一种旨在降低
风险的行动或策略。套期保值常见的形式是在一个
市场或
资产上做交易,以对冲在另一个
市场或
资产上的
风险。例如,某
公司购买一份
外汇期权以对冲即期汇率的波动对其经营带来的
风险。进行套期保值的人称为套期者或对冲者(hedger)。
参见Speculator(投机商)。
An action or strategy designed to minimize
risk. A hedge often takes the form of a transaction in one market or asset, which protects against losses in another – e.g. a company buys an FX (
foreign exchange)
option to protect against the risk to its business of fluctuations in
spot currency rates. Those pursuing
hedging strategies are known as hedgers.
See also: Speculator