But since miners have cut back their hedging programmes to almost zero, the gold lending market, which is mediated by large bullion-dealing Banks, has dwindled.

但是，自从矿商将各自的对冲计划缩减至几乎为零以来，由交易黄金的大银行为中介的黄金出借市场已逐渐缩小。

youdao

Then, as the market fell, those declines would have forced even more 'hedging' sales, creating a tsunami of pressure that spread to nearly all parts of the market.

而后，随着市场继续下滑，已产生的跌幅可能迫使更多的“对冲”交易形成，造成了海啸爆发般的压力冲击至市场的几乎各个角落。

youdao

The function of futures markets is price discovery, price risk hedging, and market efficiency improving.

期货市场的功能在于价格发现、价格风险规避及市场效率提高。

youdao

Speaking of hedging market reversals, it appears that several VIX call spreads traded on the February 26 and March 35 strikes, with the February options purchased and the March options sold.

FORBES: U.S. Stock Futures Higher After Fed; Netflix Upgraded to Buy at Citi

The index closed at 4870 on Thursday, but options investors are hedging the market will go lower early Friday following a general decline in Asian Pacific equities already.

FORBES: Locals Shorting India Stock Market

Hedging emerging market currency risk can be expensive because sometimes those markets are not very liquid and when price direction changes, it can be difficult to lift the hedges.

FORBES: INTERVIEW: WGC: Gold Overlay Works As Currency Hedge In EM Currencies