Mberi chibvumirano

Forward chibvumirano - ichi mhando chibvumirano pakati mapato maviri nerubatsiro kondirakiti yacho (runotikurudzira twa) pane imwe nguva mune ramangwana pane akafanorongerwa mutengo. gwaro kwakadaro kutenga (ikatengesa) imwe mari zvokunyama kana zvemari twa.

Mumwe nomumwe mapato akabata kuurayiwa KUGOVERA zvakanyorwa kuzvipira: mumwe - kuti delivery, mumwe - kutora nayo. Pakutanga waiti maekisesaizi mutengo ngaakuitirei kuti chinokodzera zvose mapato. Inonzi kukurukura mutengo uye kugara munyika rokuti chesungano.

Munhu kuita kuzvipira hurukuro yesangano, anozarura pfupi nzvimbo (kureva kutengesa chibvumirano). The pati kune kutengeserana rechipiri akawana pfuma, uyewo anozarura refu nzvimbo (kureva achitenga chibvumirano). The ngaakuitirei hakurevi counterparties hapana mutengo kunze komisheni pakupera kwayo kuburikidza vanozoshanda.

A mberi chibvumirano iri akasaina nechinangwa kutoita chaiko kutenga (Kutengeswa) akasiyana-siyana zviri zvinhu uye inishuwarenzi mutengi (uye mutengesi) kubva zvichibvira mutengo kuchinja nezvemurume chero nhengo divi. Chibvumirano chakadaro kunosanganisira zvairayirwa kuurayiwa. Zvisinei, mune zvimwe zviitiko, pane ngozi, somuenzaniso, pane nyaya kusauka mumwe vechikamu. Naizvozvo, kuti vazvidzivirire, vasati kupinda kwema vakadaro vanofanira kuziva mukurumbira uye nechokwadi remangwana solvency yacho counterparty.

Dzimwe nguva vanopinda mberi kondirakiti nechinangwa generating mari musiyano pakati Gengi kukosha zvinhu. Izvi zvinoitwa nyaya kumirira kukura kana kuderera mutengo zvinokosha zvinhu.

chibvumirano Uyu munhu, saka, sezvo mutemo, harishandiswi pamusoro musika dzisiri. Kusara ndiyo mberi Exchange pamusika.

Somugumisiro chesungano kunoonekwa sechinhu kukurukura chaicho nhumbi. Nyaya mberi kutengeserana - chigadzirwa Kuwanikwa. Kunyatsoteerera akaita chibvumirano kwakadaro panguva iyo wakasiyiwa kondirakiti.

Forward ndiyo rakanakisisa nzira inishuwarenzi zvisingabatsiri. Anozviitira ngaakuitirei rinoburitsa huripo panguva kusaina iri gwaro ezvinhu: mutengo, nguva maitiro, uwandu, etc. divi kwakadaro inishuwarenzi yekupindurwa yepakutanga Pakuurayiwa kutengeserana inonzi hedging.

Kazhinji, mari nhumbi kwema vakadaro havasi kufanana iri mari kwema mitengo. Zvinomirira avhareji mukutsinhana kukosha mutengo vamwe zvinhu. Forward ukoshi vagara vandifungira vechikamu pamusoro kutengeserana, inobva kunyatsoongorora humboo dzose zvinoita uye kumaonero chokuita mamiriro kumusika.

Zvinoumba misika yemari zvakatungamirira mberi chibvumirano kuti vakatanga kuitawo kugarwa pamusoro kutengeserana (asiri deliverable) uye zvitengeswa zveefa. Yokupedzisira rinoreva Implementation pamusoro pomugove uye kugarwa kusiyana kuburikidza kuchinjwa, zvichiguma mutengo chigadzirwa, kana mari kare vakabvumirana pamusoro kondirakiti.

On the mberi kondirakiti Zvinotarisirwa kubhadhara mibayiro pamusoro migove kana nekambani yavo non-mubhadharo. At muripo wavo panguva izwi iri kutengeserana, mutengo wayo ari kugadziridzwa nokuda uwandu mibayiro izvi, inobva chokwadi kuti vakazoroorwa (mushure nepaitengwa chibvumirano), kuti investor haangazodzingi anovagamuchira.

Saka, mibairo - chibvumirano wakaiswa-rokuti, yakasimba ngaakuitirei, riri Vanosungirwa aurayiwe. chibvumirano ichi hazvigoni kunzi mureza. Sezvo musika yechipiri rakamanikana chaizvo, kuwana pati rechitatu zvido vane yaizova kupindirana zvizere chete mashoko ari chibvumirano, zvakaoma chaizvo. Naizvozvo, kuti kutengeserana ndiko chete chikamu zvinodiwa mativi. Kubvisa nzvimbo mapato kondirakiti vanogona chete chete mvumo yacho counterparty.