1. Interpretation of premium: When determining the forward exchange rate, it is determined whether it is rising or falling by analyzing the exchange rate trend.
2. In the futures market, if the spot price is lower than the futures price, the basis is negative, and the forward futures price is higher than the recent futures price. This situation is called. Futures premium? , also called what? Spot discount? The part where the forward futures price exceeds the recent futures price is called. Futures premium rate? (futures premium); If the forward futures price is lower than the recent futures price, the spot price is higher than the futures price, and the basis is positive. This situation is called. Futures discount? , or? Spot premium? The part where the forward futures price is lower than the recent futures price is called? Futures discount rate? (spot premium)