{"id":19017,"date":"2025-03-18T15:30:39","date_gmt":"2025-03-18T15:30:39","guid":{"rendered":"https:\/\/finalto.com\/resources\/news-events\/news\/%e4%bf%9d%e6%8c%81%e7%9c%9f%e5%ae%9e%ef%bc%9a%e6%97%a0%e6%8e%89%e6%9c%9f%e5%a4%96%e6%b1%87%e5%90%88%e7%ba%a6%e5%a6%82%e4%bd%95%e4%b8%ba%e5%a4%96%e6%b1%87%e4%ba%a4%e6%98%93%e5%b8%a6%e6%9d%a5%e7%81%b5\/"},"modified":"2026-06-16T14:00:00","modified_gmt":"2026-06-16T13:00:00","slug":"%e4%bf%9d%e6%8c%81%e7%9c%9f%e5%ae%9e%ef%bc%9a%e6%97%a0%e6%8e%89%e6%9c%9f%e5%a4%96%e6%b1%87%e5%90%88%e7%ba%a6%e5%a6%82%e4%bd%95%e4%b8%ba%e5%a4%96%e6%b1%87%e4%ba%a4%e6%98%93%e5%b8%a6%e6%9d%a5%e7%81%b5","status":"publish","type":"post","link":"https:\/\/finalto.com\/zh-hans\/resources\/news-events\/news\/%e4%bf%9d%e6%8c%81%e7%9c%9f%e5%ae%9e%ef%bc%9a%e6%97%a0%e6%8e%89%e6%9c%9f%e5%a4%96%e6%b1%87%e5%90%88%e7%ba%a6%e5%a6%82%e4%bd%95%e4%b8%ba%e5%a4%96%e6%b1%87%e4%ba%a4%e6%98%93%e5%b8%a6%e6%9d%a5%e7%81%b5\/","title":{"rendered":"\u4fdd\u6301\u771f\u5b9e\uff1a\u65e0\u6389\u671f\u5916\u6c47\u5408\u7ea6\u5982\u4f55\u4e3a\u5916\u6c47\u4ea4\u6613\u5e26\u6765\u7075\u6d3b\u6027"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\">\u4fdd\u6301\u771f\u5b9e\uff1a\u65e0\u6389\u671f\u5916\u6c47\u5408\u7ea6\u5982\u4f55\u4e3a\u5916\u6c47\u4ea4\u6613\u5e26\u6765\u7075\u6d3b\u6027<\/h1>\n\n<p><em>NDF\u662f\u4e00\u79cd\u7528\u9014\u5e7f\u6cdb\u7684\u91d1\u878d\u5de5\u5177\uff0c\u80fd\u591f\u5f00\u62d3\u65b0\u7684\u4ea4\u6613\u673a\u4f1a\u3002\u6211\u4eec\u5c06\u63a2\u8ba8\u4e3a\u4f55NDF\u5728\u4e9a\u6d32\u548c\u62c9\u4e01\u7f8e\u6d32\u5e02\u573a\u5386\u53f2\u4e0a\u4e00\u76f4\u5177\u6709\u4e0d\u53ef\u66ff\u4ee3\u7684\u4ef7\u503c\uff0c\u4ee5\u53ca\u662f\u4ec0\u4e48\u56e0\u7d20\u4f7f\u5176\u81f3\u4eca\u4ecd\u5bf9\u4ea4\u6613\u8005\u6781\u5177\u5438\u5f15\u529b\u3002 <\/em><\/p>\n\n<p>\u884d\u751f\u54c1\u662f\u89e3\u51b3\u7b80\u5355\u95ee\u9898\u7684\u4e00\u79cd\u590d\u6742\u624b\u6bb5\u3002\u96be\u602a\u534e\u5c14\u8857\u4f1a\u4e0d\u60dc\u91cd\u91d1\uff0c<a href=\"https:\/\/www.businessinsider.com\/wall-street-feeds-on-silicon-valley-to-fill-voracious-tech-appetite-2019-1\" target=\"_blank\" rel=\"noopener\">\u4e89\u76f8\u62db\u63fd\u9876\u5c16\u7684<\/a>\u5e74\u8f7b\u4eba\u624d\u3002 <\/p>\n\n<p>\u65e0\u4ea4\u5272\u8fdc\u671f\u5408\u7ea6\uff08NDF\uff09\u4fbf\u662f\u5f88\u597d\u7684\u4f8b\u8bc1\u3002\u5bf9\u4e8e\u4ea4\u6613\u5458\u800c\u8a00\uff0cNDF\u662f\u53c2\u4e0e\u6d41\u52a8\u6027\u8f83\u4f4e\u7684\u8d44\u4ea7\u5bf9\u4ea4\u6613\u7684\u7edd\u4f73\u9014\u5f84\u3002\u4f46\u7531\u4e8e\u5176\u64cd\u4f5c\u590d\u6742\uff0c\u5e76\u975e\u6240\u6709\u5e0c\u671b\u5229\u7528\u5176\u7075\u6d3b\u6027\u7684\u53c2\u4e0e\u8005\u2014\u2014\u4f8b\u5982\u96f6\u552e\u7ecf\u7eaa\u5546\u53ca\u5176\u5ba2\u6237\u2014\u2014\u90fd\u80fd\u8f7b\u6613\u63a5\u89e6\u5230\u8fd9\u7c7b\u4ea7\u54c1\u3002  <\/p>\n\n<p>\u4e3a\u5e94\u5bf9\u8fd9\u4e00\u590d\u6742\u6027\uff0cFinalto\u63a8\u51fa\u4e86\u4e00\u5957<a href=\"https:\/\/finalto.com\/wp-content\/uploads\/2023\/11\/NEW_NDF_CFDs_UK_NOV_2023.pdf\">\u66f4\u7b80\u5316\u7684\u5916\u6c47\u89e3\u51b3\u65b9\u6848\uff0c<\/a>\u4f7f\u5ba2\u6237\u80fd\u591f\u5229\u7528\u73b0\u6709\u57fa\u7840\u8bbe\u65bd\u65e0\u7f1d\u4ea4\u6613\u65e0\u672c\u91d1\u4ea4\u5272\u8fdc\u671f\uff08NDF\uff09\uff0c\u65e0\u9700\u62c5\u5fc3\u5b9a\u4ef7\u65e5\u548c\u4ea4\u5272\u98ce\u9669\u7b49\u590d\u6742\u95ee\u9898\u3002<\/p>\n\n<p>\u4e3a\u4e86\u7406\u89e3NDF\u53ca\u5176\u5728\u62c9\u7f8e\u548c\u4e9a\u6d32\u5e02\u573a\u7684\u6d41\u884c\uff0c\u8ba9\u6211\u4eec\u5148\u6765\u4e86\u89e3\u4e00\u4e0b\u76f8\u5173\u80cc\u666f\u3002<\/p>\n\n<h4 class=\"wp-block-heading\">\u7edd\u5999\u7684\u4e3b\u610f<\/h4>\n\n<p>\u5047\u8bbe\u60a8\u5728\u67d0\u4e2a\u8d27\u5e01\u6ce2\u52a8\u5267\u70c8\u4e14\u5b9e\u884c\u8d44\u672c\u7ba1\u5236\u56fd\u5bb6\u7ecf\u8425\u4e00\u5bb6\u516c\u53f8\u3002\u5982\u679c\u8be5\u516c\u53f8\u4ece\u4e8b\u8de8\u5883\u4e1a\u52a1\uff08\u4f8b\u5982\u8fdb\u51fa\u53e3\uff09\uff0c\u5219\u5c06\u9762\u4e34\u6c47\u7387\u98ce\u9669\u3002 <\/p>\n\n<p>\u7136\u800c\uff0c\u8d44\u672c\u7ba1\u5236\u610f\u5473\u7740\u4ed6\u4eec\u65e0\u6cd5\u8f7b\u6613\u5c06\u5f53\u5730\u8d27\u5e01\u5151\u6362\u6210\u786c\u901a\u8d27\uff0c\u8fd9\u4f7f\u5f97\u5bf9\u51b2\u53d8\u5f97\u66f4\u52a0\u56f0\u96be\u3002<\/p>\n\n<p>\u5728\u8fd9\u79cd\u60c5\u51b5\u4e0b\uff0c\u60a8\u9700\u8981\u4e00\u79cd\u65e2\u80fd\u63a5\u89e6\u5916\u6c47\uff0c\u53c8\u4e0d\u8fdd\u53cd\u5916\u6c47\u7ba1\u5236\u89c4\u5b9a\u7684\u6709\u6548\u9014\u5f84\u3002<\/p>\n\n<p>\u4ece\u5386\u53f2\u4e0a\u770b\uff0c\u5728\u7c7b\u4f3c\u60c5\u51b5\u4e0b\u2014\u2014\u4f8b\u598220\u4e16\u7eaa90\u5e74\u4ee3\u7684\u5df4\u897f\u2014\u2014\u65e0\u672c\u91d1\u4ea4\u5272\u8fdc\u671f\u5408\u7ea6\uff08NDF\uff09\u53ca\u5176\u4ed6\u884d\u751f\u54c1\u5df2\u88ab\u8bc1\u660e<a href=\"https:\/\/www.nber.org\/system\/files\/chapters\/c4774\/c4774.pdf\" target=\"_blank\" rel=\"noopener\">\u662f\u6709\u6548\u7684\u5de5\u5177\uff0c\u80fd\u591f\u201c\u8ba9<\/a>\u4ea4\u6613\u8005\u590d\u5236\u6700\u521d\u9488\u5bf9\u57fa\u7840\u91d1\u878d\u8d44\u4ea7\u8bbe\u8ba1\u7684\u91d1\u878d\u7b56\u7565\u201d\u3002<\/p>\n\n<p>\u6b63\u5982\u6211\u4eec<a href=\"https:\/\/finalto.com\/uk\/blogs\/what-is-an-ndf-with-antony-parsons\/\">\u4e4b\u524d\u8ba8\u8bba\u8fc7\u7684\uff0c<\/a>\u65e0\u672c\u91d1\u4ea4\u5272\u8fdc\u671f\u5408\u7ea6\uff08NDF\uff09\u662f\u4e00\u79cd\u5916\u6c47\u8fdc\u671f\u5408\u7ea6\uff0c\u5408\u7ea6\u53cc\u65b9\u7ea6\u5b9a\u5728\u672a\u6765\u67d0\u4e2a\u7279\u5b9a\u65e5\u671f\uff0c\u5c31\u5408\u7ea6\u7ea6\u5b9a\u7684NDF\u6c47\u7387\u4e0e\u5f53\u65f6\u7684\u5373\u671f\u6c47\u7387\u4e4b\u95f4\u7684\u5dee\u989d\u8fdb\u884c\u7ed3\u7b97\u3002\u5173\u952e\u5728\u4e8e\uff0c\u8be5\u5dee\u989d\u4ee5\u73b0\u91d1\u5f62\u5f0f\u7ed3\u7b97\uff0c\u800c\u975e\u901a\u8fc7\u5b9e\u7269\u8d27\u5e01\u4ea4\u5272\u3002\u56e0\u6b64\uff0c<em>\u8fd9\u88ab\u79f0\u4e3a\u65e0\u672c\u91d1\u4ea4\u5272\u8fdc\u671f<\/em>\u5408\u7ea6\u3002  <\/p>\n\n<p>\u4f8b\u5982\uff0c\u5047\u8bbe\u4e00\u5bb6\u5df4\u897f\u516c\u53f8\u4ea4\u6613\u7f8e\u5143\/\u5df4\u897f\u96f7\u4e9a\u5c14\u65e0\u672c\u91d1\u4ea4\u5272\u8fdc\u671f\u5408\u7ea6\uff08NDF\uff09\u3002\u4ea4\u6613\u53cc\u65b9\u7ea6\u5b9a\u7684\u7ed3\u7b97\u65b9\u5f0f\u662f\uff0c\u4ee5\u73b0\u91d1\u7ed3\u7b97\u5dee\u989d\uff0c\u800c\u975e\u5b9e\u9645\u4ea4\u6362\u8d27\u5e01\u3002 <\/p>\n\n<p>\u5728\u5b9e\u884c\u8d44\u672c\u7ba1\u5236\u56fd\u5bb6\uff0c\u65e0\u672c\u91d1\u4ea4\u5272\u8fdc\u671f\uff08NDF\uff09\u4f9d\u7136\u5e7f\u53d7\u6b22\u8fce\uff0c\u4f46\u8fd9\u5e76\u975e\u9009\u62e9NDF\u7684\u552f\u4e00\u539f\u56e0\u3002<a href=\"https:\/\/www.elibrary.imf.org\/view\/journals\/001\/2020\/179\/article-A001-en.xml\" target=\"_blank\" rel=\"noopener\">\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\uff08IMF\uff09\u7684\u4e00\u4efd\u5de5\u4f5c\u8bba\u6587<\/a>\u6307\u51fa\uff0c\u5373\u4f7f\u7acb\u6cd5\u8005\u53d6\u6d88\u4e86\u8d44\u672c\u7ba1\u5236\uff0cNDF\u4ecd\u80fd\u5e26\u6765\u76ca\u5904\u3002 \u201c\u4fbf\u6377\u7684\u4ea4\u6613\u65f6\u6bb5\u548c\u826f\u597d\u7684\u6d41\u52a8\u6027\u4f7fNDF\u6781\u5177\u5438\u5f15\u529b\uff0c\u201d\u8be5\u8bba\u6587\u89e3\u91ca\u9053\u3002\u6b64\u5916\uff0c\u201c\u5728\u5371\u673a\u65f6\u671f\uff0c\u53ef\u5151\u6362\u6027\u98ce\u9669\u53ef\u80fd\u6210\u4e3a\u652f\u6301NDF\u7684\u4e00\u4e2a\u56e0\u7d20\u201d\uff0c\u8fd9\u610f\u5473\u7740\u201c\u9664\u5728\u5cb8\u5e02\u573a\u7684\u9650\u5236\u5916\uff0c\u5176\u4ed6\u56e0\u7d20\u540c\u6837\u91cd\u8981\u201d\u3002   <\/p>\n\n<h4 class=\"wp-block-heading\">\u7075\u6d3b\u7684\u5916\u6c47\u4ea4\u6613<\/h4>\n\n<p>\u8fd9\u6bb5\u7b80\u8981\u7684\u80cc\u666f\u4ecb\u7ecd\u6709\u52a9\u4e8e\u89e3\u91caNDF\u7684\u51fa\u73b0\uff0c\u4f46\u672a\u80fd\u8bf4\u660e\u5176\u5bf9\u4ea4\u6613\u8005\u7684\u4ef7\u503c\u3002<\/p>\n\n<p>\u6b63\u5982\u6211\u4eec\u7684\u62c9\u7f8e\u5ba2\u6237\u5e38\u8bf4\u7684\uff0c\u8df3\u63a2\u6208\u9700\u8981\u4e24\u4e2a\u4eba\u3002\u5957\u671f\u4fdd\u503c\u53ea\u662f\u65e0\u672c\u91d1\u4ea4\u5272\u8fdc\u671f\uff08NDF\uff09\u4ea4\u6613\u65b9\u7a0b\u4e2d\u7684\u4e00\u73af\u3002\u5bf9\u4e8e\u6295\u8d44\u8005\u800c\u8a00\uff0c\u8be5\u5de5\u5177\u63d0\u4f9b\u4e86\u4ea4\u6613\u67d0\u4e9b\u53ef\u80fd\u8f83\u96be\u63a5\u89e6\u7684\u8d27\u5e01\u5bf9\u7684\u673a\u4f1a\uff0c\u4f8b\u5982\u7f8e\u5143\u4e0e\u5df4\u897f\u96f7\u4e9a\u5c14\u3002  <\/p>\n\n<p>\u4f8b\u5982\uff0c\u5df4\u897f\u96f7\u4e9a\u5c14\u662f\u4e00\u79cd\u6ce2\u52a8\u6027\u8f83\u5927\u7684\u8d27\u5e01\uff0c\u8fd9<a href=\"https:\/\/www.reuters.com\/markets\/currencies\/brazilian-reals-volatility-undermines-foreign-trade-predictability-says-official-2024-06-27\/\" target=\"_blank\" rel=\"noopener\">\u7ed9\u8d38\u6613\u7684\u53ef\u9884\u6d4b\u6027\u5e26\u6765\u4e86\u6311\u6218\uff0c\u4f46\u5bf9\u6295\u8d44\u8005\u800c\u8a00<\/a>\u5374\u662f\u4e00\u4e2a\u673a\u9047\u3002<\/p>\n\n<p>\u56e0\u6b64\uff0c\u62c9\u7f8e\u8bb8\u591a\u8d27\u5e01\u7684\u6ce2\u52a8\u6027\u4f7f\u5f97\u65e0\u672c\u91d1\u4ea4\u5272\u8fdc\u671f\u5408\u7ea6\uff08NDF\uff09\u5bf9\u4ea4\u6613\u53cc\u65b9\u90fd\u6781\u5177\u5438\u5f15\u529b\u2014\u2014\u65e0\u8bba\u662f\u7528\u4e8e\u5957\u671f\u4fdd\u503c\u8fd8\u662f\u6295\u673a\u3002<\/p>\n\n<h4 class=\"wp-block-heading\">\u5927\u5c40\u89c2<\/h4>\n\n<p>NDF\u7684\u57fa\u672c\u539f\u7406\u76f8\u5bf9\u7b80\u5355\u660e\u4e86\u3002\u7136\u800c\uff0c\u5982\u524d\u6240\u8ff0\uff0c\u6267\u884cNDF\u4ea4\u6613\u5728\u4ea4\u6613\u7b56\u7565\u548c\u6280\u672f\u8981\u6c42\u65b9\u9762\u90fd\u53ef\u80fd\u9762\u4e34\u6311\u6218\u3002\u6b63\u662f\u4e3a\u4e86\u5e94\u5bf9\u8fd9\u4e00\u6311\u6218\uff0cFinalto\u63a8\u51fa\u4e86\u4e00\u6b3e<a href=\"https:\/\/www.financemagnates.com\/thought-leadership\/finalto-shakes-up-non-deliverable-forward-trading-with-game-changing-offer\/\" target=\"_blank\" rel=\"noopener\">\u5f00\u521b\u6027\u7684NDF\u89e3\u51b3\u65b9\u6848\uff0c\u8be5\u65b9\u6848<\/a>\u80fd\u591f\u65e0\u7f1d\u878d\u5165\u5ba2\u6237\u7684\u73b0\u6709\u57fa\u7840\u8bbe\u65bd\u3002  <\/p>\n\n<p>\u4f46\u5c3d\u804c\u8c03\u67e5\u4e0d\u4ec5\u8981\u8003\u8651\u6280\u672f\u56e0\u7d20\uff0c\u8fd8\u9700\u517c\u987e\u76d1\u7ba1\u53ca\u5176\u4ed6\u65b9\u9762\u7684\u95ee\u9898\u3002\u4f8b\u5982\uff0c\u5c3d\u7ba1\u65e0\u672c\u91d1\u4ea4\u5272\u8fdc\u671f\u5408\u7ea6\uff08NDF\uff09\u5728\u4e9a\u6d32\u9887\u53d7\u6b22\u8fce\uff0c\u4f46\u9a6c\u6765\u897f\u4e9a\u592e\u884c<a href=\"https:\/\/globalbankingmarkets.com\/news\/malaysian-ndf-ban-reinforcement-puts-investors-on-back-foot\" target=\"_blank\" rel=\"noopener\">\u5e76\u4e0d\u5141\u8bb8\u5f00\u5c55<\/a>\u9a6c\u6765\u897f\u4e9a\u6797\u5409\u7279\uff08MYR\uff09\u65e0\u672c\u91d1\u4ea4\u5272\u8fdc\u671f\u5408\u7ea6\u4e1a\u52a1\u3002 <\/p>\n\n<p>\u4e00\u5982\u65e2\u5f80\uff0c\u4f01\u4e1a\u9700\u8981\u4e00\u5957<a href=\"https:\/\/finalto.com\/uk\/blogs\/hotline-to-success-the-value-of-integration-in-modern-trading-solutions\/\">\u7efc\u5408\u4ea4\u6613\u89e3\u51b3\u65b9\u6848\uff0c<\/a>\u4ee5\u786e\u4fdd\u62e5\u6709\u6709\u6548\u5f00\u5c55\u4ea4\u6613\u548c\u7ba1\u7406\u98ce\u9669\u6240\u9700\u7684\u8d44\u6e90\u3002<\/p>\n\n<p><strong>\u60f3\u8fdb\u4e00\u6b65\u4e86\u89e3NDF\u5982\u4f55\u878d\u5165\u60a8\u7684\u6295\u8d44\u7b56\u7565\u5417\uff1f\u5728Finalto\uff0c\u6211\u4eec\u4e0d\u63d0\u4f9b\u5343\u7bc7\u4e00\u5f8b\u7684\u89e3\u51b3\u65b9\u6848\u3002 <\/strong><a href=\"https:\/\/finalto.com\/uk\/contact-us\/\"><strong>\u7acb\u5373\u8054\u7cfb\u6211\u4eec<\/strong><\/a><strong> 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