forward price
简明释义
期货价格
英英释义
例句
1.The forward price agreed upon today will be effective six months from now.
今天达成的远期价格将在六个月后生效。
2.Investors often hedge their risks by locking in a forward price for future contracts.
投资者通常通过锁定未来合约的远期价格来对冲风险。
3.Understanding the forward price can help traders make better investment decisions.
理解远期价格可以帮助交易者做出更好的投资决策。
4.The forward price of the commodity is set to rise due to increased demand.
由于需求增加,商品的远期价格预计会上涨。
5.A higher forward price indicates that the market expects prices to increase in the future.
较高的远期价格表明市场预期未来价格将上涨。
作文
In the world of finance, understanding various pricing mechanisms is crucial for making informed investment decisions. One of these important concepts is the forward price, which plays a significant role in the derivatives market. The forward price refers to the agreed-upon price for an asset that will be purchased or sold at a future date. This price is determined today but applies to a transaction that will occur in the future, allowing both buyers and sellers to hedge against price fluctuations. For instance, consider a farmer who expects to harvest wheat in six months. To protect against the risk of falling wheat prices, the farmer can enter into a forward contract with a buyer. In this contract, they agree on a forward price for the wheat, which guarantees that the farmer will sell the wheat at this predetermined price, regardless of the market price at the time of harvest. This arrangement provides certainty and stability for both parties involved.The calculation of the forward price is influenced by several factors, including the current spot price of the asset, the cost of carry (which includes storage costs, interest rates, and dividends), and the time until the contract's expiration. By taking these elements into account, investors can determine a fair forward price that reflects the expected future value of the asset. Moreover, the forward price is not static; it can change as market conditions fluctuate. For example, if there is an unexpected drought that affects wheat production, the spot price of wheat may rise significantly. However, the farmer who locked in the forward price will still benefit from the original agreement, demonstrating the protective nature of such contracts.Another important aspect of the forward price is its relationship with futures contracts. While both forward and futures contracts are agreements to buy or sell an asset at a future date, futures contracts are standardized and traded on exchanges, whereas forward contracts are customized agreements between two parties. This distinction leads to differences in liquidity, credit risk, and pricing. Futures contracts typically have a transparent forward price determined by market forces, while the forward price of a forward contract can vary based on the negotiation between the involved parties.Understanding the forward price is essential not only for farmers and producers but also for investors and traders in various markets. It allows them to manage risk effectively and make strategic decisions. In a volatile market, where prices can swing dramatically, having a fixed forward price can be a valuable tool in preserving capital and ensuring profitability.In conclusion, the concept of forward price is a fundamental element of financial markets, particularly in the context of hedging and risk management. By grasping how it works and its implications, individuals and businesses can navigate the complexities of market fluctuations more effectively. As we continue to witness changes in global markets, the importance of understanding tools like the forward price cannot be overstated, making it a vital part of any investor's toolkit.
在金融世界中,理解各种定价机制对于做出明智的投资决策至关重要。其中一个重要概念是远期价格,它在衍生品市场中发挥着重要作用。远期价格是指对未来某一日期购买或出售资产所达成的约定价格。这个价格是在今天确定的,但适用于将来发生的交易,使买卖双方能够对抗价格波动。例如,考虑一位预计将在六个月后收割小麦的农民。为了保护自己免受小麦价格下跌的风险,农民可以与买方签订一份远期合同。在这份合同中,他们就小麦的远期价格达成一致,这保证了农民将以这个预定价格出售小麦,无论在收获时市场价格如何。这种安排为双方提供了确定性和稳定性。远期价格的计算受到多个因素的影响,包括资产的当前现货价格、持有成本(包括存储成本、利率和股息)以及合同到期的时间。通过考虑这些因素,投资者可以确定一个公平的远期价格,反映资产的预期未来价值。此外,远期价格并不是静态的;随着市场条件的波动,它可能会变化。例如,如果出现意外干旱影响小麦生产,小麦的现货价格可能会大幅上涨。然而,锁定了远期价格的农民仍然会从原始协议中受益,展示了此类合同的保护性质。远期价格的另一个重要方面是它与期货合同的关系。虽然远期合同和期货合同都是在未来某个日期买卖资产的协议,但期货合同是标准化的并在交易所交易,而远期合同是双方之间的定制协议。这种区别导致流动性、信用风险和定价上的差异。期货合同通常具有由市场力量决定的透明远期价格,而远期合同的远期价格可能会根据相关方之间的谈判而有所不同。理解远期价格不仅对农民和生产者至关重要,对各市场的投资者和交易者同样如此。它使他们能够有效管理风险并做出战略决策。在一个价格可能剧烈波动的动荡市场中,拥有固定的远期价格可以成为保护资本和确保盈利的宝贵工具。总之,远期价格的概念是金融市场的一个基本要素,特别是在对冲和风险管理的背景下。通过掌握其工作原理及其影响,个人和企业可以更有效地应对市场波动的复杂性。随着我们继续目睹全球市场的变化,理解像远期价格这样的工具的重要性不容小觑,使其成为任何投资者工具箱中的重要部分。