensure that all parties in a trading agreement have sufficient collateral to cover potential losses. This mechanism helps maintain market stability and reduces the risk of default. For instance, if a trader fails to provide the necessary variation margin, their positions may be liquidated by the broker to prevent further losses. This highlights the importance of maintaining adequate liquidity and being prepared for market volatility.Moreover, the calculation of variation margin is based on the daily mark-to-market process. This means that the value of a trader’s positions is assessed at the end of each trading day, and any profits or losses are realized. If the market value of the trader's position has decreased, they will need to cover the loss with variation margin. Conversely, if the position has gained value, the trader may receive a credit to their account. This daily adjustment process ensures that the margin requirements are always aligned with the current market conditions.In summary, the concept of variation margin plays a vital role in the landscape of trading and investment. It acts as a safeguard against market fluctuations, ensuring that traders maintain sufficient capital to support their positions. By understanding the implications of variation margin, traders can better manage their risk and make informed decisions in their trading strategies. As financial markets continue to evolve, the significance of effective margin management, including the use of variation margin, will remain a key component in successful trading practices.

在金融和交易的世界中，风险管理的概念至关重要。其中一个关键方面是处理保证金要求，特别是变动保证金的概念。变动保证金指的是必须存入的额外资金，以覆盖金融工具价值的波动。这在衍生品交易中尤为相关，因为市场价值可能迅速和显著地变化，导致交易者可能面临损失。理解变动保证金的运作方式对任何参与金融市场交易或投资的人来说都是至关重要的。当交易者进入衍生品合同时，通常会支付初始保证金，这是合同总值的一定百分比。然而，随着市场的波动，合同的价值可能会增加或减少。如果价值下降，交易者可能会面临其权益低于所需维持保证金水平的情况。在这种情况下，券商将发出保证金追缴通知，要求交易者存入额外资金，即变动保证金，以使其账户恢复到所需水平。变动保证金的目的是确保交易协议中的所有各方都有足够的抵押品来覆盖潜在的损失。这一机制有助于维持市场稳定，降低违约风险。例如，如果交易者未能提供必要的变动保证金，其头寸可能会被券商平仓，以防止进一步的损失。这突显了保持足够流动性和为市场波动做好准备的重要性。此外，变动保证金的计算基于每日的市值调整过程。这意味着在每个交易日结束时，会评估交易者头寸的价值，并实现任何利润或亏损。如果交易者头寸的市场价值下降，他们需要用变动保证金来覆盖损失。相反，如果头寸增值，交易者可能会收到账户的信用。这一每日调整过程确保了保证金要求始终与当前市场条件保持一致。总之，变动保证金的概念在交易和投资的领域中发挥着重要作用。它作为市场波动的保护措施，确保交易者维持足够的资本以支持他们的头寸。通过理解变动保证金的影响，交易者可以更好地管理风险，并在交易策略中做出明智的决策。随着金融市场的不断发展，有效保证金管理的意义，包括使用变动保证金，将继续成为成功交易实践的关键组成部分。