1) Stock repurchase refers to the repurchase of a certain number of issued shares by listed companies from the stock market. After the stock repurchase is completed, the company can cancel the repurchased shares, but in most cases, the company keeps the repurchased shares as "treasury shares" and still belongs to tradable shares, but does not participate in the calculation of earnings per share and income distribution. Treasury shares can be used for other purposes in the future (for example, employee welfare plan, issuing convertible bonds, etc.). ) or sell it when you need funds.

2. Hedging is equivalent to flat trading.

Betting refers to bankers or futures companies placing opposite orders with others.

3. The position is a market agreement, which promises to buy and sell the initial position of foreign exchange contracts. Those who buy foreign exchange contracts are all bulls and are in the expected position; Selling foreign exchange contracts is an empty position and is in the expected position. Position can refer to the amount of funds owned or borrowed by investors.

4. Futures terms.

Lock positions generally refer to futures investors opening new positions opposite to the original positions after buying and selling futures contracts, which are also called lock positions, lock orders, and even euphemistically called butterfly Qi Fei. Locking is generally divided into two ways, namely profit locking and loss locking. Profit lock-in means that futures contracts bought and sold by investors have a certain floating profit. Investors feel that the original general trend has not changed, but the market may fall back or rebound briefly. Investors don't want to close the original low-priced orders or high-priced orders easily, so they continue to hold the original positions and open new positions in the opposite direction. Loss locking means that there is a certain degree of floating loss in futures contracts bought and sold by investors. Investors can't see the market outlook clearly, but they don't want to turn the floating loss into an actual loss, so they continue to hold the original loss position and open a new position in the opposite direction in an attempt to lock in the risk.

5. Leveraged trading generally appears in futures trading.

Suppose I buy a futures contract with 65438+ 10,000 yuan. When it goes up by 1%, I gain 8%; if it goes down by 1%, I lose 8%.

It is a kind of transaction that seems to be the principle of leverage.