{"id":52285,"date":"2026-07-22T09:52:12","date_gmt":"2026-07-22T09:52:12","guid":{"rendered":"https:\/\/www.vtmarkets.com\/zh-ca\/uncategorized\/52285\/"},"modified":"2026-07-22T09:52:12","modified_gmt":"2026-07-22T09:52:12","slug":"%e8%8b%b1%e9%8e%8a%e4%b8%8b%e6%8c%ab%ef%bc%8c%e4%bc%af%e7%b4%8d%e5%a7%86%e7%94%9f%e6%b4%bb%e6%88%90%e6%9c%ac%e6%89%bf%e8%ab%be%e9%87%8d%e7%87%83%e5%82%b5%e5%8b%99%e6%86%82%e6%85%ae%e4%b8%a6%e6%8e%a8","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh-ca\/live-updates\/52285\/","title":{"rendered":"\u82f1\u938a\u4e0b\u632b\uff0c\u4f2f\u7d0d\u59c6\u751f\u6d3b\u6210\u672c\u627f\u8afe\u91cd\u71c3\u50b5\u52d9\u6182\u616e\u4e26\u63a8\u9ad8\u6ce2\u52d5\u6027"},"content":{"rendered":"

\u82f1\u938a\u5728\u82f1\u570b\u9996\u76f8\u4f2f\u7d0d\u59c6\uff08Burnham\uff09\u4e0a\u5834\u5f8c\u7684\u521d\u6b65\u53cd\u5f48\u8fc5\u901f\u6d88\u9000\uff0c\u622a\u81f3\u6628\u65e5\uff0c\u82f1\u938a\u81ea\u4e0a\u5468\u4e2d\u4ee5\u4f86\u514c\u6b50\u5143\u7684\u5347\u5e45\u5df2\u88ab\u5b8c\u5168\u62b9\u53bb\u3002\u5e02\u5834\u7126\u9ede\u8f49\u5411\u5176\u65e9\u671f\u653f\u7b56\u8a0a\u865f\uff0c\u91cd\u9ede\u5728\u964d\u4f4e\u751f\u6d3b\u6210\u672c\uff0c\u5305\u62ec\u900f\u904e\u66ab\u6642\u66ab\u505c\u5fb5\u6536\u96fb\u529b\u589e\u503c\u7a05\uff08VAT\uff09\u63d0\u4f9b\u7a05\u52d9\u5bec\u514d\uff0c\u4ee5\u53ca\u63d0\u9ad8\u514d\u7a05\u984d\u3002\u4ed6\u4ea6\u63d0\u51fa\u64f4\u5927\u793e\u6703\u623f\u5c4b\u7684\u8a08\u5283\uff0c\u4f5c\u70ba\u89e3\u6c7a\u7121\u5bb6\u53ef\u6b78\u554f\u984c\u7684\u4e00\u90e8\u5206\uff0c\u540c\u6642\u4ecd\u6392\u9664\u5927\u5e45\u52a0\u7a05\u7684\u53ef\u80fd\u6027\u3002<\/p>\n

\u4e0a\u8ff0\u8b70\u7a0b\u5f15\u767c\u5916\u754c\u5c0d\u76f8\u95dc\u63aa\u65bd\u5982\u4f55\u7c4c\u63aa\u8cc7\u91d1\u7684\u7591\u554f\uff0c\u4ee4\u82f1\u570b\u9577\u671f\u50b5\u52d9\u53ef\u6301\u7e8c\u6027\u518d\u5ea6\u6210\u70ba\u95dc\u6ce8\u7126\u9ede\u3002\u5e02\u5834\u6b63\u8a55\u4f30\u653f\u5e9c\u5728\u8ca1\u653f\u53ef\u6301\u7e8c\u6027\u8207\u7d93\u6fdf\u589e\u9577\u76ee\u6a19\u4e4b\u9593\u53d6\u5f97\u5e73\u8861\u7684\u80fd\u529b\uff0c\u5c24\u5176\u5728\u4f2f\u7d0d\u59c6\u627f\u8afe\u63a8\u884c\u300c\u65b0\u7d93\u6fdf\u6a21\u5f0f\u300d\u5f8c\uff0c\u610f\u5473\u653f\u5e9c\u53ef\u80fd\u6709\u66f4\u5927\u7a7a\u9593\u9032\u884c\u5927\u898f\u6a21\u5e72\u9810\u3002\u6587\u7ae0\u6307\u51fa\u5167\u5bb9\u7531\u4eba\u5de5\u667a\u80fd\u5de5\u5177\u5354\u52a9\u88fd\u4f5c\uff0c\u4e26\u7d93\u7de8\u8f2f\u5be9\u95b1\u3002<\/p>\n

\u82f1\u938a\u6ce2\u5e45\u4e0a\u5347\u8207\u8ca1\u653f\u4e0d\u78ba\u5b9a\u6027<\/h3>\n

\u6211\u5011\u9810\u671f\uff0c\u672a\u4f86\u6578\u5468\u82f1\u938a\u5c07\u9762\u81e8\u66f4\u9ad8\u6ce2\u52d5\u6027\uff0c\u5e02\u5834\u5c0d\u9996\u76f8\u4f2f\u7d0d\u59c6\u65b0\u7d93\u6fdf\u653f\u7b56\u7684\u6a02\u89c0\u60c5\u7dd2\u8fc5\u901f\u964d\u6eab\u3002\u7531\u65bc\u5e02\u5834\u6182\u616e\u5176\u63d0\u51fa\u7684\u7a05\u52d9\u5bec\u514d\u53ca\u793e\u6703\u623f\u5c4b\u8a08\u5283\u5c07\u5982\u4f55\u878d\u8cc7\uff0c\u82f1\u938a\u514c\u6b50\u5143\u8fd1\u671f\u5347\u5e45\u5df2\u6089\u6578\u56de\u5410\u3002\u57282026\u5e74\u5e74\u4e2d\uff0c\u82f1\u570b\u516c\u5171\u90e8\u9580\u6de8\u8ca0\u50b5\u5f98\u5f8a\u65bc\u63a5\u8fd1GDP\u768498%\uff0c\u5e02\u5834\u5c0d\u4efb\u4f55\u7f3a\u4e4f\u8cc7\u91d1\u4f86\u6e90\u652f\u6301\u7684\u8ca1\u653f\u64f4\u5f35\u9ad8\u5ea6\u654f\u611f\u3002<\/p>\n

\u5c0d\u884d\u751f\u54c1\u4ea4\u6613\u54e1\u800c\u8a00\uff0c\u9019\u7a2e\u8ca1\u653f\u4e0d\u78ba\u5b9a\u6027\u4ee4\u62bc\u6ce8\u82f1\u938a\u55ae\u4e00\u65b9\u5411\u7684\u98a8\u96aa\u6975\u9ad8\u3002\u76f8\u53cd\uff0c\u6211\u5011\u5efa\u8b70\u63a1\u7528\u4ee5\u6ce2\u52d5\u7387\u70ba\u6838\u5fc3\u7684\u671f\u6b0a\u7b56\u7565\uff0c\u4f8b\u5982\u5728EUR\/GBP\u90e8\u7f72\u9577\u8de8\u5f0f\uff08long straddle\uff09\u6216\u52d2\u5f0f\uff08long strangle\uff09\u3002\u6b64\u8209\u53ef\u8b93\u6211\u5011\u5728\u5e02\u5834\u5c31\u5373\u5c07\u516c\u5e03\u7684\u653f\u7b56\u7d30\u7bc0\u4f5c\u51fa\u53cd\u61c9\u3001\u532f\u50f9\u51fa\u73fe\u96d9\u5411\u6025\u5287\u6ce2\u52d5\u6642\u53d7\u60e0\u3002<\/p>\n

\u50b5\u5e02\u5f71\u97ff\u8207\u98a8\u96aa\u7ba1\u7406\u7b56\u7565<\/h3>\n

\u6211\u5011\u4ea6\u61c9\u5bc6\u5207\u76e3\u5bdf\u82f1\u570b\u570b\u50b5\uff08gilts\uff09\u5e02\u5834\u3002\u53d7\u50b5\u52d9\u53ef\u6301\u7e8c\u6027\u6182\u616e\u5f71\u97ff\uff0c10\u5e74\u671f\u82f1\u50b5\u5b73\u606f\u7387\u8fd1\u65e5\u56de\u5347\u81f34.2\u5398\u4ee5\u4e0a\u3002\u4ea4\u6613\u54e1\u53ef\u900f\u904e\u8cb7\u5165\u9577\u5e74\u671f\u82f1\u50b5\u7684\u50f9\u5916\uff08out-of-the-money\uff09\u8a8d\u6cbd\u671f\u6b0a\uff0c\u90e8\u7f72\u82f1\u570b\u50b5\u52d9\u9032\u4e00\u6b65\u53d7\u58d3\u7684\u60c5\u5883\u3002\u6b77\u53f2\u4e0a\uff0c\u82f1\u570b\u4e00\u65e6\u51fa\u73fe\u610f\u5916\u7684\u8ca1\u653f\u653f\u7b56\u8f49\u5411\uff0c\u5f80\u5f80\u89f8\u767c\u50b5\u5e02\u8fc5\u901f\u62cb\u552e\uff0c\u56e0\u6b64\u4e3b\u6b0a\u50b5\u884d\u751f\u54c1\u76ee\u524d\u63d0\u4f9b\u95dc\u9375\u5c0d\u6c96\u5de5\u5177\u3002<\/p>\n

\u7531\u65bc\u653f\u5e9c\u4e0b\u4e00\u6b65\u884c\u52d5\u53ef\u80fd\u5f15\u767c\u5e02\u5834\u7a81\u7136\u9006\u8f49\uff0c\u6211\u5011\u5fc5\u9808\u4ee5\u6975\u9ad8\u7d00\u5f8b\u7ba1\u7406\u98a8\u96aa\u3002\u6211\u5011\u5efa\u8b70\u4fdd\u6301\u4f4e\u69d3\u687f\uff0c\u4e26\u4f7f\u7528\u77ed\u5e74\u671f\u82f1\u938a\u8a8d\u6cbd\u671f\u6b0a\uff08GBP puts\uff09\u9632\u7bc4\u532f\u50f9\u7a81\u767c\u4e0b\u8dcc\u3002\u672a\u4f86\u6578\u5468\uff0c\u501a\u91cd\u96b1\u542b\u6ce2\u52d5\u7387\u932f\u50f9\uff08implied volatility mispricings\uff09\u7b56\u7565\uff0c\u6599\u66f4\u6709\u6a5f\u6703\u53d6\u5f97\u8f03\u7a69\u5065\u56de\u5831\u3002<\/p>\n\n\n\n

\u7acb\u5373\u958b\u59cb\u4ea4\u6613 \u2014 \u9ede\u64ca\u6b64\u8655<\/a>\u958b\u8a2d\u60a8\u7684 VT Markets \u771f\u5be6\u8cec\u6236\u3002<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

\u4f2f\u7d0d\u59c6\u4e0a\u5834\u82f1\u938a\u53cd\u5f48\u6619\u82b1\u4e00\u73fe\uff0c\u514c\u6b50\u5143\u5347\u5e45\u5168\u6578\u56de\u5410\uff1b\u6e1b\u751f\u6d3b\u6210\u672c\u653f\u7b56\u60f9\u878d\u8cc7\u7591\u96f2\uff0c\u82f1\u50b5\u5b73\u606f\u56de\u5347\u3002\u7b56\u7565\uff1aEUR\/GBP\u9577\u8de8\u3001\u8cb7Gilts\u50f9\u5916\u8a8d\u6cbd\uff0c\u56b4\u63a7\u69d3\u687f\u3002<\/p>\n","protected":false},"author":87,"featured_media":50735,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/posts\/52285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/comments?post=52285"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/posts\/52285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/media\/50735"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/media?parent=52285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/categories?post=52285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/tags?post=52285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}