For example, in February 2002, a user bought a rebar futures product with a contract of 2005 on the third day, and there was a unilateral market on that day, which means that the price limit was expanded on February 4. If this situation still occurs on this trading day, the price limit will continue to be expanded on February 5, and the date involved will be called d 1, and the following day will be named d2.
In addition to the above concepts, users should also understand the problem of compulsory lightening. Similarly, as explained in the last issue, the reason for the forced lightening is that on the d3 trading day of a product on the exchange, the closing price of the product was declared as open position, and the futures contract position users of the product will automatically match the transaction according to the position ratio according to the price limit of the day, and participate in such forced lightening, which is of great help to investors who have problems in grasping the market situation.
I. Origin
The word "financial management" first appeared in newspapers in the early 1990s. With the expansion of China's stock and bond markets, the enrichment of commercial banks and retail businesses, and the increase of citizens' overall income year by year, the concept of "financial management" has gradually become popular. Personal financial management can be roughly divided into personal assets and personal liabilities, including funds, stocks, bonds, deposits, life insurance, gold and other personal assets; Personal housing mortgage loan and personal consumption credit belong to personal liabilities.
Second, the specific content
Financial management, as its name implies, refers to financial management. When people talk about financial management, they think of either investing or making money. In fact, the scope of financial management is very wide. Financial management is to manage the wealth of a lifetime, that is, the cash flow and risk management of an individual's life. Contains the following meanings:
1. Financial management is a lifelong treasure, not just to solve the problem of urgent need for money.
2. Financial management is cash flow management. Everyone needs money, such as cash outflow, and also needs to make money to generate cash inflow. Therefore, whether you have money or not, everyone needs to manage money.
3. Financial management also includes risk management. Because more flows in the future are uncertain, including personal risk, property risk and market risk, which will affect cash inflow (income interruption risk) or cash outflow (cost increase risk).