The function of futures markets is price discovery, price risk hedging, and market efficiency improving.
期货市场的功能在于价格发现、价格风险规避及市场效率提高。
2
As we have seen in the price action in the foreign exchange market, risk aversion and repatriation flows has driven the Yen sharply higher against all of the major currencies.
现在国外货币交易市场对此的反应是，避险和海外资金回流已经迅速推高了日元对其它主要货币的汇率。
3
For instance, the riskof refinancing at a high price began to emerge when the stock market index surged past 5000 points.