Since it is impossible to do investment simultaneously in both local futures market and spot market , as the result of risks , investors suffer from disastrous loss 由于市场缺乏跨市组合投资工具，机构投资者损失惨重。 2001年基金业全年的净收益与上年比，跌幅高达77 . 78 。
The grade of the listed commodity should be characterized with practice of the spot market , and substitutes should be discouraged to use for delivery 标准交割品应体现现货经营特点，尽可能减少替代交割品。跨年度交割品是否可以交剖，应在现货市场基础上，结合期货市场运行规律来确定。
China ' s prealent short - term trading mentality , combined with its inexperience in managing long - term contracts , has resulted in many of its companies relying on the spot market for resources 中国普遍存在的短期买卖心态，加上处理长期合同经验不足，导致许多中国企业依靠现货市场获取资源商品。
China ' s prevalent short - term trading mentality , combined with its inexperience in managing long - term contracts , has resulted in many of its companies relying on the spot market for resources 中国普遍存在的短期买卖心态，加上处理长期合同经验不足，导致许多中国企业依靠现货市场获取资源商品。
But it is possible that , rather than having the beneficial , stabilising effects on the spot market that theoretically come from the forward market , these activities are instead leading to higher volatility 但他们这些投机活动不一定会像理论所指有关期货市场有助现货市场维持稳定，反而会增加后者的波动。
The main reasons are that the oil spot market is dominated by cnpc and sinopec , oil pricing mechanism is not transparent and oil enterprises are not familiar with the rule of overseas oil futures market 究其原因，主要是中石油和中石化垄断了中国的石油市场，石油定价机制不透明以及石油企业对境外石油期货市场的规则不了解。
Critics of stock index futures assert that index futures trading will increase the volatility of its underlying spot market and produce financial crisis so to endanger financial safety of our country 比如我国目前推出股指期货时机是否恰当，股指期货的开发对现货市场会不会带来波动，股指期货的推出是否会导致金融危机，从而危及国家金融安全等。
Except many defects in the spot market , the lack of efficient agricultural product futures market price signal to guide the production and management of grain is also an important reason for the reversion of the reform 究其原因，除了现货市场体系还有较多的不足之处，很重要的一个原因就在于缺乏有效的期货市场价格信号来引导粮食的生产和流通。
Cramer shows how to compare stock prices in a way that you can understand , how to spot market tops and bottoms , how to know when to sell , how to rotate among cyclical stocks to catch the big moves , and much more 克莱姆表明，如何比较股票价格在某种程度上，你可以理解，如何现货市场领先和屁股，又如何知道什么时候卖，如何轮流周期性股票，以赶上大的动作，甚至还有更多。
Considering that small and medium sized financial institutions may find it difficult to acquire credit authorization in the early days of otc transactions , it is necessary to keep automatic price - matching transactions in the inter - bank spot market 考虑到在引入otc方式的初期，中小金融机构在短期内获取授信存在一定困难，为满足中小金融机构的外汇交易需要，仍有必要保留银行间即期撮合方式。
