中英文对照【期货词汇】
http://blog.hjenglish.com/faye1982/archive/2006/10/19/484992.htmlA http://blog.hjenglish.com/faye1982/category/19421.html Across the board 全盘
All the months of a particular futures contract or futures option contract. 某一期货或期权合约的所有月份。 Adjusted Futures Price 调整后的期货价格
The cash-price equivalent reflected in the current futures price. This is calculated by taking the futures price times the conversion factor for the particular financial instrument (e.g., bond or note) being delivered.
等同的现金价格反映在现在的期货价格上。计算是通过用期货的价格乘以被交割的特定金融商品的转换系数。 ( 例如 , 债券或票据 ) American-style options 美式期权
Options that permit exercise at any time on or before the expiration date. 在任何时间或者是在有效日期前被允许执行的期权。 AON (all or none) AON( 全部的或决不 )
Order type: At order entry, if it can execute in total, then it executes. Otherwise it stays in the order book until it can execute in total.
下单类型 : 在已经下单时，如果它能完全执行 , 那么就被执行。否则它会寄存在买卖盘记录一直到它能够完全执行。 Arbitrage 套利
The simultaneous purchase and sale of identical or equivalent financial instruments or commodity futures in order to benefit from a discrepancy in their price relationship.
同时的买卖相同或相等的金融商品或商品期货以从他们的价格差异中获利。 Arbitration 仲裁
The procedure of settling disputes between members, or between members and customers.
解决在成员之间或成员和客户之间争论的程序。
As-of trade 原有贸易
An unmatched trade from a previous day that is resubmitted to the clearing system; trade is submitted 'as of' the original trade date. 前日未成交的单再被传送到结算系统并保留在原有的交易日。 Ask 沽出价
Also called \contract at a given price.
经常被称为―出价‖它是一个出售的意思。指的是在指定的价格下愿意出售期货合约。
Assignment 转让
The designation of an option writer for fulfillment of his obligation to sell the underlying futures contract (call options writer) or buy the underlying futures contract (put option writer) upon notice from the Clearing House. Notice to the seller of an option that has been exercised by the buyer.
期权卖方所给的履约通知的收据，它使得他必须履行特定的定约价格出售 ( 在看涨期权 ) 或买进 ( 看跌期权 ) ，原生期货的义务。买主通知期权的卖主这个交易已经执行。
Associated person (AP) 期货业务员
A person, commonly called a commodity broker, associated with and soliciting customers and orders for a futures commission merchant or introducing broker. The AP must pass a Series 3 examination, be licensed by the CFTC and be a member of the NFA.
一般称为商品经纪人 , 他是联系和提供咨询给客户以及在期货商品市场委任商人或介绍经纪人。这个委托人必须通过三种考试 , 被 CFTC 许可并且是 NFA 的一个成员。 At the market 市场价 See \见 \市场次序 \At-the-money 平价
An option with a strike price equal to the underlying futures price.
一个期权的执行价等于其原生期货的价格。 Average Daily Volume 平均每日交易量
Equals volume for a specified time period divided by the number of business days within that same time period.
它等于在特定的时期交易量除以同样的特定时期内的工作天数。 Average Down 平均值下移
To buy more of a security at a lower price, thereby reducing the holder's average cost. (average Up: to buy more at a higher price).
用低价买进更多的证券，以降低持有者的平均成本。 ( 平均值上移 : 以比较高的价格买更多证券。 )
Average Price Call 平均价买入期权
A type of option where the payoff is either zero or the amount by which the average price of the asset exceeds the strike.
是一种零盈利的期权或者是资产的平均价格超过执行价的期权。 Average Price Put 平均价卖出期权
A type of option where the payoff is either zero or the amount by which the strike price exceeds the average price of the asset. 是一种零盈利的期权或者是执行价超过资产平均价格的期权。
B
Back months 远期月
The futures or options on futures months being traded that are furthest from expiration.
Also called deferred or distant months. 期货或期权的交易月离有效期最远的月份。
Bar chart 条形图
A graph of prices, volume and open interest for a specified time period used by the chartist to forecast market trends. A daily bar chart plots each trading session's high,
low and settlement prices.
由制表人用特定时期的价格、交易量、未平仓权益组成的图表来预测市场趋势。日条形
图描绘了交易日的最高价、最低价和交易价。
Basis 基差
The difference between the spot or cash price of a commodity and the futures price of the same or a related commodity. Basis is usually computed to the near future, and
may represent different time periods, product forms, qualities and locations. 现货或商品的现金价格和相同的期货价格或相关价格的差额。它通常被计算到近期的期
货 , 和可能表现不同的时间期数、产品规格、质量和场所。
Basis contract 基差合约
A forward contract in which the cash price is based on the basis relating to a specified
futures contract.
现价建立在与特定的期货合约的基差基础上的远期合同。
Bear 熊市 ( 跌市 )
One who believes prices will move lower. 一个人相信价格趋势将会不断下跌。 Bear call spread 熊市购进认购期权跨价组合
The purchase of a call with a high strike price against the sale of a call with a lower strike price. The maximum profit receivable is the net premium received (premium received - premium paid), while the maximum loss is calculated by subtracting the net. 在高执行价买进一个认购期权同时在低执行价卖出一个认购期权，能够得到的最大获利
是净期权价，而最大的损失是要减去净期权价。 Bear market (bear/bearish) 熊市 ( 熊市 / 看空 )
A market in which prices are declining. 一个价格趋势正在下滑的市场。 Bearish key reversal 熊市重要反转
A bar chart formation that occurs in an uptrending market when the day's high is higher, low is lower and close is below the previous day's. Can signal an upcoming downtrend. 一种图表形势，出现在上涨的市场中，这一天的高价比以前高，低价比以前低，收市价
也比以前低。 能够预示下跌趋势。
Beta 贝塔系数
A measure correlating stock price movement to the movement of an index. Beta is used to determine the number of contracts required to hedge with stock index futures or
futures options.
把股票价格的运动联系到指数运动的一种衡量方法。贝塔用来决定用股指期货或期货期
权套利保值所需的合约量。
Bid 买价
The price that the market participants are willing to pay.
市场参与者是愿意支付的价格。
Bid (or buy) 买 ( 或买 )
An offer to buy a specific quantity of a commodity at a stated price. The price that the
market participants are willing to pay.
以指定了的价格购买特定数量的商品。市场参与者愿意支付的价格。
Black Scholes Model 布莱克斯格尔模式
A model used to calculate the value of a European call option. Developed in 1973 by
Fisher Black and Myron Scholes, it utilizes the stock.
用来计算欧式买入期权的模式。在 1973 由 Fisher Black 和 Myron Scholes 发展的，
它运用股票计算。 Blowoff volume 倾销量
An extraordinarily high volume trading session occurring suddenly in an uptrend
signaling the end of the trend.
一个反常的高成交量交易部分突然在上升趋势中发生，预示着趋势的结束。
Board of Trade 交易委员会
An exchange where commodity futures and/or futures options are traded.
一个商品期货和 / 或者是期货期权买卖的交易场所。
Bond 债券
Instrument traded on the cash market-representing a debt of the government or of a
company.
在现金市场中交易的工具它代表着一种政府或公司的债务。