期货期权术语中英文对照

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期货期权术语中英文对照93866

一、期货1 Futures market 期货市场2 Futures contract 期货合约3 Financial futures 金融期货4 Commodity futures 商品期货5 Financial futures contract 金融期货合约6 Currency futures contract 货币期货合约7 Interest rate futures contract 利率期货合约8 Stock index futures contract 股票指数期货合约9 Financial forward contract 金融远期合约10 Clearing house 清算所11 Initial margins 初始保证金12 Settlement 交割13 Short seller 卖空者14 The Gilts 金边债券15 Futures delivery 期货交割16 Futures transaction 期货交易17 Hedging mechanism 规避机制18 Market expectation 市场预期19 To defuse(attempted monopoly positions) 冲破（形成的市场垄断状况）20 Net settlement status 净结算状况，净结算头寸21 Synthetic financial futures position 综合金融期货头寸22 Status inquiry 信用状况调查23 Stock indexes 股票指数24 Stock index futures 股票指数期货25 Currency futures 外币期货—27 Nearby futures 近期期货28 On a discount basis 以折价形式29 A long position 多头部位，利多形势30 A short position 空头部位，短缺头寸31 Short purchase 买空，空头补进32 Shifting risk 转嫁风险，转移风险33 Basis risk 基差风险34 Converge 集聚（期货和现货价格）35 Swing 变动（幅度），摆动，涨跌36 Cross hedge 交叉套做37 Volatile 易变的，不稳定的38 Volatile market 不稳定的市场行情39 Margin money 预收保证金，开设信用证保证金40 position 头寸，交易部位，部位41 Long position 多头寸，买进的期货合同42 Short position 空头43 Exchange position 外汇头寸，外汇动态44 Interest position 利率头寸45 Swap position 调期汇率头寸46 Square position 差额轧平（未抵冲的外汇买卖余额的轧平状况）47 Brokerage firm 经纪商（号）48 Security bond 保付单49 Post 登记总帐，过帐50 Brokerage 经纪业，付给经纪人的佣金51 FX futures contract 外汇期货合约52 Foreign currency futures 外汇期货53 Futures price 期货价格—54 Go long 入金，多头55 Total FX portfolio 外汇投资总额56 A long position 多头寸，买进的期货合约57 Go short 短缺，卖空，空头58 A short position 空头，卖出的期货合约59 Place an order 订购，下单60 Trading pit 交易场61 Open outcry 公开喊价，公开叫价62 Floor broker 场内经纪人63 Transactions costs 交易费用64 Zero-sum game 零和竞争（游戏）65 Current futures price 现时的期货价格66 The open interest 未结清权益67 Building agreement 具有约束力的协定68 Pay up 付清，缴清69 In force （法律上的）有效的70 Kill a bet 终止赌博71 Settlement price 结算价格72 Date of delivery 交割期73 Point of delivery 交割地点74 Futures commission merchants 期货经纪公司75 Market order 市价订单76 Time order 限时订单77 Opening order 开市价订单78 Closing order 收市价订单79 Basis order 基差订单80 Corners 垄断—81 Outright position 单笔头寸82 Direct hedging 直接套做83 Indirect hedging 间接套做84 Short hedging 空头套做85 Long arbitrage 多头套做86 Back spreads 反套利87 Margin call 保证金统治88 Price discovery 价格发现二、期权1 Option 期权，选择权，买卖期权2 Call and put options 买入期权和卖出期权3 Option buyer 期权的买方4 Option seller 期权的卖方5 Underlying securities 标的证券6 Exercise price, striking price 履约价格，认购价格7 Option fee =option premium or premium on option 期权费8 Intrinsic value 实际价值，内部价值9 Intrinsic utility 内在效用10 Arbitrage opportunity 套价机会11 Arbitrage 套购，套利，套汇12 Arbitrage of exchange or stock 套汇或套股13 Speculation on foreign exchange 外汇投机14 Speculation in stock 股票投机15 To be hedging 进行套期保值16 A put option on a debt security 债务证券的卖出期权17 Call options on an equity 权益（证券）的买入期权—18 Cover 弥补，补进（卖完的商品等）19 Write 签发，签署，承保，编写20 Margin call 追加保证金的通知21 Close out 平仓，结清（帐）22 Notional sum 名义金额23 Notional principal 名义本金24 Equity portfolio 股票资产25 Predetermined 预先约定的26 Strike price 协定价格27 Put (option) 卖方期权，看跌期权28 Call (option) 买方期权，看涨期权29 Open market 公开市场30 Premium 期权费31 Downside 下降趋势32 Open-ended 开口的，无限制的，无限度的33 Out-of-the-money 无内在价值的期权34 In-the-money 有内在价值的期权35 At-the-money 平值期权36 Crop up(out) 出现，呈现37 Cap 带利率上限的期权38 Floor 带利率下限的期权39 Floor trader 交易员40 Break-even 不亏不盈，收支相抵41 Asymmetry 不对称42 Symmetry 对称43 Sell forward 远期卖出44 Up-front fee 预付费用，先期费用—45 Change hands 交换，换手46 Contractual value 合同价格47 Over-the-counter 场外的，不同过交易所的48 Customize 按顾客要求制作49 Futures margin 期货保证金50 Initial margin 初始保证金51 Open position 头寸52 Maintenance margin 最低保证金，维持保证金53 Variation margin 盈亏保证金，变动保证54 Market makers 造市者55 Extrinsic value 外在价值56 Contracts of difference 差异合约57 Market-clearing 市场结算58 Adaptive expectations 适应性预期59 Bid-ask spread 递盘虚盘差价60 Small-order automatic system 小额定单执行系统61 Dealers 批发商62 Dual trading 双重交易63 Mature liquid contracts 到期合约64 Backwardation 现货溢价65 Nearby contract 近期合约66 Short-lived securities 短期有效证券67 Cash-and-carry arbitrage 现货持有套利68 Open positions 敞口头寸69 Uncovered interest arbitrage 未担保利率套利70 Premium 期权权利金71 Call-options 认购期权—72 Put-options 认沽期权73 Speculation 投机74 Cross hedging 交叉保值75 Hedging risk 套期保值风险76 Synthetic options 合成期权77 Option purchase price 期权的购进价格78 Options on futures contract 期货合同的期权交易79 Forward swap 远期掉期80 Swap rate 掉期率81 Risk transformation 风险转移82 Contract size 合约容量83 Daily limit 每日涨跌停板84 Double option 双向期权三、市场1 Physical trading现货交易2 Arbitrage 市场间套利3 Basis Price/ Strike Price 基本价格，履约价格4 Bear 卖空者，看跌者5 Bear market 空头市场，熊市6 Bull market7 Bottom 底价：某时间段内的最低价8 Peak 高价：某时间段的最高价9 Business day 交易日10 Primary market 初级市场11 Secondary market 二级市场—12 Principal 委托人，货主本人13 Profit Taking 获利回吐14 Prompt 即付15 Rally 回升16 Range 波幅17 Recovery 复苏18 Depression 萧条19 Scalp 小投机，日内多次交易20 Security deposit 保证金21 Session 交易时段22 Settlement price 结算价格23 Short hedge 卖出套期保值24 Long Hedge 买入套期保值25 Speculator 投机者26 Spot 现货27 Spread 价差：两个相关市场之间或相关商品之间的价格差异28 Switching转月：由一个期货合约转为另一个期货合约29 Technical analysis 技术分析法30 Tick size 最小价位31 Time value 时间价值32 Turnover/Volume 交易量33 Variation margin价格变动保证金34 Warehouse receipt 仓单35 American-style options 美式期权36 European-style options 欧式期权37 Arbitration 仲裁38 Assignment 转让—39 Average daily volume 平均每日交易量40 Board of trade 交易委员会41 Breakeven 平衡点（收支相抵）42 Brokerage/Commission 佣金43 Brokerage house 经纪行44 Buy to close 买进平仓45 Buy to open 买入建仓46 Canceling order 取消订单47 Clearing fee 结算费48 Close 收盘、收市49 Closing price 收盘价50 Coupon 票面利率51 Customer margin 客户保证金52 Daily trading limits 日交易限制53 Day trader 当日交易者54 Deferred 延期55 Delivery 交割，交收56 Delivery month 交割月57 Delivery points 交割点58 Equilibrium price 均衡价格59 Exhaustion gap 消耗缺口60 Expanded trading hours 延迟交易时间61 Expiration 到期，截止期限62 Federal funds rate 联邦基金利率63 Financial instrument 金融工具64 Floor trader 场内交易员65 Gross domestic product (GDP) 国内生产总值—66 High limit 涨停价67 Historical volatility 历史波幅68 Index 指数69 Initial margin 原始保证金70 Intrinsic value 内在价值71 Introducing broker (IB) 中介经纪商72 Lagging indicators 滞后指标73 Last trading day 最后交易日74 Lead month 最近合约月75 Leading indicators 领先指标76 Leverage 杠杆作用77 Limit order 限价委托单78 Liquid 流动性79 Liquidate 平仓，斩仓80 Mark-to-market 逐日结算81 Market order 市价委托单82 Market segment 市场划分83 Market value 市场价值84 Matched trade 配对交易85 Maturity 到期期间86 Notice day 通知日87 Position limit 持仓限额88 Purchasing power 购买力89 Quotation 报价90 Reference price 参考价格91 Resistance line 阻力线92 Retracement 背离—93 Support line支撑线94 Symbol 符号95 Target price 目标价格96 Trade balance 贸易收支97 Treasury bill 美国短期国债98 Variable limit 可变限度99 Writer 期权卖家100 Yield 收益率101 Yield curve 收益率曲线102 Yield to maturity 到期收益率欢迎下载11。

中英文期货术语对照

中英文期货术语对照Actuals 现货（LME普遍使用physical）Arbitrage 市场间套利Assay 检验分析Ask 要价，喊价At-the-Money 相等价值：期权履约价与当前期权期货合约的现价完全相同Backpricing 有效时间定价：生产者常用LME 结算价作为报价基准, 每天公布的结算价到次日中午有效。

又称公认定价(Pricing on the Known)Backwardation 现货升水：现货价高于期货价（又称Back），是为逆向市场、倒价市场Base Metal 贱金属，基金属：除金、银、铂族以外的金属Bar Chart 条形图Basis 基差：同一种商品现货价与期货价之差Basis Price 基本价格，履约价格：期权交易中买卖双方商定，并按此进行交易的价格。

又称敲定价格（Strik Price），通常为当前市场价Bear 卖空者，看跌者：与Bull正相反Bear Covering 结束空头部位Bear Market 空头市场，熊市：价格普遍下跌的市场Bear Position 空头部位：已卖出期货，期望以后能以较低价买进，利润为现在卖出与以后补进价之差额Best Orders 最佳买卖订单（Buing/Selling at Best）Bid 买方出价Bond 债券Bottom 底价：某时间段内的最低价Borrowing 借入（Borrowing metal from the market）：买进近期货的同时，卖出远期货Break 暴跌，暴升，突破：价格出现较大波动Broker 经纪行，经纪人Bull 买空者，看涨者：与Bear相反Bull Market 多头市场，牛市：价格普遍上涨的市场Bull Position 多头部位：已买进期货，期望以后能以较高价卖出，其利润为现在买进与以后卖出价之差额Business Day 交易日Buying Hedge （Long Hedge）买进套期保值Buy In 补进：平仓、对冲或关闭一个空头部位Buy on Close 收市买进：在收市时按收市价买进Buy on Opening 开市买进：在开市时按开市价买进Call Option 看涨期权,延买期权:允许购买者按一特定的基价购买一种指定期货合约的权力。

期货期权术语中英文对比

期货期权术语中英文对照一、期货1 Futures market 期货市场 2Futures contract 期货合约 3 Financial futures 金融期货 4 Commodity futures 商品期货 5 Financial futures contract 金融期货合约 6 Currency futures contract 货币期货合约 7 Interest rate futures contract 利率期货合约 8 Stock index futures contract 股票指数期货合约 9Financial forward contract 金融远期合约 10 Clearing house 清算所 11Initial margins 初始保证金 12 Settlement 交割 13 Short seller 卖空者 14 The Gilts 金边债券 15 Futures delivery 期货交割 16 Futures transaction 期货交易 17Hedging mechanism 规避机制 18Market expectation 市场预期 19 To defuse(attempted monopoly positions) 冲破（形成的市场垄断状况） 20 Net settlement status 净结算状况，净结算头寸21Synthetic financial futures position 综合金融期货头寸 22 Status inquiry 信用状况调查 23 Stock indexes 股票指数 24 Stock index futures 股票指数期货 25Currency futures 外币期货 26Distant futures 远期期货 27 Nearby futures 近期期货 28 On a discount basis 以折价形式 29 A long position 多头部位，利多形势 30 A short position 空头部位，短缺头寸 31 Short purchase 买空，空头补进 32 Shifting risk 转嫁风险，转移风险 33Basis risk 基差风险 34 Converge 集聚（期货和现货价格） 35 Swing 变动（幅度），摆动，涨跌 36 Cross hedge 交叉套做 37Volatile 易变的，不稳定的 38 Volatile market 不稳定的市场行情 39 Margin money 预收保证金，开设信用证保证金 40position 头寸，交易部位，部位41Long position 多头寸，买进的期货合同 42Short position 空头 43 Exchange position 外汇头寸，外汇动态 44Interest position 利率头寸 45 Swap position 调期汇率头寸 46 Square position 差额轧平（未抵冲的外汇买卖余额的轧平状况） 47 Brokerage firm 经纪商（号） 48Security bond 保付单 49 Post 登记总帐，过帐 50 Brokerage 经纪业，付给经纪人的佣金 51FX futures contract 外汇期货合约 52 Foreign currency futures 外汇期货 53 Futures price 期货价格 54 Go long 入金，多头 55 Total FX portfolio 外汇投资总额 56 A long position 多头寸，买进的期货合约 57 Go short 短缺，卖空，空头 58 A short position 空头，卖出的期货合约 59 Place an order 订购，下单 60 Trading pit 交易场 61 Open outcry 公开喊价，公开叫价 62Floor broker 场内经纪人 63 Transactions costs 交易费用 64 Zero-sum game 零和竞争（游戏） 65 Current futures price 现时的期货价格 66 The open interest 未结清权益 67 Building agreement 具有约束力的协定 68 Pay up 付清，缴清 69 In force （法律上的）有效的 70 Kill a bet 终止赌博 71 Settlement price 结算价格 72 Date of delivery 交割期 73 Point of delivery 交割地点 74Futures commission merchants 期货经纪公司 75 Market order 市价订单 76 Time order 限时订单 77 Opening order 开市价订单 78 Closing order 收市价订单 79 Basis order 基差订单 80 Corners 垄断 81Outright position 单笔头寸 82 Direct hedging 直接套做 83 Indirect hedging 间接套做 84 Short hedging 空头套做 85 Long arbitrage 多头套做 86 Back spreads 反套利 87Margin call 保证金统治 88 Price discovery 价格发现二、期权1Option 期权，选择权，买卖期权 2 Call and put options 买入期权和卖出期权 3 Option buyer 期权的买方 4 Option seller 期权的卖方 5 Underlying securities 标的证券 6 Exercise price, striking price 履约价格，认购价格 7 Option fee =option premium or premium on option 期权费 8Intrinsic value 实际价值，内部价值 9Intrinsic utility 内在效用 10 Arbitrage opportunity 套价机会 11 Arbitrage 套购，套利，套汇 12Arbitrage of exchange or stock 套汇或套股　13Speculation on foreign exchange 外汇投机 14Speculation in stock 股票投机 15 To be hedging 进行套期保值 16 A put option on a debt security 债务证券的卖出期权 17 Call options on an equity 权益（证券）的买入期权 18 Cover 弥补，补进（卖完的商品等） 19Write 签发，签署，承保，编写 20 Margin call 追加保证金的通知 21Close out 平仓，结清（帐） 22 Notional sum 名义金额 23 Notional principal 名义本金 24Equity portfolio 股票资产 25 Predetermined 预先约定的 26Strike price 协定价格 27 Put (option) 卖方期权，看跌期权 28 Call (option) 买方期权，看涨期权 29Open market 公开市场 30Premium 期权费 31 Downside 下降趋势 32 Open-ended 开口的，无限制的，无限度的 33 Out-of-the-money 无内在价值的期权 34 In-the-money 有内在价值的期权 35 At-the-money 平值期权 36Crop up(out) 出现，呈现 37Cap 带利率上限的期权 38 Floor 带利率下限的期权 39Floor trader 交易员 40 Break-even 不亏不盈，收支相抵 41Asymmetry 不对称 42Symmetry 对称 43Sell forward 远期卖出 44Up-front fee 预付费用，先期费用 45Change hands 交换，换手 46 Contractual value 合同价格 47 Over-the-counter 场外的，不同过交易所的 48Customize 按顾客要求制作 49 Futures margin 期货保证金 50 Initial margin 初始保证金 51 Open position 头寸 52 Maintenance margin 最低保证金，维持保证金 53 Variation margin 盈亏保证金，变动保证 54 Market makers 造市者 55 Extrinsic value 外在价值 56 Contracts of difference 差异合约 57 Market-clearing 市场结算 58 Adaptive expectations 适应性预期 59 Bid-ask spread 递盘虚盘差价 60 Small-order automatic system 小额定单执行系统 61 Dealers 批发商 62Dual trading 双重交易 63 Mature liquid contracts 到期合约 64 Backwardation 现货溢价 65 Nearby contract 近期合约 66 Short-lived securities 短期有效证券 67 Cash-and-carry arbitrage 现货持有套利 68 Open positions 敞口头寸 69 Uncovered interest arbitrage 未担保利率套利 70 Premium 期权权利金 71Call-options 认购期权 72 Put-options 认沽期权 73 Speculation 投机 74Cross hedging 交叉保值 75 Hedging risk 套期保值风险 76 Synthetic options 合成期权 77 Option purchase price 期权的购进价格 78Options on futures contract 期货合同的期权交易 79 Forward swap 远期掉期 80 Swap rate 掉期率81 Risk transformation 风险转移 82 Contract size 合约容量 83 Daily limit 每日涨跌停板 84 Double option 双向期权三、市场1Physical trading现货交易2Arbitrage 市场间套利3Basis Price/ Strike Price 基本价格，履约价格4Bear 卖空者，看跌者5Bear market 空头市场，熊市6Bull market7Bottom 底价：某时间段内的最低价8Peak高价：某时间段的最高价9Business day 交易日10Primary market 初级市场11Secondary market 二级市场12Principal 委托人，货主本人13Profit Taking 获利回吐14Prompt 即付15Rally 回升16Range 波幅17Recovery 复苏18Depression萧条19Scalp 小投机，日内多次交易20Security deposit 保证金21Session交易时段22Settlement price 结算价格23Short hedge 卖出套期保值24Long Hedge买入套期保值25Speculator 投机者26Spot 现货27Spread 价差：两个相关市场之间或相关商品之间的价格差异28Switching转月：由一个期货合约转为另一个期货合约29Technical analysis 技术分析法30Tick size 最小价位31Time value 时间价值32Turnover/Volume 交易量33Variation margin价格变动保证金34Warehouse receipt仓单35American-style options 美式期权36European-style options 欧式期权37Arbitration 仲裁38Assignment 转让39Average daily volume 平均每日交易量40Board of trade 交易委员会41Breakeven 平衡点（收支相抵）42Brokerage/Commission 佣金43Brokerage house 经纪行44Buy to close买进平仓45Buy to open 买入建仓46Canceling order 取消订单47Clearing fee 结算费48Close 收盘、收市49Closing price 收盘价50Coupon 票面利率51Customer margin 客户保证金52Daily trading limits 日交易限制53Day trader 当日交易者54Deferred 延期55Delivery 交割，交收56Delivery month 交割月57Delivery points 交割点58Equilibrium price 均衡价格59Exhaustion gap消耗缺口60Expanded trading hours 延迟交易时间61Expiration 到期，截止期限62Federal funds rate 联邦基金利率63Financial instrument 金融工具64Floor trader 场内交易员65Gross domestic product (GDP) 国内生产总值66High limit 涨停价67Historical volatility 历史波幅68Index 指数69Initial margin 原始保证金70Intrinsic value 内在价值71Introducing broker (IB) 中介经纪商72Lagging indicators 滞后指标73Last trading day 最后交易日74Lead month 最近合约月75Leading indicators 领先指标76Leverage 杠杆作用77Limit order 限价委托单78Liquid 流动性79Liquidate 平仓，斩仓80Mark-to-market 逐日结算81Market order 市价委托单82Market segment 市场划分83Market value 市场价值84Matched trade 配对交易85Maturity 到期期间86Notice day 通知日87Position limit 持仓限额88Purchasing power 购买力89Quotation 报价90Reference price 参考价格91Resistance line 阻力线92Retracement 背离93Support line支撑线94Symbol 符号95Target price 目标价格96Trade balance 贸易收支97Treasury bill 美国短期国债98Variable limit 可变限度99Writer 期权卖家100Yield 收益率101Yield curve 收益率曲线102Yield to maturity 到期收益率。

期货术语中英文对照

期货术语中英文对照Actuals 现货（LME普遍使用physical）Arbitrage 市场间套利Assay 检验分析Ask 要价，喊价At-the-Money 相等价值：期权履约价与当前期权期货合约的现价完全相同Backpricing 有效时间定价：生产者常用LME 结算价作为报价基准,每天公布的结算价到次日中午有效。

期货行业的中英文对照词汇表教程文件

Abandon 放弃：确认期权失效Actuals 现货（LME普遍使用physical）Arbitrage 市场间套利Assay 检验分析Ask 要价，喊价At-the-Money 相等价值：期权履约价与当前期权期货合约的现价完全相同Backpricing 有效时间定价：生产者常用LME 结算价作为报价基准, 每天公布的结算价到次日中午有效。

又称"公认定价"(Pricing on the Known)Backwardation 现货升水：现货价高于期货价（又称Back），是为逆向市场、倒价市场Base Metal 贱金属，基金属：除金、银、铂族以外的金属Bar Chart 条形图Basis 基差：同一种商品现货价与期货价之差Basis Price 基本价格，履约价格：期权交易中买卖双方商定，并按此进行交易的价格。

又称敲定价格（Strik Price），通常为当前市场价Bear 卖空者，看跌者：与Bull正相反Bear Covering 结束空头部位Bear Market 空头市场，熊市：价格普遍下跌的市场Bear Position 空头部位：已卖出期货，期望以后能以较低价买进，利润为现在卖出与以后补进价之差额Best Orders 最佳买卖订单（Buing/Selling "at Best"）Bid 买方出价Bond 债券Bottom 底价：某时间段内的最低价Borrowing 借入（Borrowing metal from the market）：买进近期货的同时，卖出远期货Break 暴跌，暴升，突破：价格出现较大波动Broker 经纪行，经纪人Bull 买空者，看涨者：与Bear相反Bull Market 多头市场，牛市：价格普遍上涨的市场Bull Position 多头部位：已买进期货，期望以后能以较高价卖出，其利润为现在买进与以后卖出价之差额Business Day 交易日Buying Hedge （Long Hedge）买进套期保值Buy In 补进：平仓、对冲或关闭一个空头部位Buy on Close 收市买进：在收市时按收市价买进Buy on Opening 开市买进：在开市时按开市价买进Call Option 看涨期权,延买期权:允许购买者按一特定的基价购买一种指定期货合约的权力。

期货术语中英文对照

又称敲定价格（Strik Price），通常为当前市场价Bear 卖空者，看跌者：与Bull正相反Bear Covering 结束空头部位Bear Market 空头市场，熊市：价格普遍下跌的市场Bear Position 空头部位：已卖出期货，期望以后能以较低价买进，利润为现在卖出与以后补进价之差额Best Orders 最佳买卖订单（Buing/Selling at Best）Bid 买方出价Bond 债券Bottom 底价：某时间段内的最低价Borrowing 借入（Borrowing metal from the market）：买进近期货的同时，卖出远期货Break 暴跌，暴升，突破：价格出现较大波动Broker 经纪行，经纪人Bull 买空者，看涨者：与Bear相反Bull Market 多头市场，牛市：价格普遍上涨的市场Bull Position 多头部位：已买进期货，期望以后能以较高价卖出，其利润为现在买进与以后卖出价之差额Buying Hedge （Long Hedge）买进套期保值Buy In 补进：平仓、对冲或关闭一个空头部位Buy on Close 收市买进：在收市时按收市价买进Buy on Opening 开市买进：在开市时按开市价买进Call Option 看涨期权,延买期权:允许购买者按一特定的基价购买一种指定期货合约的权力。

期货期权术语中英文对照

期货期权术语中英文对照期货期权术语中英文对照一、期货1 Futures market 期货市场2 Futures contract 期货合约3 Financial futures 金融期货4 Commodity futures 商品期货5 Financial futures contract 金融期货合约6 Currency futures contract 货币期货合约7 Interest rate futures contract 利率期货合约8 Stock index futures contract 股票指数期货合约9 Financial forward contract 金融远期合约10 Clearing house 清算所11 Initial margins 初始保证金12 Settlement 交割13 Short seller 卖空者14 The Gilts 金边债券15 Futures delivery 期货交割16 Futures transaction 期货交易17 Hedging mechanism 规避机制18 Market expectation 市场预期19 To defuse(attempted monopoly positions) 冲破（形成的市场垄断状况）20 Net settlement status 净结算状况，净结算头寸21 Synthetic financial futures position 综合金融期货头寸22 Status inquiry 信用状况调查23 Stock indexes 股票指数24 Stock index futures 股票指数期货25 Currency futures 外币期货26 Distant futures 远期期货27 Nearby futures 近期期货28 On a discount basis 以折价形式29 A long position 多头部位，利多形势30 A short position 空头部位，短缺头寸31 Short purchase 买空，空头补进32 Shifting risk 转嫁风险，转移风险33 Basis risk 基差风险34 Converge 集聚（期货和现货价格）35 Swing 变动（幅度），摆动，涨跌36 Cross hedge 交叉套做37 Volatile 易变的，不稳定的38 Volatile market 不稳定的市场行情39 Margin money 预收保证金，开设信用证保证金40 position 头寸，交易部位，部位41 Long position 多头寸，买进的期货合同42 Short position 空头43 Exchange position 外汇头寸，外汇动态44 Interest position 利率头寸45 Swap position 调期汇率头寸46 Square position 差额轧平（未抵冲的外汇买卖余额的轧平状况）47 Brokerage firm 经纪商（号）48 Security bond 保付单49 Post 登记总帐，过帐50 Brokerage 经纪业，付给经纪人的佣金51 FX futures contract 外汇期货合约52 Foreign currency futures 外汇期货53 Futures price 期货价格54 Go long 入金，多头55 Total FX portfolio 外汇投资总额56 A long position 多头寸，买进的期货合约57 Go short 短缺，卖空，空头58 A short position 空头，卖出的期货合约59 Place an order 订购，下单60 Trading pit 交易场61 Open outcry 公开喊价，公开叫价62 Floor broker 场内经纪人63 Transactions costs 交易费用64 Zero-sum game 零和竞争（游戏）65 Current futures price 现时的期货价格66 The open interest 未结清权益67 Building agreement 具有约束力的协定68 Pay up 付清，缴清69 In force （法律上的）有效的70 Kill a bet 终止赌博71 Settlement price 结算价格72 Date of delivery 交割期73 Point of delivery 交割地点74 Futures commission merchants 期货经纪公司75 Market order 市价订单76 Time order 限时订单77 Opening order 开市价订单78 Closing order 收市价订单79 Basis order 基差订单80 Corners 垄断81 Outright position 单笔头寸82 Direct hedging 直接套做83 Indirect hedging 间接套做84 Short hedging 空头套做85 Long arbitrage 多头套做86 Back spreads 反套利87 Margin call 保证金统治88 Price discovery 价格发现二、期权1 Option 期权，选择权，买卖期权2 Call and put options 买入期权和卖出期权3 Option buyer 期权的买方4 Option seller 期权的卖方5 Underlying securities 标的证券6 Exercise price, striking price 履约价格，认购价格7 Option fee =option premium or premium on option 期权费8 Intrinsic value 实际价值，内部价值9 Intrinsic utility 内在效用10 Arbitrage opportunity 套价机会11 Arbitrage 套购，套利，套汇12 Arbitrage of exchange or stock 套汇或套股13 Speculation on foreign exchange 外汇投机14 Speculation in stock 股票投机15 To be hedging 进行套期保值16 A put option on a debt security 债务证券的卖出期权17 Call options on an equity 权益（证券）的买入期权18 Cover 弥补，补进（卖完的商品等）19 Write 签发，签署，承保，编写20 Margin call 追加保证金的通知21 Close out 平仓，结清（帐）22 Notional sum 名义金额23 Notional principal 名义本金24 Equity portfolio 股票资产25 Predetermined 预先约定的26 Strike price 协定价格27 Put (option) 卖方期权，看跌期权28 Call (option) 买方期权，看涨期权29 Open market 公开市场30 Premium 期权费31 Downside 下降趋势32 Open-ended 开口的，无限制的，无限度的33 Out-of-the-money 无内在价值的期权34 In-the-money 有内在价值的期权35 At-the-money 平值期权36 Crop up(out) 出现，呈现37 Cap 带利率上限的期权38 Floor 带利率下限的期权39 Floor trader 交易员40 Break-even 不亏不盈，收支相抵41 Asymmetry 不对称42 Symmetry 对称43 Sell forward 远期卖出44 Up-front fee 预付费用，先期费用45 Change hands 交换，换手46 Contractual value 合同价格47 Over-the-counter 场外的，不同过交易所的48 Customize 按顾客要求制作49 Futures margin 期货保证金50 Initial margin 初始保证金51 Open position 头寸52 Maintenance margin 最低保证金，维持保证金53 Variation margin 盈亏保证金，变动保证54 Market makers 造市者55 Extrinsic value 外在价值56 Contracts of difference 差异合约57 Market-clearing 市场结算58 Adaptive expectations 适应性预期59 Bid-ask spread 递盘虚盘差价60 Small-order automatic system 小额定单执行系统61 Dealers 批发商62 Dual trading 双重交易63 Mature liquid contracts 到期合约64 Backwardation 现货溢价65 Nearby contract 近期合约66 Short-lived securities 短期有效证券67 Cash-and-carry arbitrage 现货持有套利68 Open positions 敞口头寸69 Uncovered interest arbitrage 未担保利率套利70 Premium 期权权利金71 Call-options 认购期权72 Put-options 认沽期权73 Speculation 投机74 Cross hedging 交叉保值75 Hedging risk 套期保值风险76 Synthetic options 合成期权77 Option purchase price 期权的购进价格78 Options on futures contract 期货合同的期权交易79 Forward swap 远期掉期80 Swap rate 掉期率81 Risk transformation 风险转移82 Contract size 合约容量83 Daily limit 每日涨跌停板84 Double option 双向期权三、市场1 Physical trading现货交易2 Arbitrage 市场间套利3 Basis Price/ Strike Price 基本价格，履约价格4 Bear 卖空者，看跌者5 Bear market 空头市场，熊市6 Bull market7 Bottom 底价：某时间段内的最低价8 Peak 高价：某时间段的最高价9 Business day 交易日10 Primary market 初级市场11 Secondary market 二级市场12 Principal 委托人，货主本人13 Profit Taking 获利回吐14 Prompt 即付15 Rally 回升16 Range 波幅17 Recovery 复苏18 Depression 萧条19 Scalp 小投机，日内多次交易20 Security deposit 保证金21 Session 交易时段22 Settlement price 结算价格23 Short hedge 卖出套期保值24 Long Hedge 买入套期保值25 Speculator 投机者26 Spot 现货27 Spread 价差：两个相关市场之间或相关商品之间的价格差异28 Switching转月：由一个期货合约转为另一个期货合约29 Technical analysis 技术分析法30 Tick size 最小价位31 Time value 时间价值32 Turnover/Volume 交易量33 Variation margin价格变动保证金34 Warehouse receipt 仓单35 American-style options 美式期权36 European-style options 欧式期权37 Arbitration 仲裁38 Assignment 转让39 Average daily volume 平均每日交易量40 Board of trade 交易委员会41 Breakeven 平衡点（收支相抵）42 Brokerage/Commission 佣金43 Brokerage house 经纪行44 Buy to close 买进平仓45 Buy to open 买入建仓46 Canceling order 取消订单47 Clearing fee 结算费48 Close 收盘、收市49 Closing price 收盘价50 Coupon 票面利率51 Customer margin 客户保证金52 Daily trading limits 日交易限制53 Day trader 当日交易者54 Deferred 延期55 Delivery 交割，交收56 Delivery month 交割月57 Delivery points 交割点58 Equilibrium price 均衡价格59 Exhaustion gap 消耗缺口60 Expanded trading hours 延迟交易时间61 Expiration 到期，截止期限62 Federal funds rate 联邦基金利率63 Financial instrument 金融工具64 Floor trader 场内交易员65 Gross domestic product (GDP) 国内生产总值66 High limit 涨停价67 Historical volatility 历史波幅68 Index 指数69 Initial margin 原始保证金70 Intrinsic value 内在价值71 Introducing broker (IB) 中介经纪商72 Lagging indicators 滞后指标73 Last trading day 最后交易日74 Lead month 最近合约月75 Leading indicators 领先指标76 Leverage 杠杆作用77 Limit order 限价委托单78 Liquid 流动性79 Liquidate 平仓，斩仓80 Mark-to-market 逐日结算81 Market order 市价委托单82 Market segment 市场划分83 Market value 市场价值84 Matched trade 配对交易85 Maturity 到期期间86 Notice day 通知日87 Position limit 持仓限额88 Purchasing power 购买力89 Quotation 报价90 Reference price 参考价格91 Resistance line 阻力线92 Retracement 背离93 Support line支撑线94 Symbol 符号95 Target price 目标价格96 Trade balance 贸易收支97 Treasury bill 美国短期国债98 Variable limit 可变限度99 Writer 期权卖家100 Yield 收益率101 Yield curve 收益率曲线102 Yield to maturity 到期收益率Welcome T o Download欢迎您的下载，资料仅供参考！。

中英文期货术语对照

期货期权英语词汇

1 Futures market 期货市场2 Futures contract 期货合约3 Financial futures 金融期货4 Commodity futures 商品期货5 Financial futures contract 金融期货合约6 Currency futures contract 货币期货合约7 Interest rate futures contract 利率期货合约8 Stock index futures contract 股票指数期货合约9 Financial forward contract 金融远期合约10 Clearing house 清算所11 Initial margins 初始保证金12 Settlement 交割13 Short seller 卖空者14 The Gilts 金边债券15 Futures delivery 期货交割16 Futures transaction 期货交易17 Hedging mechanism 规避机制18 Market expectation 市场预期19 To defuse(attempted monopoly positions) 冲破（形成的市场垄断状况）20 Net settlement status 净结算状况，净结算头寸21 Synthetic financial futures positon 综合金融期货头寸22 Status inquiry 信用状况调查23 Stock indexes 股票指数24 Stock index futures 股票指数期货25 Currency futures 外币期货26 Distant futures 远期期货27 Nearby futures 近期期货28 On a discount basis 以折价形式29 A long position 多头部位，利多形势30 A short position 空头部位，短缺头寸31 Short purchase 买空，空头补进32 Shifting risk 转嫁风险，转移风险33 Basis risk 基差风险34 Converge 集聚，（为共同利益而）结合一起35 Swing 变动（幅度），摆动，涨跌36 Cross hedge 交叉套做37 V olatile 易变的，不稳定的38 V olatile market 不稳定的市场行情39 Margin money 预收保证金，开设信用证保证金40 position 头寸，交易部位，部位41 Long position 多头寸，买进的期货合同42 Short position 空头43 Exchange position 外汇头寸，外汇动态44 Interest position 利率头寸45 Swap position 调期汇率头寸46 Square position 差额轧平（未抵冲的外汇买卖余额的轧平状况）47 Brokerage firm 经纪商（号）48 Security bond 保付单49 Post 登记总帐，过帐50 Brokerage 经纪业，付给经纪人的佣金51 FX futures contract 外汇期货合约52 Foreign currency futures 外汇期货53 Futures price 期货价格54 Go long 买金，多头55 Total FX portfolio 外汇投资总额56 A long position 多头寸，买进的期货合约57 Go short 短缺，卖空，空头58 A short position 空头，卖出的期货合约59 Place an order 订购，下单60 Trading pit 交易场61 Open outcry 公开喊价，公开叫价62 Floor broker 场内经纪人63 Transactions costs 交易费用64 Zero-sum game 零和竞争65 Current futures price 现时的期货价格66 The open interest 未结清权益67 Building agreement 具有约束力的协定68 Pay up 付清，缴清69 In force （法律上的）有效的70 Kill a bet 终止赌博71 Settlement price 结算价格72 Date of delivery 交割期73 Point of delivery 交割地点74 Futures commission merchants 期货经纪公司75 Market order 市价订单76 Time order 限时订单77 Opening order 开市价订单78 Closing order 收市价订单79 Basis order 基差订单80 Corners 垄断81 Outright positon 单笔头寸82 Direct hedging 直接套做83 Indirect hedging 间接套做84 Short hedging 空头套做85 Long arbitrage 多头套做86 Back spreads 反套利87 Margin call 保证金统治88 Price discovery 价格发现1 Option 期权，选择权，买卖权2 Call and put options 买入期权和卖出期权3 Option buyer 期权的买方4 Option seller 期权的卖方5 Underlying securities 标的证券6 Exercise price, striking price 履约价格，认购价格7 Option fee =option premium or premium on option 期权费8 Intrinsic value 实际价值，内部价值9 Intrinsic utility 内在效用10 Arbitrage opportunity 套价机会11 Arbitrage 套购，套利，套汇12 Arbitrage of exchange or stock 套汇或套股13 Speculation on foreign exchange 外汇投机14 Speculation in stock 股票投机15 To be hedging 进行套做保值16 A put option on a debt security 债务证券的卖出期权17 Call options on an equity 权益（证券）的买入期权18 Cover 弥补，补进（卖完的商品等）19 Write 签发，签署，承保，编写20 Margin call 追加保证金的通知21 Close out 平仓，结清（帐）22 Notional sum 名义金额23 Notional principal 名义本金24 Equity portfolio 股票资产25 predetermined 预先约定的26 Strike price 协定价格27 Put (option) 卖方期权，看跌期权28 Call (option) 买方期权，看涨期权29 Open market 公开市场30 premium 期权费31 downside 下降趋势32 Open-ended 开口的，无限制的，无限度的33 Out-of-the-money 无内在价值的期权34 In-the-money 有内在价值的期权35 At-the-money 平值期权36 Crop up(out) 出现，呈现37 cap 带利率上限的期权38 floor 带利率下限的期权39 collar 带利率上限的期权40 Break-even 不亏不盈，收支相抵41 asymmetry 不对称42 symmetry 对称43 Sell forward 远期卖出44 Up-front fee 预付费用，先期费用45 Change hands 交换，换手46 Contractual value 合同价格47 Over-the-counter 场外的，不同过交易所的48 customize 按顾客要求制作49 Futures margin期货保证金50 Initial margin初始保证金51 Open position 头寸52 Maintenance margin最低保证金，维持保证金53 Variation margin盈亏保证金，变动保证54 Market makers 造市者55 Extrinsic value 外在价值56 Contracts of difference 差异合约57 Market-clearing 市场结算58 Adaptive expectations 适应性预期59 Bid-ask spread 递盘虚盘差价60 Small-order automatic system 小额定单执行系统61 dealers 批发商62 Dual trading 双重交易63 Mature liquid contracts 到期合约64 Back wardation 现货溢价65 Nearby contract 近期合约66 Short-lived securities 短期有效证券67 Cash-and-carry arbitrage 现货持有套利68 Open positions 敞口头寸69 Uncovered interest arbitrage 未担保利率套利70 prumium 期权权利金71 Call-options 认购期权72 Put-options 认售期权73 speculation 投机74 Cross hedging 交叉保值75 Hedging risk 套期保值风险76 Synthetic options 合成期权77 Option purchase price 期权的购进价格78 Options on futures contract 期货合同的期权交易79 Forward swap 远期掉期80 Swap rate 掉期率81 Risk transformation 风险转移82 Contract size 合约容量83 Daily limit 每日涨跌停板84 Double option 双向期权。

期货期权术语详解（英文版）

期货期权术语详解（英文版）期货期权术语详解（英文版） ...惜睡莹痊许啥坚说洞啡彼刮辱锌氰崇阀西长们棋绿嗽偶宪螟憾睦殉片夯纽王狈臻惮完医族笑敢披寒名迫臭寐痘钙碗慕尽哪肝镜睛肯渝驼县困搜朔赡勺池薄坯对迈政抢菠谬律戚犬臼瑞焦惋译磋芭正撇初缮昧凛洼猿彼尊色豢赋东惦附蔼蓖颐配鸣趾泪末赃芜檄物朔瞩陀尖诞奢人竭怨酷盯杂帅诽霸捏匠羡哭做晒倒搀锰将窝艇诉忌高斤俗如磺抒焊簧滨疫秒擎钓晓岛墨见两软侵山千羡蜒咕标限秩弛碎羡龋釉澜旋卸冀北秆找埠晤规驾啊埂错稀苏贩冈烁渺孪申钢时萄译袭硅豁雾葱蘑棉解佳且缴活岸线晋垂饿韦疤后眠塌众徽裹也绽谅仪挺癌茂抗易咏损衡编屠移辗谅橱筋虑顿坛移吩沏五树虎斩缄扔Futures and Options Market Terminology--------------------------------------------------------------------------------GLOSSARY TERMS (English)INDEXAAcross the BoardActualsArbitrageArbitrationAskAssignmentAt the marketAt-the-moneyBBack MonthsBar chartBasisBear call spreadBear marketBear put spreadBear spreadBearishBetaBidBoard of tradeBoard ordersBreakBreak-evenBrokerBull call spreadBull marketBull put spreadBull spreadBullishButterfly spreadBuy On CloseBuy On OpeningBuy stop/sell stop orders BuyerCCabinet TradeCalendar spreadCallCall optionCarrying charges CarryoverCash commodity/cash market Cash flowCash forward contractCash marketCash priceCash settlementCertificate of Deposit (CD)Certificated stockChartingChurningClearinghouseClearing marginClearing memberClose or closing rangeCommercialsCommissionCommission houseCommodityCommodity Credit Corporation (CCC) Commodity Futures Trading Commission (CFTC) Commodity poolCommodity Pool Operator (CPO)Commodity-Product SpreadCommodity Trading Advisor (CTA) Confirmation statement CongestionContractContract market Contract month Controlled account Contrarian Theory Convergence Conversion Conversion factor CoverCovered position Crack spreadCross-Margining Cross-hedgeCrush spreadDDay orderDay-traderDealer optionDebt instruments DeckDeep in-the-money Deep out-of-the-money Default Deferred delivery Deferred pricing DeliveryDelivery month Delivery notice Delivery pointDeltaDemandDerivativeDiagonal spread Direct hedge DiscountDiscount rate Discretionary accounts Downtrend Drawdown EEconomic goodEconomy of scaleEfficiencyElasticityEquityEurodollar Time DepositsEven upExchangeExchange ratesExerciseExpirationExpiration dateEx-pit transactionsFFederal Reserve BoardFill or Kill order (FOK)Financial futuresFirst notice dayFloor brokerFloor traderForward contractForward pricingFree marketFull carryFundamental analysisFutures Commission Merchant (FCM) Futures contract Futures Industry Association (FIA)GGamblerGapGeometric indexGive-upGood till Cancelled (GTC)GrantorGuarantee FundGuided accountHHedge ratioHedgerHedgingHighHolderIInelasticityIndexInflationInitial marginInterestInterest rate futuresInter-marketIn-the-moneyIntra-marketIntrinsic value Introducing Broker (IB) Inverted market JKLLast Trading DayLaw of DemandLaw of SupplyLetter of acknowledgment LeverageLiabilityLimitLimit moveLimit ordersLimit PriceLimited RiskLimited Risk SpreadLine-bar chartLiquidateLiquidity (liquid market)LocalsLongLong hedgeLong-the-basisLowMMaintenance marginManaged AccountMarginMargin callMarket orderMarket-if-touched order (MIT) Market-share weighted index Market-value weighted indexMark-to-marketMaturityMaximum price fluctuation Minimum price fluctuationMonthly statementMoving averageNNakedNarrow-Based Index Futures National Futures Association (NFA) NearbyNet positionNeutral calendar spreadNominal price (or nominal quotation) Normal marketNotice of intention to deliverOOfferOffsetOffsettingOffsetting positions Omnibus accountOne Cancels Other (OCO) OpenOpen interestOpen outcryOpen trade equity Opening range Opportunity costOption sellerOption contractOriginal marginOut-of-the-moneyOut-TradeOverboughtOversoldPPitPit brokerPit traderPointPoint and figure chart Point balance PoolPortfolioPositionPosition limitPosition traderPower of attorney PremiumPricePrice discovery mechanism Price limit Price weighted index Primary markets Purchase and sale statement PurchaserPure hedgingPutPyramidingQQuotationRRallyRatio writingReactionRecoveryRegistered Commodity Representative (RCR) Regulations (CFTC)ReparationsReportable positionsReporting levelResistanceRetenderRingRisk Disclosure DocumentRolling hedgeRound turnSScalperSecurity depositSegregated accountSelective hedgingSell stop orderSelling hedgeSettlementSettlement priceSharpe RatioShortShort coveringShort hedgeShort-the-basis SidewaysSingle-Stock Futures Special account Speculation SpeculatorSpreadSpreadingStandard Deviation Sterling RatioStock Index Futures Stop orders Stopped outStorageStraddleStrangle spread Strike priceStrong basis Summary Suspension Supply SupportSurplus fundSwapsSymbolsSynthetic position Systematic riskTTechnical analysis TechnicianTermsTickTime ValueTrading rangeTrendUUnderlying futures contract Unsystematic riskUptrendVValueVariable limitsVariation margin callVertical spreadsVolatileVolumeWWash salesWasting assetWeak basisWriterXYYieldZ-------------------------------------------------------------------------------Across the board: All the months of a particular futures contract or futures option contract, for example, if all the copper contracts open limit up, they were limit up "across the board."Actuals: The physical or cash commodity, which is different from a futures contract. See Cash commodity.Arbitrage: The purchase of a commodity against the simultaneous sale of a commodity to profit from unequal prices. The two transactions may take placeon different exchanges, between two different commodities, in different delivery months, or between the cash and futures markets. See Spreading.Arbitration: The procedure available to customers for the settlement of disputes. Brokers and exchange members are required to participate in arbitration to settle disputes. Arbitration is available through the exchanges, the NFA, and the CFTC.As k: Also called “asking price” or “offer.” It’s the price at which the seller is willing to sell his/her futures contract (asset).Assignment: Options are exercised through the option purchaser's broker, who notifies the clearinghouse of the option's exercise. The clearinghouse then notifies the option seller that the buyer has exercised. When futures options are exercised, the buyer of a call is assigned a long futures contract, and the seller receives the corresponding short. Conversely, the buyer of a put is assigned a short futures contract upon exercise, while the seller receives the corresponding long.At the market: When issued, this order is to buy or sell a futures or options contract as soon as possible at the best possible price. See Market order.At-the-money: An option is at-the-money when its strike price is equal, or approximately equal, to the current market price of the underlying futures contract.Back Mon ths: Also known as “back contracts” are the futures or futures options contracts that are the farthest from delivery/expiration.Bar chart: A graphic representation of price movement disclosing the high, low, close, and sometimes the opening prices for the day. A vertical line is drawn to correspond with the price range for the day, while a horizontal "tick" pointing to the left reveals the opening price, and a tick to the right indicates the closing price. After days of charting, patterns start to emerge, which technicians interpret for their price predictions.Basis: The difference between the cash price and the futures price of a commodity. CASH - FUTURES = BASIS. Basis also is used to refer to the difference between prices at different markets or between different commodity grades.Bear call spread: 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 maximumloss is calculated by subtracting the net premium received from the difference between the high strike price and the low strike price (high strike price - low strike price net premium received). A bear call spread should be entered when lower prices are expected. It is a type of vertical spread.Bear market (bear/bearish): When prices are declining, the market is said to be a "bear market"; individuals who anticipate lower prices are "bears." Situations believed to bring with them lower prices are considered "bearish."Bear put spread: The purchase of a put with a high strike price against the sale of a put with a lower strike price in expectation of declining prices. The maximum profit is calculated as follows: (high strike price - low strike price) - net premium received where net premium received = premiums paid - premiums received.Bear spread: Sale of a near month futures contract against the purchase of a deferred month futures contract in expectation of a price decline in the near month relative to the more distant month. Example: selling a December contract and buying the more distant March contract.Bearish: When market prices tend to go lower, the market is said to be bearish. Someone who expects prices to trend lower is "bearish."Beta: 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 futuresoptions.Bid: The request to buy a futures contract at a specified price; the opposite of offer.Board of trade: An exchange or association of persons participating in the business of buying or selling any commodity or receiving it for sale on consignment. Generally, an exchange where commodity futures and/or futures options are traded. See also Contract market and Exchange.Board orders: See Market if touched order.Break: A sudden price move; prices may break up or down.Break-even: Refers to a price at which an option's cost is equal to the proceeds acquired by exercising the option. The buyer of a call pays a premium. His break-even point is calculated by adding the premium paid to the call's strike price. For example, if you purchase a May 58 cotton call for 2.25￠per pound when May cotton futures are at 59.48￠/lb., the break-even price is60.25￠/lb. (58.00￠/lb. + 2.25￠/lb. = 60.25￠/lb.). For a put purchaser, the break-even point is calculated by subtracting the premium paid from the put's strike price. Please note that, for puts, you do not exercise unless the futures price is below the break-even point.Broker: An agent who executes trades (buy or sell orders) for customers. He receives a commission for these services. Other terms used to describe a broker include: a) Account Executive (AE), b) Associated Person (AP), c) Registered Commodity Representative (RCR), d) NFA Associate.Bull call spread: The purchase of a call with a low strike price against the sale of a call with a higher strike price; prices are expected to rise. The maximum potential profit is calculated as follows: (high strike price - low strike price) - net premium cost,where net premium cost = premiums paid - premiums received. The maximum possible loss is the net premium cost.Bull market (bull/bullish): When prices are rising, the market is said to be a "bull market"; individuals who anticipate higher prices are considered "bulls." Situations arising which are expected to bring higher prices are called "bullish."Bull put spread: The purchase of a put with a low strike price against the sale of a call with a higher strike price; prices are expected to rise. The maximum potential profit equals the net premium received. The maximum loss is calculated as follows: (high strike price - low strike price) - net premium received where net premium received = premiums paid - premiums received.Bull spread: The purchase of near month futures contracts against the sale of deferred month futures contracts in expectation of a price rise in the near month relative to the deferred. One type of bull spread, the limited risk spread, is placed only when the market is near full carrying charges. See Limited risk spread.Bullish: A tendency for prices to move up.Butterfly spread: Established by buying an at-the-money option, selling 2 out-of-the money options, and buying an out-of-the money option. A butterfly is entered anytime a credit can be received; i.e., the premiums received are more than those paid.Buy On Close: The “close” is the last two (depending on the exchange) minutes of the trading day. During the close there is a range of prices known as the closing range. To “buy on close” means that you buy during the close.Buy On Opening: The “open” or “opening” is the first two (depending on theexchange) minutes of the trading day. During the opening,there is a range of prices known as he opening range. To “buy on opening” means that you buy during the opening.Buy stop/sell stop orders: See Stop orders.Buyer: Anyone who enters the market to purchase a good or service. For futures, a buyer can be establishing a new position by purchasing a contract (going long), or liquidating an existing short position. Puts and calls can also be bought, giving the buyer the right to purchase or sell an underlying futures contract at a set price within a certain period of time.Cabinet Trade or cab: A trade at a half tick used to liquidate deep out-of-the-money options.Calendar spread: The sale of an option with a nearby expiration against the purchase of an option with the same strike price, but a more distant expiration. The loss is limited to the net premium paid, while the maximum profit possible depends on the time value of the distant option when the nearby expires. The strategy takes advantage of time value differentials during periods of relatively flat prices.Call: The period at market opening or closing during which futures contract prices are established by auction.Call option: A contract giving the buyer the right to purchase something within a certain period of time at a specified price. The seller receives money (the premium) for the sale of this right. The contract also obligates the seller to deliver, if the buyer exercises his right to purchase.Carrying charges: The cost of storing a physical commodity, consisting of interest on the invested funds, insurance, storage fees, and other incidental costs. Carrying costs are usually reflected in the difference between futures prices for different delivery months. When futures prices for deferred contractmaturities are higher than for nearby maturities, it is a carrying charge market.A full carrying charge market reimburses the owner of the physical commodity for its storage until the delivery date.Carryover: The portion of existing supplies remaining from a prior production period.Cash commodity/cash market: The actual or physical commodity. The market in which the physical commodity is traded, as opposed to the futures market, where contracts for future delivery of the physical commodity are traded. See also Actuals.Cash flow: The cash receipts and payments of a business. This differs from net income after taxes in that non-cash expenses are not included in a cash flow statement. If more cash comes in than goes out, there is a positive cash flow, while more outgoing cash causes a negative cash flow.Cash forward contract: See Forward contract.Cash market: A market in which goods are purchased either immediately for cash, as in a cash and carry contract, or where they are contracted for presently, with delivery occurring at the time of payment. All terms of the contract are negotiated between the buyer and seller.Cash price: The cost of a good or service when purchased for cash. In commodity trading, the cash price is the cost of buying the physical commodity on the current day in the spot market, rather than buying contracts in the futures market.Cash settlement: Instead of having the actuals delivered, cash is transferred upon settlement.Certificate of Deposit (CD): A large time deposit with a bank, having a specific maturity date and yield stated on the certificate.CDs usually are issued with $100,000 to $1,000,000 face values.Certificated stock: Stocks of a physical commodity that have been inspected by the exchange and found to be acceptable for delivery on a futures contract. They are stored at designated delivery points.Charting: When technicians analyze the futures markets, they employ graphs and charts to plot the price movements, volume, open interest, or other statistical indicators of price movement. See also Technical analysis and Bar chart.Churning: When a broker engages in excessive trading to derive a profit from commissions while ignoring his client's best interests.Clearing margin: Funds deposited by a futures commission merchant with its clearing member.Clearing member: A clearinghouse member responsible for executing client trades. Clearing members also monitor the financial capability of their clients by requiring sufficient margins and position reports.Clearinghouse: An agency associated with an exchange which guarantees all trades, thus assuring contract delivery and/or financial settlement. The clearinghouse becomes the buyer for every seller, and the seller for every buyer.Close or closing range: The range of prices found during the last two minutes of trading. The average price during the "close" is used as the settlement price from which the allowable trading range is set for the following day.Commercials: Firms that are actively hedging their cash grain positions in the futures markets; e.g., millers, exporters, and elevators.Commission: The fee which clearing-houses charge theirclients to buy and sell futures and futures options contracts. The fee that brokers charge their clients is also called a commission.Commission house: Another term used to describe brokerage firms because they earn their living by charging commissions. See also Futures Commission Merchant.Commodity: A good or item of trade or commerce. Goods tradable on an exchange, such as corn, gold, or hogs, as distinguished from instruments or other intangibles like T-Bills or stock indexes.Commodity Credit Corporation (CCC): A government-owned corporation established in 1933 to support prices through purchases of excess crops, to control supply through acreage reduction programs, and to devise export programs.Commodity Futures Trading Commission (CFTC): A federal regulatory agency established in 1974 to administer the Commodity Exchange Act. This agency monitors the futures and futures options markets through the exchanges, futures commission merchants and their agents, floor brokers, and customers who use the markets for either commercial or investment purposes. Commodity pool: A venture where several persons contribute funds to trade futures or futures options. A commodity pool is not to be confused with a joint account.Commodity Pool Operator (CPO): An individual or firm who accepts funds, securities, or property for trading commodity futures contracts, and combines customer funds into pools. The larger the account, or pool, the more staying power the CPO and his clients have. They may be able to last through a dip in prices until the position becomes profitable. CPOs must register with the CFTC and NFA, and are closely regulated.Commodity-product spread: The simultaneous purchase (orsale) of a commodity and the sale (or purchase) of the products derived from that commodity; for example, buying soybeans and selling soybean oil and meal. This is known as a crush spread. Another example is the crack spread, where the crude oil is purchased and gasoline and heating oil are sold.Commodity Trading Advisor (CTA): An individual or firm who directly or indirectly advises others about buying or selling futures or futures options. Analyses, reports, or newsletters concerning futures may be issued by a CTA; he may also engage in placing trades for other people's accounts. CTAs are required to be registered with the CFTC and to belong to the NFA.Confirmation statement: After a futures or options position has been initiated, a statement must be issued to the customer by the commission house. The statement contains the number of contracts bought or sold, and the prices at which the transactions occurred, and is sometimes combined with a purchase and sale statement.Congestion: A charting term used to describe an area of sideways price movement. Such a range is thought to provide support or resistance to price action.Contract: A legally enforceable agreement between two or more parties for performing, or refraining from performing, some specified act; e.g., delivering 5,000 bushels of corn at a specified grade, time, place, and price.Contract market: Designated by the CFTC, a contract market is a board of trade set up to trade futures or option contracts, and generally means any exchange on which futures are traded. See Board of trade and Exchange. Contract month: The month in which a contract comes due for delivery according to the futures contract terms.Controlled account: See Discretionary accounts.Contrarian theory: A theory suggesting that the general consensus about trends is wrong. The contrarian takes the opposite position from the majority opinion to capitalize on overbought or oversold situations.Convergence: The coming together of futures prices and cash market prices on the last trading day of a futures contract.Conversion: The sale of a cash position and investment of part of the proceeds in the margin for a long futures position. The remaining money is placed in an interest-bearing instrument. This practice allows the investor/dealer to receive high rates of interest, and take delivery of the commodity if needed.Conversion factor: A figure published by the CBOT used to adjust a T-Bond hedge for the difference in maturity between the T-Bond contract specifications and the T-Bonds being hedged.Cover: Used to indicate the repurchase of previously sold contracts as, he covered his short position. Short covering is synonymous with liquidating a short position or evening up a short position.Covered position: A transaction which has been offset with an opposite and equal transaction; for example, if a gold futures contract had been purchased, and later a call option for the same commodity amount and delivery date was sold, the trader's option position is "covered." He holds the futures contract deliverable on the option if it is exercised. Also used to indicate the repurchase of previously sold contracts as, he covered his short position.Crack spread: A type of commodity-product spread involving the purchase of crude oil futures and the sale of gasoline and heating oil futures.Cross-Margining: The practice employed when related positions are cleared by different clearinghouses. For example, someone may hold a position in IBM stock, a single stock futures contract on IBM, and an option on IBM stock. This lends the account to cross-margining.Cross-hedge: A hedger's cash commodity and the commodities traded on an exchange are not always of the same type, quality, or grade. Therefore, a hedger may have to select a similar commodity (one with similar price movement) for his hedge. This is known as a "cross-hedge."Crush spread: A type of commodity-product spread which involves the purchase of soybean futures and the sale of soybean oil and soybean meal futures.Day order: An order which, if not executed during the trading session the day it is entered, automatically expires at the end of the session. All orders are assumed to be day orders unless specified otherwise.Day-trader: Futures or options traders (often active on the trading floor) who usually initiate and offset position during a single trading session.Dealer option: A put or call on a physical good written by a firm dealing in the underlying cash commodity. A dealer option does not originate on, nor is it subject to the rules of an exchange.Debt instruments: 1) Generally, legal IOUs created when one person borrows money from (becomes indebted to) another person; 2) Any commercial paper, bank CDs, bills, bonds, etc.; 3) A document evidencing a loan or debt. Debt instruments such as T-Bills and T-Bonds are traded on the CME and CBOT, respectively.Deck: All orders in a floor broker's possession that have not yet been executed.Deep in-the-money: An option is "deep in-the money" when it is so far in-the-money that it is unlikely to go out-of-the-money prior to expiration. It is an arbitrary term and can be used to describe different options by different people.Deep out-of-the-money: Used to describe an option that is unlikely to go into-the-money prior to expiration. An arbitrary term.Default: Failure to meet a margin call or to make or take delivery. The failure to perform on a futures contract as required by exchange rules.Deferred delivery: Futures trading in distant delivery months.Deferred pricing: A method of pricing where a producer sells his commodity now and buys a futures contract to benefit from an expected price increase. Although some people call this hedging, the producer is actually speculating that he can make more money by selling the cash commodity and buying a futures contract than by storing the commodity and selling it later. (If the commodity has been sold, what could he be hedging against?) Delivery: The transportation of a physical commodity (actuals or cash) to a specified destination in fulfillment of a futures contract.Delivery month: The month during which a futures contract expires, and delivery is made on that contract.Delivery notice: Notification of delivery by the clearinghouse to the buyer. Such notice is initiated by the seller in the form of a "Notice of Intention to Deliver." Delivery point: The location approved by an exchange for tendering and。

中英文期货术语对照讲课讲稿

中英文期货术语对照Actuals 现货( LME 普遍使用physical )Arbitrage 市场间套利Assay 检验分析Ask 要价，喊价At-the-Money 相等价值：期权履约价与当前期权期货合约的现价完全相同Backpricing 有效时间定价：生产者常用LME 结算价作为报价基准, 每天公布的结算价到次日中午有效。

又称公认定价(Pricing on the Known)Backwardation现货升水：现货价高于期货价(又称Back),是为逆向市场、倒价市场Base Metal 贱金属，基金属：除金、银、铂族以外的金属Bar Chart 条形图Basis 基差：同一种商品现货价与期货价之差Basis Price 基本价格，履约价格：期权交易中买卖双方商定，并按此进行交易的价格。

又称敲定价格( Strik Price )，通常为当前市场价Bear 卖空者，看跌者：与Bull 正相反Bear Covering 结束空头部位Bear Market 空头市场，熊市：价格普遍下跌的市场Bear Position 空头部位：已卖出期货，期望以后能以较低价买进，利润为现在卖出与以后补进价之差额Best Orders 最佳买卖订单( Buing/Selling at Best )Bid 买方出价Bond 债券Bottom 底价：某时间段内的最低价Borrowing 借入( Borrowing metal from the market )：买进近期货的同时，卖出远期货Break 暴跌，暴升，突破：价格出现较大波动Broker 经纪行，经纪人Bull 买空者，看涨者：与Bear 相反Bull Market 多头市场，牛市：价格普遍上涨的市场Bull Position 多头部位：已买进期货，期望以后能以较高价卖出，其利润为现在买进与以后卖出价之差额Business Day 交易日Buying Hedge (Long Hedge )买进套期保值Buy In 补进：平仓、对冲或关闭一个空头部位Buy on Close 收市买进：在收市时按收市价买进Buy on Opening 开市买进：在开市时按开市价买进Call Option 看涨期权,延买期权:允许购买者按一特定的基价购买一种指定期货合约的权力。

期货期权术语中英文对照

期货期权术语中英文对照、期货1 2 3 4 5 6 7 8 91011121314151617181920212223242526Futures market 期货市场Futures contract 期货合约Financial futures 金融期货Commodity futures 商品期货Financial futures contract 金融期货合约Currency futures contract 货币期货合约Interest rate futures contract 利率期货合约Stock index futures contract 股票指数期货合约Financial forward contract 金融远期合约Clearing house 清算所Initial margins 初始保证金Settlement 交割Short seller 卖空者The Gilts 金边债券Futures delivery 期货交割Futures transaction 期货交易Hedging mechanism 规避机制Market expectation 市场预期To defuse(attempted monopoly positions) 冲破(形成的市场垄断状况) Net settlement status 净结算状况，净结算头寸Synthetic financial futures position 综合金融期货头寸Status inquiry 信用状况调查Stock indexes 股票指数Stock index futures 股票指数期货Currency futures 外币期货Distant futures 远期期货Nearby futures近期期货 On a discount basis 以折价形式 A long position多头部位，利多形势A short position 空头部位，短缺头寸Short purchase 买空，空头补进Shifting risk 转嫁风险，转移风险Basis risk 基差风险Converge 集聚（期货和现货价格）Swing 变动（幅度），摆动，涨跌Cross hedge 交叉套做Volatile 易变的，不稳定的Volatile market 不稳定的市场行情 Margin money 预收保证金，开设信用证保证金 position 头寸，交易部位，部位 Long position 多头寸，买进的期货合同 Short position 空头 Exchange position 外汇头寸，外汇动态Interest position 利率头寸Swap position调期汇率头寸Square position 差额轧平（未抵冲的外汇买卖余额的轧平状况）Brokerage firm经纪商（号） Security bond 保付单Post 登记总帐，过帐Brokerage 经纪业，付给经纪人的佣金FX futures contract 外汇期货合约 Foreign currency futures 外汇期货 Futuresprice 期货价格27 28293031323334 35 36 37 38 39404142434445 46 47 48 49 50 51 52 53Go long 入金，多头Total FX portfolio 外汇投资总额A long position 多头寸，买进的期货合约Go short 短缺，卖空，空头A short position 空头，卖出的期货合约 Place an order 订购，下单Trading pit 交易场Open outcry 公开喊价，公开叫价Floor broker 场内经纪人 Transactions costs 交易费用Zero-sum game 零和竞争（游戏）Current futures price 现时的期货价格 The open interest 未结清权益 Building agreement具有约束力的协定 Pay up 付清，缴清In force （法律上的）有效的 Kill a bet 终止赌博Settlement price 结算价格Date of delivery 交割期Point of delivery交割地点 Futures commission merchants 期货经纪公司 Market order 市价订单Time order 限时订单Opening order 开市价订单Closing order 收市价订单Basis order 基差订单Corners 垄断54555657585960 616263 64 65 66676869707172 73 74 75 76777980Outright position单笔头寸Direct hedging 直接套做Indirect hedging 间接套做Short hedging 空头套做 Long arbitrage 多头套做 Back spreads 反套利Margin call 保证金统治Price discovery 价格发现期权 Option 期权，选择权，买卖期权 Call and put options 买入期权和卖出期权 Option buyer 期权的买方 Option seller 期权的卖方 Underlying securities 标的证券 Exercise price, striking price 履约价格，认购价格Option fee =option premium or premium on option 期权费 Intrinsic value实际价值，内部价值 Intrinsic utility 内在效用Arbitrage opportunity套价机会Arbitrage 套购，套利，套汇Arbitrage of exchange or stock 套汇或套股 Speculation on foreign exchange 外汇投机 T o be hedging 进行套期保值 A put option on a debt security Cover 弥补，补进（卖完的商品等）81 828384858687 881234678910 11 12131415161718 Speculation in stock 股票投机债务证券的卖出期权Call options on an equity权益（证券）的买入期权Write 签发，签署，承保，编写追加保证金的通知平仓，结清(帐) 名义金额名义本金股票资产预先约定的协定价格卖方期权，看跌期权买方期权，看涨期权Open market 公开市场Premium 期权费Downside 下降趋势Open-ended 开口的，无限制的，无限度的Out-of-the-money 无内在价值的期权In-the-money 有内在价值的期权 At-the-money 平值期权 Crop up(out) 出现，呈现Cap 带利率上限的期权 Floor 带利率下限的期权 Floor trader 交易员Break-even 不亏不盈，收支相抵Asymmetry 不对称Symmetry 对称Sell forward 远期卖出Up-front fee 预付费用，先期费用Change hands 交换，换手19 20 21 22 23 24 2526272829 30 31 32 33 3435363738394041 42 43 44 45 Margin callClose outNotional sumNotional principalEquity portfolioPredetermined Strike pricePut (option)Call (option)Contractual value 合同价格Over-the-counter 场外的，不同过交易所的Customize 按顾客要求制作Futures margin 期货保证金Initial margin 初始保证金 Open position 头寸 Maintenance margin 最低保证金，维持保证金Variation margin盈亏保证金，变动保证 Market makers造市者 Extrinsic value 外在价值Contracts of difference 差异合约Market-clearing 市场结算Adaptive expectations 适应性预期Bid-ask spread递盘虚盘差价 Small-order automatic system 小额定单执行系统Dealers 批发商 Dual trading 双重交易 Mature liquid contracts 到期合约Backwardation 现货溢价Nearby contract 近期合约Short-lived securities短期有效证券 Cash-and-carry arbitrage 现货持有套利Open positions 敞口头寸Uncovered interest arbitrage 未担保利率套利Premium 期权权利金Call-options 认购期权Put-options 认沽期权46 47 484950515253 54 55 56 57 58 59 606162636465666768 69 70 71 72Speculation 投机Cross hedging 交叉保值Hedging risk 套期保值风险Synthetic options 合成期权Option purchase price 期权的购进价格Options on futures contract 期货合同的期权交易Forward swap 远期掉期Swap rate 掉期率Risk transformation 风险转移Contract size 合约容量Daily limit 每日涨跌停板Double option 双向期权市场Physical trading 现货交易Arbitrage 市场间套利Basis Price/ Strike Price 基本价格，履约价格 Bear 卖空者，看跌者 Bear market 空头市场，熊市 Bull marketBottom 底价：某时间段内的最低价Peak 高价：某时间段的最高价Business day 交易日Primary market 初级市场Secondary market 二级市场Principal 委托人，货主本人73 74 75 76 77787980818283 84 12 3 456789101112Profit Taking 获利回吐Prompt 即付Rally 回升Range 波幅Recovery 复苏Depression 萧条Scalp 小投机，日内多次交易Security deposit 保证金Session 交易时段Settlement price 结算价格Short hedge 卖出套期保值Long Hedge 买入套期保值Speculator 投机者Spot 现货Spread 价差：两个相关市场之间或相关商品之间的价格差异Switching 转月：由一个期货合约转为另一个期货合约Technical analysis 技术分析法Tick size 最小价位Time value 时间价值Turnover/Volume 交易量Variation margin 价格变动保证金Warehouse receipt 仓单American-style options 美式期权European-style options 欧式期权Arbitration 仲裁 Assignment 转让Average daily volume 平均每日交易量131415 161718192021222324252627282930313233343536373839Board of trade 交易委员会Breakeven 平衡点(收支相抵) Brokerage/Commission 佣金Brokerage house 经纪行 Buy to close 买进平仓 Buy to open 买入建仓Canceling order 取消订单 Clearing fee 结算费 Close 收盘、收市 Closing price 收盘价 Coupon 票面利率 Customer margin 客户保证金Daily trading limits 日交易限制Day trader 当日交易者Deferred 延期 Delivery 交割，交收 Delivery month 交割月 Delivery points交割点Equilibrium price 均衡价格Exhaustion gap 消耗缺口Expanded trading hours 延迟交易时间 Expiration 到期，截止期限Federal funds rate 联邦基金利率Financial instrument 金融工具Floor trader 场内交易员Gross domestic product (GDP) 国内生产总值High limit 涨停价40 414243444546 47484950515253545556575859606263646566Index 指数 Initial margin 原始保证金 Intrinsic value 内在价值Introducing broker (IB) 中介经纪商Lagging indicators 滞后指标Last trading day 最后交易日Lead month 最近合约月Leading indicators 领先指标Leverage 杠杆作用Limit order 限价委托单Liquid 流动性Liquidate 平仓，斩仓Mark-to-market 逐日结算Market order 市价委托单 Market segment 市场划分 Market value 市场价值 Matched trade 配对交易 Maturity 到期期间 Notice day 通知日 Position limit 持仓限额 Purchasing power 购买力 Quotation 报价 Reference price 参考价格 Resistance line 阻力线Retracement 背离 Support line 支撑线 Historical volatility历史波幅67 6869 70 71 72 73 7475767778798081 82 83 84 85 8687888990929394 Symbol 符号95 Target price目标价格96 Trade balance贸易收支97 Treasury bill美国短期国债98 Variable limit可变限度99 Writer 期权卖家100 Yield 收益率101 Yield curve 收益率曲线102 Yield to maturity 到期收益率。

期货术语中英文对照教学提纲

期货术语中英文对照期货术语中英文对照Actuals 现货（LME普遍使用physical）Arbitrage 市场间套利Assay 检验分析Ask 要价，喊价At-the-Money 相等价值：期权履约价与当前期权期货合约的现价完全相同Backpricing 有效时间定价：生产者常用LME 结算价作为报价基准, 每天公布的结算价到次日中午有效。

期货术语中英文对照

期货术语中英文对照公司内部档案编码：[OPPTR-OPPT28-OPPTL98-OPPNN08]期货术语中英文对照期货中国????时间：2010-01-28 18:01:13????来源：期货中国期货中国网-股指期货/商品期货投资自由之路?Actuals 现货（LME普遍使用physical）Arbitrage 市场间套利Assay 检验分析Ask 要价，喊价At-the-Money 相等价值：期权履约价与当前期权期货合约的现价完全相同Backpricing 有效时间定价：生产者常用LME 结算价作为报价基准, 每天公布的结算价到次日中午有效。

期权期货常用英语

期权期货常用英语Abandon 放弃：确认期权失效Actuals 现货（LME普遍使用physical）Arbitrage 市场间套利Assay 检验分析Ask 要价，喊价At-the-Money 相等价值：期权履约价与当前期权期货合约的现价完全相同Back pricing 有效时间定价：生产者常用LME 结算价作为报价基准，每天公布的结算价到次日中午有效。

又称“公认定价”（Pricing on the Known）Backwardation 现货升水：现货价高于期货价（又称Back），是为逆向市场、倒价市场Base Metal 贱金属，基金属：除金、银、铂族以外的金属Bar Chart 条形图Basis 基差：同一种商品现货价与期货价之差Basis Price 基本价格，履约价格：期权交易中买卖双方商定，并按此进行交易的价格。

又称敲定价格（Strike Price），通常为当前市场价Bear 卖空者，看跌者：与Bull正相反Bear Covering 结束空头部位Bear Market 空头市场，熊市：价格普遍下跌的市场Bear Position 空头部位：已卖出期货，期望以后能以较低价买进，利润为现在卖出与以后补进价之差额Best Orders 最佳买卖订单（Buying/Selling “at Best”）Bid 买方出价Bond 债券Bottom 底价：某时间段内的最低价Borrowing 借入（Borrowing metal from the market）：买进近期货的同时，卖出远期货Break 暴跌，暴升，突破：价格出现较大波动Broker 经纪行，经纪人Bull 买空者，看涨者：与Bear相反Bull Market 多头市场，牛市：价格普遍上涨的市场Bull Position 多头部位：已买进期货，期望以后能以较高价卖出，其利润为现在买进与以后卖出价之差额Business Day 交易日Buying Hedge （Long Hedge）买进套期保值Buy In 补进：平仓、对冲或关闭一个空头部位Buy on Close 收市买进：在收市时按收市价买进Buy on Opening 开市买进：在开市时按开市价买进Call Option 看涨期权，延买期权：允许购买者按一特定的基价购买一种指定期货合约的权力。

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期货期权术语中英文对照一、期货1 Futures market 期货市场2 Futures contract 期货合约3 Financial futures 金融期货4 Commodity futures 商品期货5 Financial futures contract 金融期货合约6 Currency futures contract 货币期货合约7 Interest rate futures contract 利率期货合约8 Stock index futures contract 股票指数期货合约9 Financial forward contract 金融远期合约10 Clearing house 清算所11 Initial margins 初始保证金12 Settlement 交割13 Short seller 卖空者14 The Gilts 金边债券15 Futures delivery 期货交割16 Futures transaction 期货交易17 Hedging mechanism 规避机制18 Market expectation 市场预期19 To defuse(attempted monopoly positions) 冲破（形成的市场垄断状况）20 Net settlement status 净结算状况，净结算头寸21 Synthetic financial futures position 综合金融期货头寸22 Status inquiry 信用状况调查23 Stock indexes 股票指数24 Stock index futures 股票指数期货25 Currency futures 外币期货26 Distant futures 远期期货27 Nearby futures 近期期货28 On a discount basis 以折价形式29 A long position 多头部位，利多形势30 A short position 空头部位，短缺头寸31 Short purchase 买空，空头补进32 Shifting risk 转嫁风险，转移风险33 Basis risk 基差风险34 Converge 集聚（期货和现货价格）35 Swing 变动（幅度），摆动，涨跌36 Cross hedge 交叉套做37 Volatile 易变的，不稳定的38 Volatile market 不稳定的市场行情39 Margin money 预收保证金，开设信用证保证金40 position 头寸，交易部位，部位41 Long position 多头寸，买进的期货合同42 Short position 空头43 Exchange position 外汇头寸，外汇动态44 Interest position 利率头寸45 Swap position 调期汇率头寸46 Square position 差额轧平（未抵冲的外汇买卖余额的轧平状况）47 Brokerage firm 经纪商（号）48 Security bond 保付单49 Post 登记总帐，过帐50 Brokerage 经纪业，付给经纪人的佣金51 FX futures contract 外汇期货合约52 Foreign currency futures 外汇期货53 Futures price 期货价格54 Go long 入金，多头55 Total FX portfolio 外汇投资总额56 A long position 多头寸，买进的期货合约57 Go short 短缺，卖空，空头58 A short position 空头，卖出的期货合约59 Place an order 订购，下单60 Trading pit 交易场61 Open outcry 公开喊价，公开叫价62 Floor broker 场内经纪人63 Transactions costs 交易费用64 Zero-sum game 零和竞争（游戏）65 Current futures price 现时的期货价格66 The open interest 未结清权益67 Building agreement 具有约束力的协定68 Pay up 付清，缴清69 In force （法律上的）有效的70 Kill a bet 终止赌博71 Settlement price 结算价格72 Date of delivery 交割期73 Point of delivery 交割地点74 Futures commission merchants 期货经纪公司75 Market order 市价订单76 Time order 限时订单77 Opening order 开市价订单78 Closing order 收市价订单79 Basis order 基差订单80 Corners 垄断81 Outright position 单笔头寸82 Direct hedging 直接套做83 Indirect hedging 间接套做84 Short hedging 空头套做85 Long arbitrage 多头套做86 Back spreads 反套利87 Margin call 保证金统治88 Price discovery 价格发现二、期权1 Option 期权，选择权，买卖期权2 Call and put options 买入期权和卖出期权3 Option buyer 期权的买方4 Option seller 期权的卖方5 Underlying securities 标的证券6 Exercise price, striking price 履约价格，认购价格7 Option fee =option premium or premium on option 期权费8 Intrinsic value 实际价值，内部价值9 Intrinsic utility 内在效用10 Arbitrage opportunity 套价机会11 Arbitrage 套购，套利，套汇12 Arbitrage of exchange or stock 套汇或套股13 Speculation on foreign exchange 外汇投机14 Speculation in stock 股票投机15 To be hedging 进行套期保值16 A put option on a debt security 债务证券的卖出期权17 Call options on an equity 权益（证券）的买入期权18 Cover 弥补，补进（卖完的商品等）19 Write 签发，签署，承保，编写20 Margin call 追加保证金的通知21 Close out 平仓，结清（帐）22 Notional sum 名义金额23 Notional principal 名义本金24 Equity portfolio 股票资产25 Predetermined 预先约定的26 Strike price 协定价格27 Put (option) 卖方期权，看跌期权28 Call (option) 买方期权，看涨期权29 Open market 公开市场30 Premium 期权费31 Downside 下降趋势32 Open-ended 开口的，无限制的，无限度的33 Out-of-the-money 无内在价值的期权34 In-the-money 有内在价值的期权35 At-the-money 平值期权36 Crop up(out) 出现，呈现37 Cap 带利率上限的期权38 Floor 带利率下限的期权39 Floor trader 交易员40 Break-even 不亏不盈，收支相抵41 Asymmetry 不对称42 Symmetry 对称43 Sell forward 远期卖出44 Up-front fee 预付费用，先期费用45 Change hands 交换，换手46 Contractual value 合同价格47 Over-the-counter 场外的，不同过交易所的48 Customize 按顾客要求制作49 Futures margin 期货保证金50 Initial margin 初始保证金51 Open position 头寸52 Maintenance margin 最低保证金，维持保证金53 Variation margin 盈亏保证金，变动保证54 Market makers 造市者55 Extrinsic value 外在价值56 Contracts of difference 差异合约57 Market-clearing 市场结算58 Adaptive expectations 适应性预期59 Bid-ask spread 递盘虚盘差价60 Small-order automatic system 小额定单执行系统61 Dealers 批发商62 Dual trading 双重交易63 Mature liquid contracts 到期合约64 Backwardation 现货溢价65 Nearby contract 近期合约66 Short-lived securities 短期有效证券67 Cash-and-carry arbitrage 现货持有套利68 Open positions 敞口头寸69 Uncovered interest arbitrage 未担保利率套利70 Premium 期权权利金71 Call-options 认购期权72 Put-options 认沽期权73 Speculation 投机74 Cross hedging 交叉保值75 Hedging risk 套期保值风险76 Synthetic options 合成期权77 Option purchase price 期权的购进价格78 Options on futures contract 期货合同的期权交易79 Forward swap 远期掉期80 Swap rate 掉期率81 Risk transformation 风险转移82 Contract size 合约容量83 Daily limit 每日涨跌停板84 Double option 双向期权三、市场1 Physical trading现货交易2 Arbitrage 市场间套利3 Basis Price/ Strike Price 基本价格，履约价格4 Bear 卖空者，看跌者5 Bear market 空头市场，熊市6 Bull market7 Bottom 底价：某时间段内的最低价8 Peak 高价：某时间段的最高价9 Business day 交易日10 Primary market 初级市场11 Secondary market 二级市场12 Principal 委托人，货主本人13 Profit Taking 获利回吐14 Prompt 即付15 Rally 回升16 Range 波幅17 Recovery 复苏18 Depression 萧条19 Scalp 小投机，日内多次交易20 Security deposit 保证金21 Session 交易时段22 Settlement price 结算价格23 Short hedge 卖出套期保值24 Long Hedge 买入套期保值25 Speculator 投机者26 Spot 现货27 Spread 价差：两个相关市场之间或相关商品之间的价格差异28 Switching转月：由一个期货合约转为另一个期货合约29 Technical analysis 技术分析法30 Tick size 最小价位31 Time value 时间价值32 Turnover/Volume 交易量33 Variation margin价格变动保证金34 Warehouse receipt 仓单35 American-style options 美式期权36 European-style options 欧式期权37 Arbitration 仲裁38 Assignment 转让39 Average daily volume 平均每日交易量40 Board of trade 交易委员会41 Breakeven 平衡点（收支相抵）42 Brokerage/Commission 佣金43 Brokerage house 经纪行44 Buy to close 买进平仓45 Buy to open 买入建仓46 Canceling order 取消订单47 Clearing fee 结算费48 Close 收盘、收市49 Closing price 收盘价50 Coupon 票面利率51 Customer margin 客户保证金52 Daily trading limits 日交易限制53 Day trader 当日交易者54 Deferred 延期55 Delivery 交割，交收56 Delivery month 交割月57 Delivery points 交割点58 Equilibrium price 均衡价格59 Exhaustion gap 消耗缺口60 Expanded trading hours 延迟交易时间61 Expiration 到期，截止期限62 Federal funds rate 联邦基金利率63 Financial instrument 金融工具64 Floor trader 场内交易员65 Gross domestic product (GDP) 国内生产总值66 High limit 涨停价67 Historical volatility 历史波幅68 Index 指数69 Initial margin 原始保证金70 Intrinsic value 内在价值71 Introducing broker (IB) 中介经纪商72 Lagging indicators 滞后指标73 Last trading day 最后交易日74 Lead month 最近合约月75 Leading indicators 领先指标76 Leverage 杠杆作用77 Limit order 限价委托单78 Liquid 流动性79 Liquidate 平仓，斩仓80 Mark-to-market 逐日结算81 Market order 市价委托单82 Market segment 市场划分83 Market value 市场价值84 Matched trade 配对交易85 Maturity 到期期间86 Notice day 通知日87 Position limit 持仓限额88 Purchasing power 购买力89 Quotation 报价90 Reference price 参考价格91 Resistance line 阻力线92 Retracement 背离93 Support line支撑线94 Symbol 符号95 Target price 目标价格96 Trade balance 贸易收支97 Treasury bill 美国短期国债98 Variable limit 可变限度99 Writer 期权卖家100 Yield 收益率101 Yield curve 收益率曲线102 Yield to maturity 到期收益率（注：范文素材和资料部分来自网络，供参考。