| 螺纹钢期货市场功能的实证检验 |
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| 引用本文： | 靳峰,刘卫星,刘幸光.螺纹钢期货市场功能的实证检验[J].价值工程,2012,31(11):144-145. |
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| 作者姓名： | 靳峰 刘卫星 刘幸光 |
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| 作者单位： | 江苏科技大学经济管理学院,镇江,212003 |
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| 摘 要： | 上海螺纹钢期货市场的巨大持仓量、成交量,表明其市场功能很可能得到了充分发挥。文章针对螺纹钢期货市场应有的套期保值、价格发现、套利功能,选择相应期、现数据进行了实证检验。检验结果表明:市场具备良好的套期保值效率,存在较为明显的跨期套利机会,期货价格对现货价格具有较强的引导作用。
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| 关 键 词： | 螺纹钢 期货市场 功能 |
Empirical Test of Function of Twisted Steel Futures Market |
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| Jin Feng
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Liu Weixing
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Liu Xingguang.Empirical Test of Function of Twisted Steel Futures Market[J].Value Engineering,2012,31(11):144-145. |
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| Authors: | Jin Feng Liu Weixing Liu Xingguang |
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| Institution: | Jin Feng;Liu Weixing;Liu Xingguang(Jiangsu University of Science and Technology School of Economics and Management,Zhenjiang 212003,China) |
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| Abstract: | The great open interest & trading volume of Shanghai twisted steel futures market indicates that the market probably has played a sufficient role.The paper takes a positive inspection on the basis of futures & spot data,aiming at the function of hedge,price-discovery and arbitrage of the market.The inspection shows that the market has a good function of hedge,price-discovery and arbitrage. |
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| Keywords: | twisted steel futures market function |
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