Main index

 Industry have pointed out, it is worth noting that recent times, the main stock index futures contracts, the contract month is based on the difference gradually narrowing trend showing shock, the market arbitrage opportunities become more scarce.

Galaxy Futures researcher Chen Yang Long said, corresponding to an annualized rate of return was 0,2.1%, 4.9% and 5.8%, down from arbitrage. Basis of the situation are affected by many factors, on the one hand, with the due delivery date approaches, the main index is based on the difference between the contract is a normal phenomenon of shrinking; and on the other hand is also reflected in the recent market turmoil , of a more cautious attitude that long. .

published in the main gold contract data shows the top 20 positions, 14 the main parties hold more than one 15226 hand accumulated over the previous trading day increased by only 949 hand; and empty the main square holdings accumulated Air One 19962 hand, a substantial increase in the 1871 than the previous hand, the main accumulated long positions more than the increase of 922 hands. Futures companies from the specific terms of seats, holding an empty one the top five were Guotai Junan Futures, Haitong futures, China Securities futures, futures and Huatai GF Great Wall Futures, futures companies, these five total holdings of 14 single-space 1203 hands to form a powerful In contrast, the main force in the first multi-Huatai Great Wall Futures in single holdings, while 380 hands empty, but holdings of more than 337 single hand.

on Friday (14) of the four contracts that opened low, slightly lower main IF1101 contract opened at 3143 points, after the shock opening down, dropping briefly rebounded after the 3089 points. But near the close temporal side continued to attack and eventually fell below the recent fierce competition for long and short of As of 14 close, the main index closed at 3097.4 points IF1101 contracts, down 53.4 points, or 1.69% of the other three contracts were also decline more than 1%.



of arbitrage are significantly smaller

main index are more cautious. From the main long and short positions in index performance point of view, the first three trading days last week, the main positions IF1101 Analysis of the industry, which shows that both long and short of that fierce struggle in the recent period, a temporary camp made the short side stage victory, but the pattern of shocks in the afternoon remains to be directional selection.

In addition, the industry pointed out that since the policy and the message last week, the surface of many factors influencing the market. The evening of 14 central banks announced that starting from January 20 once again raised the deposit-taking financial institutions of RMB deposit reserve ratio by 0.5 percentage points. After the adjustment, large commercial banks deposit reserve ratio will reach 19% of the record, the freezing of funds is expected in 4000 billion. Although widely recognized over the weekend will be the central bank will have the initiative, but the point raised the deposit reserve or some surprised the market had expected.

At the same time, this week will announce in December 2010 concerned about the macroeconomic data is the focus of the current market. This data is wait and see mood before the release of the market or will continue to increase, so the amount to be concerned about the changes early next week, we recommend investors take a cautious strategy in operation to prevent the emergence of bad news on the impact of the market. (Reporter Tangchi)