{"id":46528,"date":"2026-05-07T09:27:48","date_gmt":"2026-05-07T09:27:48","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/%e6%b3%95%e5%9b%bd3%e6%9c%88%e5%87%ba%e5%8f%a3%e5%b0%8f%e5%b9%85%e5%8d%87%e8%87%b3525%e4%ba%bf%e6%ac%a7%e5%85%83%ef%bc%8c%e4%bb%a4%e5%b8%82%e5%9c%ba%e5%af%b9%e6%ac%a7%e6%b4%b2%e5%a4%ae%e8%a1%8c\/"},"modified":"2026-05-07T09:27:48","modified_gmt":"2026-05-07T09:27:48","slug":"%e6%b3%95%e5%9b%bd3%e6%9c%88%e5%87%ba%e5%8f%a3%e5%b0%8f%e5%b9%85%e5%8d%87%e8%87%b3525%e4%ba%bf%e6%ac%a7%e5%85%83%ef%bc%8c%e4%bb%a4%e5%b8%82%e5%9c%ba%e5%af%b9%e6%ac%a7%e6%b4%b2%e5%a4%ae%e8%a1%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/%e6%b3%95%e5%9b%bd3%e6%9c%88%e5%87%ba%e5%8f%a3%e5%b0%8f%e5%b9%85%e5%8d%87%e8%87%b3525%e4%ba%bf%e6%ac%a7%e5%85%83%ef%bc%8c%e4%bb%a4%e5%b8%82%e5%9c%ba%e5%af%b9%e6%ac%a7%e6%b4%b2%e5%a4%ae%e8%a1%8c\/","title":{"rendered":"\u6cd5\u56fd3\u6708\u51fa\u53e3\u5c0f\u5e45\u5347\u81f3525\u4ebf\u6b27\u5143\uff0c\u4ee4\u5e02\u573a\u5bf9\u6b27\u6d32\u592e\u884c\u964d\u606f\u62bc\u6ce8\u4fdd\u6301\u514b\u5236"},"content":{"rendered":"

\u6cd5\u56fd3\u6708\u51fa\u53e3\u603b\u989d\u4e3a525\u4ebf\u6b27\u5143\uff0c\u5bf9\u6bd4\u524d\u503c520.13\u4ebf\u6b27\u5143\u3002<\/p>\n

3\u6708\u6570\u636e\u6bd4\u524d\u503c\u9ad84.87\u4ebf\u6b27\u5143\u3002\u4e24\u8005\u5355\u4f4d\u5747\u4e3a\u6b27\u5143\u3002<\/p>\n

\u6cd5\u56fd\u51fa\u53e3\u663e\u793a\u6e29\u548c\u97e7\u6027<\/h3>\n

\u6cd5\u56fd3\u6708\u51fa\u53e3\u7565\u9ad8\u4e8e\u9884\u671f\uff08525\u4ebf\u6b27\u5143\uff09\uff0c\u4e3a\u6b27\u5143\u533a\u5e26\u6765\u4e00\u70b9\u5229\u597d\uff0c\u663e\u793a\u6b27\u6d32\u6838\u5fc3\u7ecf\u6d4e\u4f53\u4ecd\u6709\u4e00\u5b9a\u627f\u538b\u80fd\u529b\u3002\u867d\u7136\u53ea\u662f\u5c0f\u5e45\u6539\u5584\uff0c\u4f46\u6709\u52a9\u4e8e\u5f3a\u5316\u201c\u53bb\u5e74\u672b\u653e\u7f13\u540e\u6b63\u5728\u8d8b\u7a33\u201d\u7684\u5224\u65ad\u3002<\/p>\n

\u63a5\u4e0b\u6765\u9700\u8981\u5173\u6ce8\u8fd9\u5bf9\u6b27\u6d32\u592e\u884c\uff08ECB\uff0c\u6b27\u5143\u533a\u7684\u4e2d\u592e\u94f6\u884c\uff0c\u8d1f\u8d23\u5229\u7387\u4e0e\u8d27\u5e01\u653f\u7b56\uff09\u9884\u671f\u7684\u5f71\u54cd\u3002\u6b27\u5143\u533a4\u6708\u901a\u80c0\uff08\u7269\u4ef7\u6574\u4f53\u4e0a\u6da8\u901f\u5ea6\uff09\u4e3a2.6%\uff0c\u7565\u504f\u9ad8\uff1b\u51fa\u53e3\u6570\u636e\u504f\u5f3a\uff0c\u4e5f\u4e0d\u592a\u4f1a\u4fc3\u4f7fECB\u52a0\u5feb\u964d\u606f\u3002\u56e0\u6b64\uff0c\u62bc\u6ce8\u4eca\u5e74\u590f\u5b63\u201c\u5927\u5e45\u5bbd\u677e\u201d\u7684\u884d\u751f\u54c1\u4ed3\u4f4d\u53ef\u80fd\u9700\u8981\u9002\u5ea6\u964d\u4f4e\u3002
\n– \u884d\u751f\u54c1\uff08derivatives\uff09\uff1a\u4ef7\u503c\u6765\u81ea\u5176\u4ed6\u8d44\u4ea7\uff08\u5982\u6c47\u7387\u3001\u5229\u7387\u3001\u80a1\u6307\uff09\u7684\u91d1\u878d\u5408\u7ea6\u3002
\n– \u5bbd\u677e\/\u964d\u606f\uff1a\u964d\u4f4e\u5229\u7387\u4ee5\u523a\u6fc0\u7ecf\u6d4e\u3002<\/p>\n

\u5bf9\u5916\u6c47\u4ea4\u6613\u8005\u800c\u8a00\uff0c\u8fd9\u4efd\u6570\u636e\u5bf9\u6b27\u5143\u6709\u5c0f\u5e45\u652f\u6491\u3002VSTOXX\u6ce2\u52a8\u7387\u6307\u6570\uff08\u8861\u91cf\u6b27\u5143\u533a\u80a1\u7968\u5e02\u573a\u9884\u671f\u6ce2\u52a8\u7684\u6307\u6807\uff09\u63a5\u8fd114\u7684\u4f4e\u4f4d\u65f6\uff0c\u4e70\u5165EUR\/USD\u770b\u6da8\u671f\u6743\uff08call option\uff0c\u4e00\u79cd\u652f\u4ed8\u6743\u5229\u91d1\u540e\u3001\u5728\u7ea6\u5b9a\u671f\u9650\u5185\u6309\u7ea6\u5b9a\u4ef7\u683c\u4e70\u5165\u7684\u6743\u5229\uff09\u53ef\u80fd\u662f\u8f83\u7701\u6210\u672c\u7684\u65b9\u5f0f\uff0c\u7528\u4e8e\u5e03\u5c40\u6e29\u548c\u4e0a\u884c\u3002
\n– EUR\/USD\uff1a\u6b27\u5143\u5151\u7f8e\u5143\u6c47\u7387\u3002
\n– \u770b\u6da8\u671f\u6743\uff1a\u9884\u671f\u4ef7\u683c\u4e0a\u6da8\u65f6\u4f7f\u7528\u7684\u671f\u6743\u5de5\u5177\u3002
\n– \u6743\u5229\u91d1\uff08premium\uff09\uff1a\u8d2d\u4e70\u671f\u6743\u652f\u4ed8\u7684\u8d39\u7528\u3002<\/p>\n

\u4f46\u4e5f\u8981\u5bf9\u6bd4\u7f8e\u56fd\u7ecf\u6d4e\u504f\u5f3a\u7684\u80cc\u666f\uff1a\u7f8e\u56fd4\u6708\u65b0\u589e\u5c31\u4e1a\u8d85\u8fc724\u4e07\uff0c\u4ee4\u7f8e\u8054\u50a8\uff08Federal Reserve\uff0c\u7f8e\u56fd\u4e2d\u592e\u94f6\u884c\uff09\u66f4\u53ef\u80fd\u7ef4\u6301\u5229\u7387\u4e0d\u53d8\uff0c\u9650\u5236EUR\/USD\u5927\u5e45\u4e0a\u6da8\u7a7a\u95f4\u3002\u5728\u8fd9\u79cd\u60c5\u51b5\u4e0b\uff0c\u4e0e\u5176\u62bc\u6ce8\u7a81\u7834\u884c\u60c5\uff0c\u66f4\u5408\u7406\u7684\u505a\u6cd5\u53ef\u80fd\u662f\u533a\u95f4\u7b56\u7565\uff08range-bound\uff0c\u5728\u4e00\u5b9a\u4e0a\u4e0b\u8303\u56f4\u5185\u9ad8\u629b\u4f4e\u5438\u6216\u505a\u6ce2\u52a8\u7b56\u7565\uff09\u3002<\/p>\n

\u6b27\u6d32\u6307\u6570\u7684\u80a1\u5e02\u6ce2\u52a8\u7b56\u7565<\/h3>\n

\u5728\u80a1\u7968\u5e02\u573a\u65b9\u9762\uff0c\u504f\u7a33\u7684\u6570\u636e\u53ef\u80fd\u652f\u6491\u6cd5\u56fdCAC 40\u7b49\u6b27\u6d32\u6307\u6570\u3002\u5728\u9690\u542b\u6ce2\u52a8\u7387\uff08implied volatility\uff0c\u671f\u6743\u4ef7\u683c\u53cd\u6620\u7684\u201c\u5e02\u573a\u9884\u671f\u6ce2\u52a8\u5e45\u5ea6\u201d\uff09\u8f83\u4f4e\u65f6\uff0c\u5356\u51fa\u865a\u503c\u770b\u8dcc\u4ef7\u5dee\uff08out-of-the-money put spread\uff1a\u540c\u65f6\u5356\u51fa\u8f83\u9ad8\u6267\u884c\u4ef7\u7684\u770b\u8dcc\u671f\u6743\u3001\u4e70\u5165\u8f83\u4f4e\u6267\u884c\u4ef7\u7684\u770b\u8dcc\u671f\u6743\uff0c\u4ee5\u6536\u53d6\u6743\u5229\u91d1\u5e76\u9650\u5236\u98ce\u9669\uff09\u53ef\u80fd\u66f4\u6709\u5438\u5f15\u529b\u3002\u8fd9\u79cd\u7b56\u7565\u7684\u6838\u5fc3\u89c2\u70b9\u662f\uff1a\u77ed\u671f\u5185\u5e02\u573a\u4e0d\u592a\u4f1a\u51fa\u73b0\u660e\u663e\u4e0b\u8dcc\uff0c\u4ece\u800c\u901a\u8fc7\u6536\u53d6\u671f\u6743\u6743\u5229\u91d1\u83b7\u5f97\u6536\u76ca\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u6cd5\u56fd3\u6708\u51fa\u53e3\u5347\u81f3525\u4ebf\u6b27\u5143\uff0c\u9ad8\u4e8e\u524d\u503c\uff0c\u91ca\u653e\u6b27\u5143\u533a\u6e29\u548c\u97e7\u6027\u4fe1\u53f7\uff1b\u6216\u51cf\u5f31ECB\u52a0\u901f\u964d\u606f\u9884\u671f\uff0c\u6b27\u5143\u83b7\u5c0f\u652f\u6491\u4f46\u53d7\u7f8e\u5f3a\u52bf\u9650\u5236\uff0c\u7b56\u7565\u504f\u533a\u95f4\u4e0e\u4f4e\u6ce2\u52a8\u671f\u6743\u3002<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[129],"tags":[],"class_list":["post-46528","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/46528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/comments?post=46528"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/46528\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=46528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=46528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=46528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}