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(ÒýÓà private-banker:ΪʲôaxlµÄÌû×Ó±»É¾ÁË£¿)hi, pls refer to my ¶ÌÏûÏ¢¡£I requested the deletion[AXL (7-29 17:01, Long long ago)] [ ´«Í³°æ | sForum ][µÇ¼ºó»Ø¸´]6Â¥

×Ô¼º¶¥Ò»Ï£¬¸ßÊÖÇëÖ¸µã¡£ÓиßÊÖ¶ÌÐŻظ´Ëµhedge fundÖ»ÊÇleverage to max150%ÄǾÍËãËûÃdz·×ߣ¬Ò²²»»áÓкܴóÓ°Ïìѽ¡£¡£¡£Ð¡µÜÒÔΪºÜ¶àËûÃǺܶàÓÃcfd×öµ½300% to 500%,ÄǾÍÓÐÎÊÌâÁË¡£¡£¡£[private-banker (7-30 10:19, Long long ago)] [ ´«Í³°æ | sForum ][µÇ¼ºó»Ø¸´]7Â¥

(ÒýÓà private-banker:×Ô¼º¶¥Ò»Ï£¬¸ßÊÖÇëÖ¸µã¡£ÓиßÊÖ¶ÌÐŻظ´Ëµhedge fundÖ»ÊÇleverage to max150%ÄǾÍËãËûÃdz·×ߣ¬Ò²²»»áÓкܴóÓ°Ïìѽ¡£¡£¡£Ð¡µÜÒÔΪºÜ¶àËûÃ...)but CFD can long or short right? not necessarily long positionalso it does not affect fundemental equity market? I think it's more a zero-sum game btw the investor and the market maker....[´óÏó (7-30 10:45, Long long ago)] [ ´«Í³°æ | sForum ][µÇ¼ºó»Ø¸´]8Â¥

(ÒýÓà ´óÏó:but CFD can long or short right? not necessarily long positionalso it does not affect fundemental equity market? I think it's m...)CFDµ±È»»ádirectly affect µ½equity marketÈç¹ûÄãÊÇÖ¸covered warrant, ÒòΪissuerÒªhedge position,Ò²»áindirectly affect the market[private-banker (7-30 10:54, Long long ago)] [ ´«Í³°æ | sForum ][µÇ¼ºó»Ø¸´]9Â¥

(ÒýÓà private-banker:CFDµ±È»»ádirectly affect µ½equity marketÈç¹ûÄãÊÇÖ¸covered warrant, ÒòΪissuerÒªhedge position,Ò²»áindirectly affect the market)I mean...if hedge fund lost a lot in CFD, it means the issuer is gaining profit right? How does that affect the market?[´óÏó (7-30 11:27, Long long ago)] [ ´«Í³°æ | sForum ][µÇ¼ºó»Ø¸´]10Â¥

(ÒýÓÃ ´óÏó:I mean...if hedge fund lost a lot in CFD, it means the issuer is gaining profit right? How does that affect the market?)for CFD, there's no issuer. You book the contract with your broker,but they will participate in the market directly to hedge their positions, that's where the finance charge comes from. At the end of the day, brokers and warrant issuers are not taking any position.

according to SG's marketing head, only DB and SG are using fully automated system to hedge their warrant positions. The rest warrant issuers are using semi-automated system. system will only prompt when market moves, a human being must sit down there and change the pricing and spread.
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