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。

A traditional view of truth in hedger ' s view and its limitation

从海德格尔的视界看传统真理观的主要缺陷

When the longest holding period of futures contracts is shorter than the hedging period, the hedger has to use two or more futures contracts overlap to hedging for the spot.

解决了因为很难找到与现货价格相关性强的期货品种，而无法有效进行套期保值的问题。