IzimaliAmabhange

Shintsha - ukuthi iyini ngamagama alula?

Ukuhweba kwi "Forex" inikeza ulwazi eminye imigomo. Omunye wabo - "eguqulayo". Yini-ke nokuthi kuyini, ukufunda ku.

definition

Shintsha - iyona ukudluliselwa ukuthengiselana evulekile ngokusebenzisa ebusuku. Kungaba omuhle (accrual omyalo) nemibi (bhala-offs). Ngokuvamile yakhetha le operation, ekuphetheni medium- futhi eside ukuthengiselana. Emini, Swaps kungukuthi icala.

Njengoba eguqulayo kwakhiwa

Njalo phakathi nesonto ngesikhathi 01:00 eMoscow isikhathi yonke imisebenzi evulekile kuthiwa recalculated, njenge-close kuqala bese kabusha wavula. Ukuze ngamunye wabo uyasho eguqulayo esekelwe lamanje refinancing. Amaphesenti kulencane olunikezwa pair ethandwa (dollar / euro, i-ganda / euro nokunye. D.). amazinga refinancing ethulwa waminyaka yonke. Kodwa senzalo Swaps ibalwa nsukuzonke. Ngaleyo mpelasonto, "Forex" ayisebenzi. Ngakho-ke, kusukela ngoLwesithathu uLwesine icala kathathu izinga.

Siyini "eguqulayo" ngolimi olulula?

Ukuze uqonde kangcono okushiwo eguqulayo, kubalulekile ukubhekana mshini abadayisi. On the "Forex" wethula amagama abantu (intengo isilinganiso) kwemali ngazimbili. Lapho ukuthenga pair of EUR / ukuthengiselana JPI ezimbili kwenzeke ngesikhathi esifanayo: euro ezithengisiwe ithengiswe yen Japanese.

Kodwa ungakwenza kanjani ukuthenga lwemali ayitholakali, kokuthi akhawunti zamadola noma ruble? Impendulo ilula - usebenzisa eguqulayo. Kuyini lokhu? Ake sicabangele kabanzi mayelana nokuthi yini imisebenzi eyenziwa lapho ukucindezela abadayisi e inkinobho esibulalayo "Vula Order" on the nemibandela esidlule.

  1. yasebhange Japan emaphakathi ikhipha refinancing loan.
  2. Lwemali okuholela ngokushesha umklomelo euro. Isamba akuthunyelwa ku ezandleni zimali. Yena uhlala ebhange. It ezicela isithakazelo.
  3. Imali phezu libolekwe Bank of Japan kumele sikhokhwe kusukela inzalo etholakala ku ebhange laseYurophu. Umehluko phakathi amazinga idatha - kuyinto eguqulayo credit.

ushintshanise emihle nemibi

Ake sithi i zimali wavula isikhundla eside umbhangqwana euro / yen. Lapho ukuthengiselana kwenzeka nge-first charge zenzuzo euro (0.5%), kulandele ukukhupha yen isilinganiso (0.25%): 0.5% - 0.25% = 0.25% - kuyinto eguqulayo omuhle. Uma yen isilinganiso kungaba 1%, ushintshanise izokhombisa ukuthi akanalo igciwane. Lesi isimiso esiyinhloko umsebenzi on the "Forex".

Kubalulekile ukwazi!

Awukwazi uthole noma yiyo yonke inzuzo ngokusebenzisa eguqulayo. Kuyini lokhu? Elikhulu asizakale, enganikeza broker abalulekile kokushintshashintsha kwamanani okuhwebelana kuzovimba umphumela encane senzalo eguqulayo, ngisho noma alivumi. Kodwa ukunweba isikhundla salo kuphela ngenxa umehluko omuhle ngendlela ngesilinganiso refinancing akuyona zinkulu. Ngenxa yokwephula imithetho "Intraday" ukuhweba kuyodingeka bakhokhe imali yakho.

izinhlobo

Futhi kubhekwe lwemali Swaps, kukhona eguqulayo-credit default (CDS). Kusukela isihloko kuyacaca ukuthi lokhu msebenzi ezihlobene ukuhlinzekwa yokushintshisana loan ukuthengiselana ezimweni okuzenzakalelayo.

Ngamagama alula, le eguqulayo-credit default - kuyinto Analogue of umshwalense ukuze yomuntu obolekisayo. Lapho ibhange kokuncinyane capital ihlela ukukhipha semali credit iklayenti okuthembekile, kumelwe bazivikele uma non-buyiselo kwezimali. Ngakho-ke, ngaphezu loan, yena esayina inkontileka ukuvikelwa ingozi nge isikhungo sezezimali emikhulu ngaphansi kumaphesenti athile. Uma lo muntu obolekayo ingabuyeli imali, umbolekisi uzothola isinxephezelo kusukela nezinye izikhungo.

Isimiso esifanayo wenziwa eguqulayo ukuthengiselana. Umthengi ugijima ingozi non-buyiselo kwezimali, kanye nomdayisi uzimisele nxephezela kuye ngemali ethile. Uhlangothi lokuqala yesibili ozokhipha izibambiso izikweletu futhi ithola izimali ku-akhawunti yemali ebolekwayo sivunyiwe. Inkokhelo kungaba yesikhathi esisodwa noma ihlukaniswe izingxenye eziningana. Kwesinye isenzakalo, umdayisi kufanele abuyisele umehluko phakathi wamanje kanye kwenani eliyimali ezibophweni lesibili - umthengi othenga yefa.

Izinzuzo CDS

Inzuzo enkulu yalo msebenzi - Asikho isidingo sokudala inqolobane. Kusibonelo esingaphezulu, ibhange kumele udale inqolobane uma okumisiwe umboleki, ezikhawula kakhulu yokuziphatha imisebenzi. Insuring izingozi zawo, umthengi ushwele kokuba ukuphambukisa imali kusuka inzuzo.

CDS ikuvumela ukuhlukanisa credit izingozi ezivela kwezinye futhi kangcono uwaphathe.

CDS VS: umshwalense

Isihloko kuthengiselana ku-CDS kungaba yisiphi isibopho. Ngokwesibonelo, kungenzeka ukuthi ukuthathelwa umshuwalense ingozi engeke ukulethwa imigomo. Cabangela nasi isibonelo.

Umthengi nomthengisi efakwe ohlwini kwenye kusengaphambili izwe 80%. Delivery kumele kwenziwe zingakapheli izinyanga ezimbili. eside, ngakho-ke kukhona ingozi izimo ezingalindelekile, ukulahlekelwa kwezimali. Kulesi simo, umthengi kungaba ukuthathelwa umshuwalense izingozi labo lokusebenzisa CDS.

Umthetho akusho ukuhlinzeka ngokusungulwa reserves esimweni Ukuvikelwa ngokusebenzisa Swaps. Ngakho-ke, kubiza umshwalense eshibhile. Ukuthembeka Umthengisi ihlola kuphela eguqulayo umthengi. Kuyini lokhu? amalayisense okusebenza azidingeki. CDS ukulawula Regulator, Ukuhwebelana, ngakho nje umklamo walo lihlotshaniswa okusemthethweni ngaphansi. umdayisi Ukuvikelwa kungaba iyiphi inhlangano noma umuntu amakhono afanele - izinkampani, amabhange, imali yempesheni, njll ...

CDS ingasetshenziswa ngisho uma ikhasimende akanayo amalungiselelo ngqo umboleki. Ngokwesibonelo, uma inkampani ngeke ukuthenga izibopho emakethe yesibili. Ithonya Lako umboleki okungaxhunyiwe ku-intanethi, futhi balinganisela yayo ematfuba okuzenzakalelayo nzima.

Shintshanisa emakethe international ingasetshenziswa ngisho uma kungekho ngempela credit ingozi. Kulokhu sikhuluma non-ukugcwaliseka izibopho ngu States (ubungozi eNgophezukonke). Kwakucatshangwa ukuthi, ungakwazi futhi ukuthenga isivikelo yokungakhokhi ka mortgage, inkontileka eye alikakaphethwa, futhi akwaziwa noma aluphelanga. Kodwa cishe lutho e umshwalense enjalo asipheli.

CDS e kunezinkinga zemali

Ithuluzi elisha ngokushesha yabakhanga befisa. Imakethe bekulokhu kuyanda, ngokuzenzakalela awuzange kulindeleke. Kunganjani ukusizakala imali "khulula"? Isimo sashintsha ngo-2008. Amabhange asikwazanga ukusevisa esikweletini bazitshela futhi wahamba ngenye yimali ngezindawo. Ibhange lesihlanu ngobukhulu Bear Stearns e-US ngo-2008 lathengiswa isamba okuzisholo, nokuwa Lehman Brothers kubhekwa ekuqaleni isigaba asebenzayo kokuntengantenga kwezimali.

inkampani yomshuwalense AIG yasizwa uhulumeni wase-US izimali. Kuzo zonke Swaps ekhishwe ($ 400 billion). Kuphela amabhange kwadingeka zishintshele $ 22.4 billion. Ngasinye isikhungo sezezimali yeZezimakethe kwaba ngesikhathi esifanayo izimfuno nezibopho CDS okukhulu. State lokuqala odlula ukusiza ngobukhulu isikhungo - Ibhange JP Morgan, kodwa hhayi ngqo, kodwa ngokusebenzisa corporation ukuthi wathenga amathoyizi zezimali.

Kubo bonke abathengi CDS yazuza ukwaneliseka kwakuyodingeka ukumemezela okuzenzakalelayo Imininingwane lamabhange ngobukhulu e-US nase-Europe. I-Wall Street, City of London Baye bamane abasekho. Ngisho nangaphambi kokuba esibucayi, Uorren Baffet ngokuthi zonke nemikhiqizo "izikhali zembubhiso." Ukuwa indlela yokuphathwa kwezimali kuyagwenywa kuphela sibonga ukumnika imali yomphakathi. Naphezu kwazo zonke lezo umthelela wale nkinga, "ibhomu» CDS angaqhuma, kodwa kuphela ukuvela.

nemibi CDS

Zonke lezi zinzuzo nomthethonqubo makethe cishe akuhlobene. Banikezwe mkhuba ukoma ukulawula izikhungo zezimali, ngokuhamba kwesikhathi, bonke bazokholwa izolahleka. Inkinga yokungabi 2009 uye kwaphoqa zikahulumeni kubuketa imithetho finregulirovaniya. Kungenzeka ukuthi ibhange central bayofaka ukubhuka kuphoqelekile Ukuvikelwa nabathengisi.

Credit okuzenzakalelayo eguqulayo kungasizi ngixazulule inkinga yokuntuleka kwezinto ezingekho ukugcwaliseka ezibophweni ezingokwezimali. Ngo crisis kwandisa umthamo okuzenzakalelayo. It kwandisa ingozi ucabanga akuyona izinkampani kuphela kodwa futhi isimo. Ngezikhathi ezinjalo, abathengi of Swaps ozama ukuthola izinkokhelo kusuka nabathengisi. Kugcine ophoqelelwe ukuthengisa izimpahla zabo. Lo mbuthano esinenhliziyo embi kuphela kuchubekisela embili crisis.

Bessvopovye akhawunti

Inani refinancing amazinga kubalulekile ukucabangela uma ivula isikhundla isikhathi eside (amasonto 2-3). Ezimweni ezinjalo kungcono ukusebenzisa bessvopovye akhawunti. Zazifuna kwenziwe kusuka nomdayisi ngamunye. Nokho, ukungabikho abolekise amazinga ukuze sivale lapho sisilela wabathengi izimali ezengeziwe.

isiphetho

Kafushane fingqa konke okungaphezulu kwi eguqulayo. Kuyini lokhu? Shintsha - umehluko e zenzalo ka Central Bank, ebalwa nsuku zonke kuwo wonke izikhundla evulekile. Ngokwe-ethandwa zezimali emhlabeni ithonya cishe ezingabonakali. Kodwa uma uvula isikhundla eside zezimali "exotic" lamazwe yezwe yesithathu, kungcono ukwedlulisela izimali akhawunti bessvopovye.

Similar articles

 

 

 

 

Trending Now

 

 

 

 

Newest

Copyright © 2018 zu.unansea.com. Theme powered by WordPress.