摘要
今年以来铁矿石价格明显上涨,其季度指数化定价已成趋势,而国际上铁矿石衍生品交易热度也在不断升温,其交易的金融化特征逐渐显现。文章以铁矿石场外掉期交易为例,介绍了近年来商品市场上场外掉期产品集中清算机制的构成,并研究了它的发展特征。
Iron ore prices have been increasing noticeably since the beginning of this year,and quarterly index pricing has become a trend.In addition,iron-ore derivatives trade is booming in international markets,with more financial features in the trading.This paper takes iron ore OTC swaps as an example to introduce the structure of centralized clearing of OTC swap products in the commodities market,and summarizes the features of its development.
出处
《中国货币市场》
2010年第8期39-42,共4页
China Money
关键词
商品市场
场外掉期产品
集中清算机制
commodities market
OTC swap products
centralized clearing
