Current location - Trademark Inquiry Complete Network - Futures platform - Which of the following is not the reason for the failure of the current arbitrage strategy?
Which of the following is not the reason for the failure of the current arbitrage strategy?
Carry out speculative operations.

Some enterprises directly enter the futures market. At the beginning, it was all for hedging and arbitrage. However, after a period of operation, they felt that speculation was not bad, so they began to do speculation instead, resulting in losses due to lack of experience and other reasons.

The quantity sold exceeds the actual spot quantity. When some spot enterprises hedge and arbitrage, they exceed the spot quantity they expect to hedge, and the excess becomes speculative trading.