hedger

Depending upon a hedger's cash market situation.

套期保值者根据自己在现货市场的处境.

In this paper the classic design of futures market innovation is researched by genetic algorithms. On the basis of the model of the hedger and speculator number, and the construction of future contract, the chromosomes representation and operation are framed, simulation is performed.

研究了遗传算法在期货市场创新决策中的应用问题.在期货市场的保值者和投资者数目以及期货合约结构模型的基础上，设计了期货市场创新的染色体表达和遗传操作，并进行了仿真研究。

Market traders include hedgers, arbitragers and speculators. The approaches proposed in this paper are mainly for hedger and arbitrager, with little contribution to speculators.

其中，交易者可具体划分为套期保值者、套利者和投机者，而本文的交易策略主要针对套期保值者和套利者，对投机者指导意义不大。