书上说:shift the entire spread up to increase the likelihood of buying the base currency, or down to increase the likelihood of selling base.
for example, a dealer who changes her bid-ask in EUR:USD from 1.3 - 1.33 to 1.29 - 1.32, would expecte to buy less euros and to sell more euros, which would decrease her inventory position in euros.
我不明白啊,哪位师兄师姐给我解释一下呢?谢谢!
这段话描述的内容跟现在做空欧元的情形类似。
汇率从 1:1.3 降到 1:1.29 表明欧元换美元在下跌,此时的交易主要为做空欧元,所以dealer会多卖出欧元,上涨的时候做多,下跌的时候做空是最常见的交易手法。
意思是保持中间价不变,你可以调整整个spread的区间上移或下移,看你是想买还是想卖。
比如保持中间价1.3不变,你(这里你就是dealer)想买欧元的时候就报bid 1.29 ask 1.33,但是如若你想卖欧元,则中间价还是1.3你就要报价bid 1.27 ask 1.31,make sense?
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