By using an approach close to the real hedging practice, the paper is to study the effects of the length of hedging horizon and futures contract selection on the optimal hedge ratio and hedge effectiveness in the copper and aluminum futures market in China.

Mechanism Design for SOPR Transfer: Based on Firm-Employee Contract Choice;

Research on single futures contract market risk evaluation VaR-GARCH model and its application;

The concepts about futures exchange, the sharps of contracts in developed countries and the optimized models of forward contracts and future contracts are introduced in this article.

Stock pricing model based on futures contracts and the stock market

This paper considers that setting up transaction of index futures contracts in China is not only essential but also feasable.

Liquidity would decide the viability of futures contracts and improve the realization of the basic function of the futures market.

A model of dynamic fiducial margin for single futures based on VaR-WKDE

Futures are contracts which are formulated by futures exchange and dealed in exchange.

The primary concept and the risk trait of futures and forwards are explicated, and the price character of futures and forwards are studied, and then the measured relationship between futures and forwards is establisheb in this paper.