金属期货

有色金属期货市场不完善程度定价模型及其验证

Imperfect Degree Pricing Model and Demonstration of Nonferrous Metal Futures Market

我国金属期货价格指数编制及其实证研究

Research on the Compilation of China Metal Futures Price Index

通过对中国期货市场铜和铝两种金属期货品种收益率的分布与波动性进行实证分析，论证其时间序列存在ARCH效应；

The ARCH effect of the return time series of Chinese copper and aluminum futures is argued by analyzing their distribution and volatility .

本文借助多变量DCC-（BV）GARCH模型，研究了国际汇率、利率变动对金属期货市场价格变动的影响。

This article chooses DCC - ( BV ) GARCH model to study the effect of the international exchange rates , interest rates on metals futures market price changes .

在中国国有企业和俄罗斯亿万富翁奥列格德里帕斯卡（olegderipaska）的支持下，香港商交所本周表示将推出以人民币计价的黄金等贵金属期货合约。

Backed by Chinese state companies and Russian billionaire Oleg Deripaska , HKMEx this week said it would launch a renminbi-denominated gold futures contract along with other precious metals .

最后，利用贝叶斯Wishart自回归模型刻画了贵金属期货市场与股市的时变相关系数，并讨论的市场间的波动溢出效应。

Finally , Bayesian Wishart Autoregressive model is applied for depicting the time-varying correlation coefficient and discussing the volatility spillover effects between the stock market and the precious metal futures market .

上海金属期货市场的非线性波动特征研究

Study on Nonlinear Fluctuation Characteristics in Shanghai Metal Futures Market

中国有色金属期货市场套期保值绩效的实证研究：2000-2004年

Positive Research on Hedging Performance of China 's Nonferrous Metal Futures : 2000-2004

金属期货是商品期货的一种，一般采用现金交割的方式。

Metal futures are commodity futures as a general way of a cash settlement .

最终得出金属期货市场与现货市场间的相关性检验。

Finally , we could get a different correlation between the metals market test .

金属期货价格的时间序列分析

Time - Series Analysis on Metal Futures Price

向左走，向右走？&2005年9月基本金属期货行情回顾与展望

Go left or right ─ Retrospect and prospect of basic Metals market in September 2005

上海铜和铝金属期货市场在价格发现功能中发挥了主导作用。

As to copper and aluminum , futures market plays more important role in price discovery .

港交所将在今年年底推出煤炭和金属期货合约。

Coal and metals futures trading is due to be launched by the end of this year .

本文旨在研究中国金属期货价格的波动特征，选取金、铜、铝为代表商品。

This paper aims to study the volatility characteristics of metal futures prices , selecting gold , copper and aluminum as example .

国际镍业的主席兼首席执行官指出，他公司的出价已经被提高以应对日益飙升的金属期货价格。

Scott Hand , chairman and chief executive of Inco , said his company 's offer had been raised to reflect rising metal prices .

运用面板协整方法分析我国有色金属期货市场现货市场的价格发现关系。

This paper analyzed the price discovery relationship between futures market and spot market of non-ferrous metals in China by using the method of panel co-integration .

产生这种影响的原因首先是公司的生产经营状况与有色金属期货的价格密切相关。

The cause of this kind of effect is firstly that the production and management of those companies have been close correlated with the price of non-ferrous metal futures .

香港商交所表示，还准备推出以人民币计价的铜等基础金属期货合约，以及能源、农产品和大宗商品指数的期货合约。

Also in the pipeline are renminbi contracts in copper and other base metals , and other futures contracts in energy , agriculture , and commodity indices , it said .

有色金属期货已经成为有色金属行业上下游企业不可或缺的定价和风险管理工具，在帮助企业构建新的市场价格体系和规避风险等方面发挥着重要作用。

The non-ferrous metals futures has becoming a indispensable tool of pricing and risk manage that play an important role in avoiding risk and building a new market price system .

因此，研究我国有色金属期货市场是否具备价格发现功能，能否使企业进行有效的套期保值和风险规避，无疑具有重要的现实意义。

So it has very important theoretical and practical value in the research of whether the non-ferrous metals futures market has price discovery function to help firms can hedge against risks .

有色金属期货的价格走势对有色金属采掘、加工企业和相关上市公司的业绩、期货、股票投资者的投资策略产生直接或间接的影响。

Futures ' price of non-ferrous metal brings direct or indirect effect on the performance which comes from extracting or processing companies of non-ferrous metal and correlative public companies . It will affect investment strategy towards investors .

通过中国金属期货市场铜、铝、锌三个品种的实证分析，论证新模型的合理性，通过绩效评估，确认新模型的优越性。

Chinese metal futures markets through the copper , aluminum , zinc and empirical analysis of three species , demonstrated the reasonableness of the new model , through the performance evaluation , confirmed the superiority of the new model .

有色金属期货市场有利于有色企业建立现代的经营管理机制，它主要表现为现货市场可利用期货市场回避价格波动风险和利用期货市场价格发现功能科学管理企业。

The futures market is helpful for nonferrous metals industry to build modern managerial and administrative mechanism . It mainly finds expression in that cash market can take advantage of the function of price risk avoiding and price forecasting of futures market to manage the industry scientifically .

通过ADF平稳性检验和Johansen协整检验，发现我国有色金属的期货价格与现货价格之间存在长期的均衡关系。

Using ADF stationary test and Johansen co integration test , it find that there is a long-run equilibrium relationship between the futures prices series and the Spot prices series of cooper , aluminum and zinc futures . 2 .

尤其是伦敦金属交易所期货合约的交易价格被世界各地公认为是有色金属交易的定价标准。

In particular , the London Metal Exchange futures contracts traded around the world recognized as the standard pricing of non-ferrous metal trading .

由于受最近交易低潮的影响，银和其他贵重金属一样，期货和现货市场的数量下降。

Valuefluctuate lower in line with other precious metals on both bullion and futures market .

自中国有色金属行业引进期货交易的方式以来，各大铜冶炼厂就陆续进入这个新兴的市场，试图利用期货交易的方式来规避市场风险，同时开创新的销售渠道。

Since the introduction of futures trade to domestic nonferrous metal sector , many large copper smelting enterprises have tried to carry out futures trade for risk-avoiding hedge and setting up some new sales channels .

并对伦敦金属交易所铜的期货价格数据进行了建模、预测。

Then we do a research on the London Metal Exchange ( LME ) copper futures prices .

伦敦金属交易所与上海期货交易所铜价格发现过程

The Study on the Price Discovery Process of Copper between the London Mental Exchange and the Shanghai Futures Exchange s