国际期货市场运作

1、International Futures Markets Operation1Evaluation on your Study1. 10% come from usual performance (assignments, attendance and attitude)2. 40% come from team work( a presentation on futures market analysis).3. 50% come from final exam. 2Grading ScaleA90 +B80 89C70 79D65 69FBelow 653Notes Regular at

2、tendance and active participation in class are expected from all students. The “participation” portion of your grade will be based primarily on your performance on quizzes, in-class exercises, and homework assignments.4Other IssuesAcademic Dishonesty: Plagiarism and cheating are serious offenses and

3、 may be punished by failure on the exam, paper; failure in the course; and/or expulsion from University. 5What kind of things can you learn from the whole courses in this semester ?6First: Guide you to enter the futures marketChapter 1 The Journey Ahead Chapter 2 Beginning with the BasicsChapter 3 T

4、he Modern Futures Exchange7Chapter 4 Life on the Trading FloorChapter 5 The Variety of Futures MarketsChapter 6 Getting Started in Trading Futures8Chapter 7 Futures OptionsChapter 8 Hedging with SpreadsChapter 9 Fundamental AnalysisChapter 10 Technical Analysis: Chart Patterns9 Chapter 11 Technical

5、Analysis: Timing Indicators Chapter 12 Managing Risk Chapter 13 The Psychology of Investing10Some views on futures tradingFutures trading is one of the investment-related vehicles requiring relatively low capital input that offers virtually unlimited profit potential to those with motivation, persis

6、tence, and skill. 11Some views on futures tradingArmed with information, sufficient starting capital, discipline, and time, the average investor can generate large profits.12Some views on futures trading1. Futures trading is not purely scientific.2. There are no shortcuts or cookbook formulates for

7、success in futures trading.3. One can lose more than ones original investment or speculative capital in trading the futures markets.134. There are as many as nine losers for every one winner in the futures markets.5. Lasting success is a function of skill, knowledge, and persistence.14Why Trade Futu

8、res?1. Futures trading offers the independent individual a career that can lead to great wealth2. The futures industry has grown rapidly. 15Why Trade Futures?3. The futures markets are, in many respects, leading economic indicators.4. Learning how to trade futures can help you develop the discipline

9、 necessary for success in many other investment areas.16Illustrations & Suggestions on The CourseThis course will provide you with a basic education in futures trading.If you decide to become a futures trader, remember that futures trading involves the risk of loss as well as the potential for rewar

10、d.17Illustrations & Suggestions on The CourseTake notes.Application of the concepts can assist in your understanding and learning.Ask questions. If youre unsure about a concept or term ask me or log on to the Internet and search for your topic.18Major Exchanges in Trading FuturesChicago Board of Tra

11、de CBOT Chicago Mercantile Exchange CME New York Futures Exchange NYFE New York Mercantile Exchange NYMEX 19Commodity Exchange, New York COMEX London International Financial Futures Exchange LIFFE London Metal Exchange LME Shanghai Futures Exchange SHFE 20Online Futures Brokerage Firms21 经易网 金中讯 南华期

12、货网 易发网 世华财网 实达期货22Reference Books1. Richard J. Teweles, Frank J. Jones, Edited by Ben Warwick,THE FUTURES GAME.2. Frank J. Fabozzi , Second Edition, INVESTMENT MANAGEMENT.3. Zvi Bodie, Alex Kane, Alan Marcus, Fourth Edition, INVESTMENT.4. John C. Hull, Fourth Edition, Fundamentals of Futures and Options Markets23Re