对冲平仓

本文对期货结算风险的定义是期货结算机构在结算过程中面临的不确定性，而结算过程是指期货交易撮合登记后至合约交割或对冲平仓前的阶段。

In this paper , the future settlement risk is defined as the uncertainty encountered by clearing house in the settlement process from contract registering to contract delivery or settlement .

指在同一交易日内建立交易部位并在当日交易结束前对冲平仓的期货交易者，是交易所交易池内的普通会员。

Commodity traders , generally members of the exchange on the trading floor , who take positions in commodities and then offset them prior to the close of trading on the same trading day .

由于担心对冲基金持续多头平仓和增加原油空头头寸，隔夜盘交易期价下跌。

Overnight prices traded lower on fears that Hedge funds would continue to liquidate long grain and short Crude oil positions .

套期保值的本质是指通过操作期货合约来对冲将来在现货市场实际买卖时可能发生的价格风险，套期保值交易有对冲平仓和实物交割两种形式。

The essence of hedging is through the operation of futures contracts to hedge the spot market in the futures market .