基差和基差风险 Basis and basis risk 基差-期货价格与现货价格的差 Basis- the difference between the futures price and the spot price 在到期前的时间短整个基差都在变化最后为零 over time the basis will likely change and will eventually converge 基差风险-影响利润或套期业绩的基差变化 Basis risk- the variability in the basis that will affect profits and/or hedging performance 22-1022-10 基差和基差风险 Basis and Basis Risk 基差- 期货价格与现货价格的差 Basis - the difference between the futures price and the spot price – 在到期前的时间短整个基差都在变化最后为零 over time the basis will likely change and will eventually converge 基差风险-影响利润或套期业绩的基差变化 Basis Risk - the variability in the basis that will affect profits and/or hedging performance