本章主要采用课堂讲授、多媒体教学和课堂讨论的教学方法和手段。 10 Introduction to Financial Futures Markets (一)目的与要求 1.What is a futures contract 2. Basic economic functions of a futures contract 3.Specification of a futures contract 4.Difference between futures and forward contracts 5.The role of the clearinghouse 6.Mark-to-market,margin requirements and market quotes of futures contracts 7.What is counterparty risk 8.Risk/return relationship of futures positions 9.How is a futures contract priced 10.Measuring Interest Rates and Continuous compounding 11.Why the actual futures price may differ from the theoretical futures pric 12.What is the value of a forward contract 13.Principles of hedging and the risks 14.Role of futures markets in the economy 15.分析“富强、公正、诚信”社会主义核心价值观在利率计量中的体现，帮助学生 强化责任意识与诚信意识，树立正确的消费观，防范不良校园贷现象。 (二)教学内容 第I节Mechanics of Futures Trading 1.主要内容 Basic economic function of futures markets Specification of a Futures contract Alternatives for liquidating a futures position The Role of the Clearinghouse ●Margin requirements ●Marking--to-market 2.基本概念和知识点 Futures contract .Underlying Instrument ●Commodity futures ●Settlement date Liquidating a Position 12 12 本章主要采用课堂讲授、多媒体教学和课堂讨论的教学方法和手段。 第 10 章 Introduction to Financial Futures Markets （一）目的与要求 1. What is a futures contract 2. Basic economic functions of a futures contract 3. Specification of a futures contract 4. Difference between futures and forward contracts 5. The role of the clearinghouse 6. Mark-to-market, margin requirements and market quotes of futures contracts 7. What is counterparty risk 8. Risk/return relationship of futures positions 9. How is a futures contract priced 10. Measuring Interest Rates and Continuous compounding 11. Why the actual futures price may differ from the theoretical futures price 12. What is the value of a forward contract 13. Principles of hedging and the risks 14. Role of futures markets in the economy 15. 分析“富强、公正、诚信”社会主义核心价值观在利率计量中的体现，帮助学生 强化责任意识与诚信意识，树立正确的消费观，防范不良校园贷现象。 （二）教学内容 第 1 节 Mechanics of Futures Trading 1. 主要内容 ⚫ Basic economic function of futures markets ⚫ Specification of a Futures contract ⚫ Alternatives for liquidating a futures position ⚫ The Role of the Clearinghouse ⚫ Margin Requirements ⚫ Marking-to-market 2. 基本概念和知识点 ⚫ Futures contract ⚫ Underlying Instrument ⚫ Commodity futures ⚫ Settlement date ⚫ Liquidating a Position