Yintoni watsala Abarhwebi yorhwebo yezabelo iimarike?

ahlobene Exchange-bakurholela iimarike lamathuba okwenyani apho izivumelwano ezithile ngazo - lekusasa iinketho. Ezi zixhobo zibizwa kwakhona okunye, okanye okunye, kuba bavela njengempahla ethile.

Umzekelo, imali eninzi ngazo kwizabelo kwinkampani ethile, naphezu ikamva - lekusasa kwezi kwizabelo ongazikhetha. Ahlobene makafumane ixesha elithile yokusebenza. Kwaye yiloo nto iimarike kwi apho wasebenza, kuthiwa esingxamisekileyo. Ngokwemiqathango norhwebo amakamva kwiimarike ixesha elide ngaphambi sakudala, ngokuba avela kufuneka izinto ezibalulekileyo phezu ezitokisini.

Ifuthe "leverage"

Ahlobene - izivumelwano kwintlawulo kuhlehliselwe. Namhlanje ukuthenga bazisebenzise, akukho mfuneko ukuhlawula iindleko ngokupheleleyo. Xa uvula isikhundla kwimarike akhawunti umrhwebi block kuphela isixa esithile - warranty inkxaso. ubukhulu yayo ixhomekeke phezu kwencochoyi yesixhobo kunye imeko yangoku kwimarike, kodwa ngokuqhelekileyo ugcina kwisithuba 5-20% yexabiso ngemvumelwano. Kubonakala ukuba umrhwebi ingaphatha isixa ngu izihlandlo eziliqela mkhulu mali zawo. Loo nto urhwebe i "ngaxhatha". Umzekelo, yezabelo lemarike Moscow Stock Exchange yenza kube lula ukuba bathengiselane avela kwi chips eblowu zize zifake endaweni "ngaxhatha" 1: 7. Ngekusasa kwi a th index waye ekurhwebeni eliphezulu "igxalaba" 1:10 kunye nezivumelwano kwi ngababini lwemali - 1:14.

Esi sibonelelo credit ikhona imali eninzi, kodwa waqonda ngeendleko imali ebolekiweyo. Ngoko ke, lo umthengisi ubeka iimeko zayo. Ngoko ke, ubukhulu 'igxalaba, "kuba umthetho, ayidluli 1: 2, nangenxa ukubonelelwa ngetyala uya kuhlawuliswa. A market phambili yenza abarhwebi ukuba usebenzise "leverage" ngaphezulu simahla.

Uluhlu olubanzi lwezixhobo

UNYE umdibanise ahlobene zehlabathi kwiimalike - iintlobo ezahlukeneyo izixhobo ezikhoyo zorhwebo. Njengoko asethi zokuziswa amakamva kunye iinketho abe izibambiso, ngababini lwemali, indices stock, amaqondo enzala, izalathisi hexa (izinga utshintsho amaxabiso asset), impahla - isinyithi, amandla, iimveliso zezolimo. Kwaye ke urhwebo kuzo akuthethi ukuba unikezelo lwe-asethi, njenge-oyile, okuziinkozo okanye imali. Abarhwebi nga ukuvula indawo okungakuncedayo (ilahleko okanye inzuzo) kwaye ukuya kutsho kumhla sokwenza lesivumelwano ukwenza intengiselwano umva.

Ahlobene lemarike Moscow Stock Exchange inikeza abarhwebi izixhobo ezingaphezu kwama-60 ukwenzela urhwebo. Noko ke, abaninzi kubo kodwa hayi, basonta uboya kakuhle. Kodwa ahlobene eRashiya zinembali elifutshane kakhulu, yaye mhlawumbi "Golden Age" yabo kodwa kuza. Noko ke, ngoku imarike Russian ikamva kwaye kwi cash flow iinketho phantse 2 amaxesha ngaphezulu kwe imali eninzi.

iimvumelwano low

Imirhumo Small - enye inkalo eyahlula imarike yezabelo. Exchange bemali ukuhlawulisa ngentlawulo elingeneyo kwimvumelwano nganye uthenge okanye zithengiswe. Okokuqala kubalulekile ukuba abathengisi abenza kweentengiselwano amaninzi ngexesha leseshoni zorhwebo. Ekuphumezeni esi sicwangciso kwiintlawulo isitokhwe ikhomishini ukuthatha isabelo yengonyama yenzuzo. Okanye ukwandisa kakhulu ilahleko. Nakuba kwiimarike ezininzi yezabelo iintengiselwano lwenziwe ngaphakathi, wabeka neekhomishini exchange, iinkampani lincitshiswe.

Ilinganisela ilahleko

Kwi bidders indawo-nemarike ukunciphisa ubungakanani ingozi intengiselwano, exwebula buvele umyalelo stop. Noko ke, ngenxa yokuba "slippage" ngexesha iintshukumo olomeleleyo ixabiso, kwakunye ngenxa yezizathu zobugcisa, intsebenzo yazo alunakuqinisekiswa ukuba ube 100%. abarhwebi abaninzi bayazi indlela kungathatha "ukuyeka" ixesha quiescent. Ngelo xesha amakamva market esifanayo kwenza kube lula ukuba inshorensi ngokupheleleyo nxamnye ezinjalo iingxaki. Ukulungiselela le njongo, sebenzisa iindlela, ngokufuthi ngokusebenzisana okanye amakamva kwizithuba asset ngxabano. ngenxa yesivumelwano ukhetho Ngu ezichaphazela ngayo umthengi wayo akakwazi singalahlekani ngaphezu imali ehlawulwe yona. Oku kwenza kube lula ukuba malini qhinga kunye kwinqanaba kwangaphambili kwaye ngelahleko enokubakho zokukhula ngeniso.

Ukukwazi ukufumana kuyo nayiphi na imeko

Njengoko usazi, xa isitokhwe ukurhweba ungenza inzuzo kuphela lihamba ixabiso ngakwicala elilungileyo. Kulo mzekelo, umrhwebi kufuneka baqashele kuphela apho imarike aya kuhamba ngamandla, kodwa nihlalele intshukumo olomeleleyo. Kodwa market amakamva kwenza kube lula ukuba kwakhiwe iindlela zinako ukuba bazuze nayiphi na imeko emarikeni. Ngokomzekelo, abo na imali kunye utshintsho kakhulu ixabiso le-asethi esisiseko kungakhathaliseki ulwalathiso. qhinga enjalo izicelo zokulindela ukukhululwa iindaba resonant, upapasho neengxelo umnikeli kwaye kwezinye iimeko. Okanye, icala, uzokwazi kwinto yokuba ixabiso le-asethi ixesha elide phantse limi ngxi. Uyakwazi ukugembula ngokuvela okanye nokuwa ayikho yinkampani ethile, kwaye kwimarike yonke. Okanye ukwenza arbitrage phakathi ixabiso le-asethi imali eninzi kwaye ikamva kuso - phezu ikamva. Ukongeza, baqhaqhe avela kwizikhundla, ukuma echasayo asethi ingxaki, unako nezinokubakhusela umngcipheko (uthango) kunye ulindelo ezimbi. Lekusasa nketho zivumela ukwakha iqela izicwangciso ezahlukeneyo.

Ngenxa yokusebenza olufanelekileyo kunye nezakhi abarhwebi amathuba amaninzi ukwamkela nokukhusela asethi zabo. Noko ke, asimele silibale malunga neengozi eziphakamileyo ebangelwa avela usebenziso lwabo singacinganga. Ingakumbi oku kusebenza imisebenzi ngumyinge. Eneneni, ngenxa isiphumo "leverage" ngokuphindaphindiweyo kwandisa ngeniso nje kuphela kodwa ilahleko. Ngoko ke, lo imarike amakamva kubaluleke kakhulu ukuba ukusebenzisa imigaqo komngcipheko kunye nolawulo.