{"id":8118,"date":"2024-10-17T21:01:55","date_gmt":"2024-10-17T21:01:55","guid":{"rendered":"https:\/\/bjftradinggroup.com\/?p=8118"},"modified":"2025-11-30T16:56:23","modified_gmt":"2025-11-30T16:56:23","slug":"what-are-futures-and-how-do-they-differ-from-the-spot-market","status":"publish","type":"post","link":"https:\/\/bjftradinggroup.com\/vi\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/","title":{"rendered":"H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai l\u00e0 g\u00ec v\u00e0 ch\u00fang kh\u00e1c g\u00ec so v\u1edbi th\u1ecb tr\u01b0\u1eddng giao ngay (spot)?"},"content":{"rendered":"<p>H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai (futures) v\u00e0 th\u1ecb tr\u01b0\u1eddng giao ngay (spot) l\u00e0 hai c\u00f4ng c\u1ee5 t\u00e0i ch\u00ednh quan tr\u1ecdng \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0430\u043a\u0442\u0438\u0432\u043d\u043e b\u1edfi c\u1ea3 nh\u00e0 giao d\u1ecbch c\u00e1 nh\u00e2n l\u1eabn c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c. Tuy nhi\u00ean, d\u00f9 r\u1ea5t ph\u1ed5 bi\u1ebfn, nhi\u1ec1u nh\u00e0 giao d\u1ecbch m\u1edbi v\u1eabn ch\u01b0a hi\u1ec3u r\u00f5 s\u1ef1 kh\u00e1c bi\u1ec7t gi\u1eefa hai c\u00f4ng c\u1ee5 n\u00e0y v\u00e0 c\u00e1c \u0111\u1eb7c \u0111i\u1ec3m ri\u00eang c\u1ee7a ch\u00fang. Trong b\u00e0i vi\u1ebft n\u00e0y, ch\u00fang ta s\u1ebd t\u00ecm hi\u1ec3u h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai l\u00e0 g\u00ec, s\u1ef1 kh\u00e1c nhau gi\u1eefa th\u1ecb tr\u01b0\u1eddng futures v\u00e0 spot, \u0111\u1eb7c \u0111i\u1ec3m c\u1ee7a ho\u1ea1t \u0111\u1ed9ng arbitrage tr\u00ean c\u00e1c th\u1ecb tr\u01b0\u1eddng n\u00e0y, c\u0169ng nh\u01b0 chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch c\u1eb7p (pair trading) gi\u1eefa ch\u1ec9 s\u1ed1 v\u00e0 kim lo\u1ea1i tr\u00ean th\u1ecb tr\u01b0\u1eddng giao ngay v\u00e0 futures.<\/p>\n<h4>H\u1ee3p \u0110\u1ed3ng T\u01b0\u01a1ng Lai L\u00e0 G\u00ec?<\/h4>\n<p>H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai l\u00e0 c\u00f4ng c\u1ee5 t\u00e0i ch\u00ednh ph\u00e1i sinh th\u1ec3 hi\u1ec7n m\u1ed9t th\u1ecfa thu\u1eadn gi\u1eefa hai b\u00ean \u0111\u1ec3 mua ho\u1eb7c b\u00e1n m\u1ed9t t\u00e0i s\u1ea3n c\u01a1 s\u1edf (nh\u01b0 d\u1ea7u, v\u00e0ng, c\u1ed5 phi\u1ebfu) v\u00e0o m\u1ed9t th\u1eddi \u0111i\u1ec3m trong t\u01b0\u01a1ng lai v\u1edbi m\u1ee9c gi\u00e1 \u0111\u01b0\u1ee3c \u1ea5n \u0111\u1ecbnh tr\u01b0\u1edbc. \u0110i\u1ec1u n\u00e0y cho ph\u00e9p nh\u00e0 giao d\u1ecbch kh\u00f3a gi\u00e1 t\u00e0i s\u1ea3n \u0437\u0430\u0440\u0430\u043d\u0435\u0435, tr\u00e1nh \u1ea3nh h\u01b0\u1edfng c\u1ee7a bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng.<\/p>\n<p>C\u00e1c h\u1ee3p \u0111\u1ed3ng futures \u0111\u01b0\u1ee3c giao d\u1ecbch tr\u00ean c\u00e1c s\u1edf giao d\u1ecbch \u043e\u0440\u0433\u0430\u043d\u0438\u0437\u0438\u0440\u043e\u0432\u0430\u043d\u043d\u044b\u0439 nh\u01b0 <a href=\"https:\/\/www.cmegroup.com\/\">CME<\/a> (S\u1edf Giao d\u1ecbch H\u00e0ng h\u00f3a Chicago), n\u01a1i c\u00e1c \u0111i\u1ec1u kho\u1ea3n h\u1ee3p \u0111\u1ed3ng\u2014bao g\u1ed3m kh\u1ed1i l\u01b0\u1ee3ng v\u00e0 ng\u00e0y giao h\u00e0ng\u2014\u0111\u01b0\u1ee3c ti\u00eau chu\u1ea9n h\u00f3a. V\u00ed d\u1ee5 v\u1ec1 futures g\u1ed3m h\u1ee3p \u0111\u1ed3ng d\u1ea7u, n\u00f4ng s\u1ea3n, ti\u1ec1n t\u1ec7, ch\u1ec9 s\u1ed1 ch\u1ee9ng kho\u00e1n v\u00e0 nhi\u1ec1u lo\u1ea1i kh\u00e1c.<\/p>\n<h4>\u0110\u1eb7c \u0110i\u1ec3m C\u1ee7a H\u1ee3p \u0110\u1ed3ng T\u01b0\u01a1ng Lai:<\/h4>\n<ol>\n<li><strong>Ngh\u0129a V\u1ee5 Th\u1ef1c Hi\u1ec7n<\/strong>: Khi mua ho\u1eb7c b\u00e1n m\u1ed9t h\u1ee3p \u0111\u1ed3ng futures, c\u1ea3 hai b\u00ean \u0111\u1ec1u \u043e\u0431\u044f\u0437\u0430\u043d\u044b th\u1ef1c hi\u1ec7n giao d\u1ecbch trong t\u01b0\u01a1ng lai. Ng\u01b0\u1eddi mua ph\u1ea3i mua t\u00e0i s\u1ea3n, v\u00e0 ng\u01b0\u1eddi b\u00e1n ph\u1ea3i b\u00e1n t\u00e0i s\u1ea3n.<\/li>\n<li><strong>Ti\u00eau Chu\u1ea9n H\u00f3a<\/strong>: H\u1ee3p \u0111\u1ed3ng futures \u0111\u01b0\u1ee3c ti\u00eau chu\u1ea9n h\u00f3a, t\u1ee9c l\u00e0 kh\u1ed1i l\u01b0\u1ee3ng, ng\u00e0y giao h\u00e0ng v\u00e0 \u0111i\u1ec1u ki\u1ec7n th\u1ef1c thi \u0111\u00e3 \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh tr\u01b0\u1edbc.<\/li>\n<li><strong>Y\u00eau C\u1ea7u K\u00fd Qu\u1ef9 (Margin)<\/strong>: Futures cho ph\u00e9p s\u1eed d\u1ee5ng \u0111\u00f2n b\u1ea9y, ngh\u0129a l\u00e0 nh\u00e0 giao d\u1ecbch c\u00f3 th\u1ec3 m\u1edf v\u1ecb th\u1ebf l\u1edbn h\u01a1n v\u1ed1n hi\u1ec7n c\u00f3. \u0110\u1ec3 l\u00e0m v\u1eady, h\u1ecd ph\u1ea3i \u0111\u1eb7t m\u1ed9t kho\u1ea3n k\u00fd qu\u1ef9 g\u1ecdi l\u00e0 margin.<\/li>\n<li><strong>Ph\u00f2ng Ng\u1eeba R\u1ee7i Ro (Hedging)<\/strong>: Futures \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng r\u1ed9ng r\u00e3i cho m\u1ee5c \u0111\u00edch hedging\u2014b\u1ea3o v\u1ec7 tr\u01b0\u1edbc nh\u1eefng bi\u1ebfn \u0111\u1ed9ng gi\u00e1 b\u1ea5t l\u1ee3i. V\u00ed d\u1ee5, m\u1ed9t n\u00f4ng d\u00e2n c\u00f3 th\u1ec3 b\u00e1n futures cho s\u1ea3n ph\u1ea9m c\u1ee7a m\u00ecnh \u0111\u1ec3 b\u1ea3o v\u1ec7 kh\u1ecfi r\u1ee7i ro gi\u00e1 gi\u1ea3m.<\/li>\n<\/ol>\n<h4>Th\u1ecb Tr\u01b0\u1eddng Giao Ngay (Spot) L\u00e0 G\u00ec?<\/h4>\n<p>Th\u1ecb tr\u01b0\u1eddng spot (hay th\u1ecb tr\u01b0\u1eddng ti\u1ec1n m\u1eb7t) l\u00e0 n\u01a1i c\u00e1c giao d\u1ecbch \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n \u0111\u1ec3 nh\u1eadn t\u00e0i s\u1ea3n ngay l\u1eadp t\u1ee9c. Kh\u00e1c v\u1edbi th\u1ecb tr\u01b0\u1eddng futures, n\u01a1i giao d\u1ecbch \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n trong t\u01b0\u01a1ng lai, th\u1ecb tr\u01b0\u1eddng spot mua b\u00e1n g\u1ea7n nh\u01b0 di\u1ec5n ra ngay l\u1eadp t\u1ee9c. Gi\u00e1 c\u1ee7a t\u00e0i s\u1ea3n tr\u00ean th\u1ecb tr\u01b0\u1eddng spot \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 gi\u00e1 spot.<\/p>\n<h4>\u0110\u1eb7c \u0110i\u1ec3m C\u1ee7a Th\u1ecb Tr\u01b0\u1eddng Spot:<\/h4>\n<ol>\n<li><strong>Giao H\u00e0ng Ngay<\/strong>: T\u00e0i s\u1ea3n tr\u00ean th\u1ecb tr\u01b0\u1eddng spot \u0111\u01b0\u1ee3c mua b\u00e1n \u0111\u1ec3 giao ngay. Vi\u1ec7c giao c\u00f3 th\u1ec3 l\u00e0 giao v\u1eadt ch\u1ea5t (nh\u01b0 kim lo\u1ea1i hay d\u1ea7u) ho\u1eb7c thanh to\u00e1n ti\u1ec1n t\u1ec7 (nh\u01b0 tr\u00ean th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i).<\/li>\n<li><strong>\u0110\u01a1n Gi\u1ea3n V\u00e0 Minh B\u1ea1ch<\/strong>: Th\u1ecb tr\u01b0\u1eddng spot d\u1ec5 hi\u1ec3u v\u00e0 minh b\u1ea1ch v\u00ec giao d\u1ecbch \u0111\u01b0\u1ee3c kh\u1edbp theo gi\u00e1 th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i, ph\u1ea3n \u00e1nh cung\u2013c\u1ea7u t\u1ee9c th\u1eddi.<\/li>\n<li><strong>Kh\u00f4ng C\u00f3 Ngh\u0129a V\u1ee5 T\u01b0\u01a1ng Lai<\/strong>: Kh\u00f4ng gi\u1ed1ng futures, th\u1ecb tr\u01b0\u1eddng spot kh\u00f4ng c\u00f3 ngh\u0129a v\u1ee5 v\u1ec1 vi\u1ec7c th\u1ef1c hi\u1ec7n trong t\u01b0\u01a1ng lai. Giao d\u1ecbch ho\u00e0n t\u1ea5t ngay khi kh\u1edbp l\u1ec7nh.<\/li>\n<li><strong>T\u00ednh Thanh Kho\u1ea3n Cao<\/strong>: Ph\u1ea7n l\u1edbn t\u00e0i s\u1ea3n tr\u00ean th\u1ecb tr\u01b0\u1eddng spot c\u00f3 t\u00ednh thanh kho\u1ea3n cao v\u00ec \u0111\u01b0\u1ee3c nhu c\u1ea7u s\u1eed d\u1ee5ng ngay.<\/li>\n<\/ol>\n<h3>Nh\u1eefng Kh\u00e1c Bi\u1ec7t Ch\u00ednh Gi\u1eefa Th\u1ecb Tr\u01b0\u1eddng Futures V\u00e0 Th\u1ecb Tr\u01b0\u1eddng Spot<\/h3>\n<p>M\u1eb7c d\u00f9 futures v\u00e0 spot c\u00f3 th\u1ec3 giao d\u1ecbch c\u00f9ng m\u1ed9t lo\u1ea1i t\u00e0i s\u1ea3n, ch\u00fang kh\u00e1c nhau \u0111\u00e1ng k\u1ec3 \u1edf nhi\u1ec1u kh\u00eda c\u1ea1nh. D\u01b0\u1edbi \u0111\u00e2y l\u00e0 nh\u1eefng kh\u00e1c bi\u1ec7t ch\u00ednh:<\/p>\n<table class=\"table\">\n<thead>\n<tr>\n<th><span style=\"color: #333399;\"><strong>Ti\u00eau ch\u00ed<\/strong><\/span><\/th>\n<th><span style=\"color: #333399;\"><strong>Th\u1ecb tr\u01b0\u1eddng Futures<\/strong><\/span><\/th>\n<th><span style=\"color: #333399;\"><strong>Th\u1ecb tr\u01b0\u1eddng Spot<\/strong><\/span><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span style=\"color: #333399;\"><strong>Th\u1eddi gian th\u1ef1c hi\u1ec7n<\/strong><\/span><\/td>\n<td><span style=\"color: #333399;\">Giao d\u1ecbch \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n trong t\u01b0\u01a1ng lai v\u1edbi gi\u00e1 \u0111\u00e3 \u0111\u1ecbnh tr\u01b0\u1edbc<\/span><\/td>\n<td><span style=\"color: #333399;\">Giao d\u1ecbch \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n ngay sau khi th\u1ecfa thu\u1eadn<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #333399;\"><strong>Ngh\u0129a v\u1ee5<\/strong><\/span><\/td>\n<td><span style=\"color: #333399;\">Ng\u01b0\u1eddi mua v\u00e0 ng\u01b0\u1eddi b\u00e1n b\u1eaft bu\u1ed9c th\u1ef1c hi\u1ec7n h\u1ee3p \u0111\u1ed3ng trong t\u01b0\u01a1ng lai<\/span><\/td>\n<td><span style=\"color: #333399;\">Kh\u00f4ng c\u00f3 ngh\u0129a v\u1ee5 t\u01b0\u01a1ng lai<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #333399;\"><strong>S\u1eed d\u1ee5ng k\u00fd qu\u1ef9<\/strong><\/span><\/td>\n<td><span style=\"color: #333399;\">C\u1ea7n k\u00fd qu\u1ef9 \u0111\u1ec3 m\u1edf v\u1ecb th\u1ebf<\/span><\/td>\n<td><span style=\"color: #333399;\">Giao d\u1ecbch theo to\u00e0n b\u1ed9 gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #333399;\"><strong>Hedging<\/strong><\/span><\/td>\n<td><span style=\"color: #333399;\">Th\u01b0\u1eddng d\u00f9ng \u0111\u1ec3 ph\u00f2ng ng\u1eeba r\u1ee7i ro<\/span><\/td>\n<td><span style=\"color: #333399;\">Hi\u1ebfm khi d\u00f9ng \u0111\u1ec3 hedging<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #333399;\"><strong>Lo\u1ea1i t\u00e0i s\u1ea3n<\/strong><\/span><\/td>\n<td><span style=\"color: #333399;\">H\u1ee3p \u0111\u1ed3ng chu\u1ea9n h\u00f3a cho h\u00e0ng h\u00f3a, ti\u1ec1n t\u1ec7, ch\u1ec9 s\u1ed1<\/span><\/td>\n<td><span style=\"color: #333399;\">T\u00e0i s\u1ea3n v\u1eadt ch\u1ea5t, ti\u1ec1n t\u1ec7, nguy\u00ean li\u1ec7u th\u00f4<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #333399;\"><strong>\u0110\u00f2n b\u1ea9y<\/strong><\/span><\/td>\n<td><span style=\"color: #333399;\">Th\u01b0\u1eddng d\u00f9ng \u0111\u1ec3 t\u0103ng quy m\u00f4 giao d\u1ecbch<\/span><\/td>\n<td><span style=\"color: #333399;\">Th\u01b0\u1eddng kh\u00f4ng c\u00f3 ho\u1eb7c \u00edt d\u00f9ng<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #333399;\"><strong>Bi\u1ebfn \u0111\u1ed9ng<\/strong><\/span><\/td>\n<td><span style=\"color: #333399;\">Gi\u00e1 futures c\u00f3 th\u1ec3 l\u1ec7ch kh\u1ecfi gi\u00e1 spot do k\u1ef3 v\u1ecdng th\u1ecb tr\u01b0\u1eddng<\/span><\/td>\n<td><span style=\"color: #333399;\">Gi\u00e1 spot ph\u1ea3n \u00e1nh cung\u2013c\u1ea7u hi\u1ec7n t\u1ea1i<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Arbitrage Tr\u00ean Th\u1ecb Tr\u01b0\u1eddng Spot V\u00e0 Futures<\/h2>\n<p>Arbitrage l\u00e0 chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch ki\u1ebfm l\u1ee3i t\u1eeb ch\u00eanh l\u1ec7ch gi\u00e1 c\u1ee7a c\u00f9ng m\u1ed9t t\u00e0i s\u1ea3n \u1edf c\u00e1c th\u1ecb tr\u01b0\u1eddng kh\u00e1c nhau. Arbitrage c\u00f3 th\u1ec3 th\u1ef1c hi\u1ec7n \u1edf c\u1ea3 th\u1ecb tr\u01b0\u1eddng spot v\u00e0 futures, nh\u01b0ng m\u1ed7i th\u1ecb tr\u01b0\u1eddng mang l\u1ea1i c\u01a1 h\u1ed9i v\u00e0 r\u1ee7i ro ri\u00eang.<\/p>\n<h4>Arbitrage Tr\u00ean Th\u1ecb Tr\u01b0\u1eddng Spot<\/h4>\n<p>Arbitrage spot l\u00e0 mua v\u00e0 b\u00e1n m\u1ed9t t\u00e0i s\u1ea3n tr\u00ean c\u00e1c n\u1ec1n t\u1ea3ng ho\u1eb7c s\u00e0n kh\u00e1c nhau n\u01a1i gi\u00e1 c\u00f3 th\u1ec3 kh\u00e1c nhau. M\u1ee5c ti\u00eau ch\u00ednh c\u1ee7a arbitrageur l\u00e0 t\u1eadn d\u1ee5ng nhanh ch\u00eanh l\u1ec7ch gi\u00e1.<\/p>\n<p><strong>\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a arbitrage spot:<\/strong><\/p>\n<ul>\n<li><strong>Kh\u1edbp l\u1ec7nh t\u1ee9c th\u00ec<\/strong>: V\u00ec giao d\u1ecbch spot di\u1ec5n ra ngay, arbitrageur c\u1ea7n ph\u1ea3n \u1ee9ng r\u1ea5t nhanh \u0111\u1ec3 khai th\u00e1c ch\u00eanh l\u1ec7ch.<\/li>\n<li><strong>Nhi\u1ec1u s\u00e0n kh\u00e1c nhau<\/strong>: Ch\u00eanh l\u1ec7ch c\u00f3 th\u1ec3 xu\u1ea5t hi\u1ec7n gi\u1eefa c\u00e1c s\u00e0n c\u00f3 thanh kho\u1ea3n v\u00e0 nhu c\u1ea7u kh\u00e1c nhau. V\u00ed d\u1ee5, gi\u00e1 ti\u1ec1n t\u1ec7 ho\u1eb7c crypto c\u00f3 th\u1ec3 kh\u00e1c nhau gi\u1eefa c\u00e1c s\u00e0n.<\/li>\n<li><strong>Chi ph\u00ed giao d\u1ecbch<\/strong>: Ph\u00ed giao d\u1ecbch v\u00e0 ph\u00ed chuy\u1ec3n t\u00e0i s\u1ea3n gi\u1eefa c\u00e1c s\u00e0n c\u00f3 th\u1ec3 \u0103n v\u00e0o l\u1ee3i nhu\u1eadn, v\u00ec v\u1eady c\u1ea7n t\u00ednh to\u00e1n.<\/li>\n<\/ul>\n<h4>Arbitrage Tr\u00ean Th\u1ecb Tr\u01b0\u1eddng Futures<\/h4>\n<p>Arbitrage futures l\u00e0 ki\u1ebfm l\u1ee3i t\u1eeb ch\u00eanh l\u1ec7ch gi\u1eefa gi\u00e1 spot v\u00e0 gi\u00e1 futures c\u1ee7a c\u00f9ng t\u00e0i s\u1ea3n. Nh\u00e0 giao d\u1ecbch c\u00f3 th\u1ec3 mua t\u00e0i s\u1ea3n tr\u00ean spot v\u00e0 b\u00e1n h\u1ee3p \u0111\u1ed3ng futures t\u01b0\u01a1ng \u1ee9ng \u0111\u1ec3 kh\u00f3a ch\u00eanh l\u1ec7ch l\u1ee3i nhu\u1eadn.<\/p>\n<p><strong>\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a arbitrage futures:<\/strong><\/p>\n<ul>\n<li><strong>Hedging r\u1ee7i ro<\/strong>: Mua \u1edf m\u1ed9t th\u1ecb tr\u01b0\u1eddng v\u00e0 b\u00e1n \u1edf th\u1ecb tr\u01b0\u1eddng kh\u00e1c gi\u00fap gi\u1ea3m r\u1ee7i ro khi gi\u00e1 bi\u1ebfn \u0111\u1ed9ng b\u1ea5t l\u1ee3i.<\/li>\n<li><strong>Y\u00eau c\u1ea7u k\u00fd qu\u1ef9<\/strong>: Futures d\u00f9ng margin n\u00ean c\u00f3 th\u1ec3 d\u00f9ng \u0111\u00f2n b\u1ea9y \u0111\u1ec3 m\u1edf v\u1ecb th\u1ebf l\u1edbn.<\/li>\n<li><strong>Kh\u00e1c bi\u1ec7t v\u1ec1 th\u1eddi gian th\u1ef1c hi\u1ec7n<\/strong>: V\u00ec futures th\u1ef1c hi\u1ec7n trong t\u01b0\u01a1ng lai, ch\u00eanh l\u1ec7ch spot\u2013futures c\u00f3 th\u1ec3 thay \u0111\u1ed5i theo th\u1eddi gian.<\/li>\n<\/ul>\n<h3>So S\u00e1nh Arbitrage Spot V\u00e0 Arbitrage Futures<\/h3>\n<table class=\"table\">\n<thead>\n<tr>\n<th><span style=\"color: #333399;\"><strong>Ti\u00eau ch\u00ed<\/strong><\/span><\/th>\n<th><span style=\"color: #333399;\"><strong>Arbitrage Spot<\/strong><\/span><\/th>\n<th><span style=\"color: #333399;\"><strong>Arbitrage Futures<\/strong><\/span><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span style=\"color: #333399;\"><strong>Lo\u1ea1i giao d\u1ecbch<\/strong><\/span><\/td>\n<td><span style=\"color: #333399;\">Mua v\u00e0 b\u00e1n t\u00e0i s\u1ea3n tr\u00ean spot<\/span><\/td>\n<td><span style=\"color: #333399;\">Mua spot v\u00e0 b\u00e1n h\u1ee3p \u0111\u1ed3ng futures<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #333399;\"><strong>S\u1eed d\u1ee5ng k\u00fd qu\u1ef9<\/strong><\/span><\/td>\n<td><span style=\"color: #333399;\">Hi\u1ebfm khi d\u00f9ng<\/span><\/td>\n<td><span style=\"color: #333399;\">Th\u01b0\u1eddng d\u00f9ng nh\u1edd margin<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #333399;\"><strong>R\u1ee7i ro<\/strong><\/span><\/td>\n<td><span style=\"color: #333399;\">Bi\u1ebfn \u0111\u1ed9ng gi\u00e1 spot<\/span><\/td>\n<td><span style=\"color: #333399;\">Bi\u1ebfn \u0111\u1ed9ng ch\u00eanh l\u1ec7ch gi\u1eefa spot v\u00e0 futures<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #333399;\"><strong>Th\u1eddi gian th\u1ef1c hi\u1ec7n<\/strong><\/span><\/td>\n<td><span style=\"color: #333399;\">Kh\u1edbp l\u1ec7nh ngay l\u1eadp t\u1ee9c<\/span><\/td>\n<td><span style=\"color: #333399;\">H\u1ee3p \u0111\u1ed3ng th\u1ef1c hi\u1ec7n trong t\u01b0\u01a1ng lai<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #333399;\"><strong>Chi ph\u00ed giao d\u1ecbch<\/strong><\/span><\/td>\n<td><span style=\"color: #333399;\">Ph\u00ed giao d\u1ecbch v\u00e0 ph\u00ed chuy\u1ec3n gi\u1eefa c\u00e1c s\u00e0n<\/span><\/td>\n<td><span style=\"color: #333399;\">Ph\u00ed futures v\u00e0 chi ph\u00ed margin<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Pair Trading Gi\u1eefa Ch\u1ec9 S\u1ed1\/Kim Lo\u1ea1i Spot V\u00e0 Futures<\/h2>\n<p><a href=\"https:\/\/bjftradinggroup.com\/pairs-trading-setup-for-futures-vs-spot-trading\/\">Pair trading<\/a> l\u00e0 chi\u1ebfn l\u01b0\u1ee3c trung t\u00ednh th\u1ecb tr\u01b0\u1eddng: m\u1edf hai v\u1ecb th\u1ebf \u0111\u1ed1i ngh\u1ecbch tr\u00ean c\u00e1c t\u00e0i s\u1ea3n c\u00f3 t\u01b0\u01a1ng quan \u0111\u1ec3 ki\u1ebfm l\u1ee3i t\u1eeb s\u1ef1 ph\u00e2n k\u1ef3 gi\u00e1. Tr\u00ean spot v\u00e0 futures, chi\u1ebfn l\u01b0\u1ee3c n\u00e0y th\u01b0\u1eddng \u00e1p d\u1ee5ng v\u1edbi ch\u1ec9 s\u1ed1 v\u00e0 kim lo\u1ea1i \u0111\u1ec3 t\u1eadn d\u1ee5ng ch\u00eanh l\u1ec7ch gi\u1eefa gi\u00e1 spot v\u00e0 futures.<\/p>\n<h4>Pair Trading Gi\u1eefa Ch\u1ec9 S\u1ed1 Spot V\u00e0 Futures<\/h4>\n<p>Trader th\u01b0\u1eddng giao d\u1ecbch c\u1eb7p gi\u1eefa ch\u1ec9 s\u1ed1 spot (nh\u01b0 S&amp;P 500 ho\u1eb7c NASDAQ) v\u00e0 h\u1ee3p \u0111\u1ed3ng futures t\u01b0\u01a1ng \u1ee9ng. B\u1eb1ng c\u00e1ch long m\u1ed9t b\u00ean v\u00e0 short b\u00ean c\u00f2n l\u1ea1i, h\u1ecd k\u1ef3 v\u1ecdng ki\u1ebfm l\u1ee3i khi spread gi\u1eefa spot v\u00e0 futures thu h\u1eb9p ho\u1eb7c m\u1edf r\u1ed9ng.<\/p>\n<p><strong>\u0110\u1eb7c \u0111i\u1ec3m pair trading v\u1edbi ch\u1ec9 s\u1ed1:<\/strong><\/p>\n<ul>\n<li><strong>Hedging<\/strong>: Gi\u00fap gi\u1ea3m r\u1ee7i ro v\u00ec m\u1ed9t t\u00e0i s\u1ea3n \u0111\u00f3ng vai tr\u00f2 ph\u00f2ng ng\u1eeba cho t\u00e0i s\u1ea3n kia.<\/li>\n<li><strong>\u0110\u00f2n b\u1ea9y<\/strong>: Futures cho ph\u00e9p d\u00f9ng \u0111\u00f2n b\u1ea9y, c\u00f3 th\u1ec3 khu\u1ebfch \u0111\u1ea1i l\u1ee3i nhu\u1eadn ho\u1eb7c thua l\u1ed7.<\/li>\n<li><strong>T\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng<\/strong>: Futures ph\u1ea3n \u00e1nh k\u1ef3 v\u1ecdng t\u01b0\u01a1ng lai, c\u00f2n spot ph\u1ea3n \u00e1nh hi\u1ec7n t\u1ea1i. Pair trading ki\u1ebfm l\u1ee3i t\u1eeb vi\u1ec7c hai m\u1ee9c gi\u00e1 n\u00e0y \u0111i\u1ec1u ch\u1ec9nh v\u1ec1 h\u1ee3p l\u00fd.<\/li>\n<\/ul>\n<h4>Pair Trading Gi\u1eefa Kim Lo\u1ea1i Spot V\u00e0 Futures<\/h4>\n<p>C\u01a1 h\u1ed9i t\u01b0\u01a1ng t\u1ef1 xu\u1ea5t hi\u1ec7n v\u1edbi kim lo\u1ea1i nh\u01b0 v\u00e0ng (XAUUSD) ho\u1eb7c b\u1ea1c (XAGUSD). Trader c\u00f3 th\u1ec3 \u0111\u1ed3ng th\u1eddi giao d\u1ecbch gi\u00e1 spot v\u00e0 h\u1ee3p \u0111\u1ed3ng futures. Mua spot v\u00e0 b\u00e1n futures (ho\u1eb7c ng\u01b0\u1ee3c l\u1ea1i) \u0111\u1ec3 t\u1eadn d\u1ee5ng ch\u00eanh l\u1ec7ch do k\u1ef3 v\u1ecdng v\u00e0 nhu c\u1ea7u hi\u1ec7n t\u1ea1i kh\u00e1c nhau.<\/p>\n<p><strong>\u0110\u1eb7c \u0111i\u1ec3m pair trading v\u1edbi kim lo\u1ea1i:<\/strong><\/p>\n<ul>\n<li><strong>T\u00ednh m\u00f9a v\u1ee5 v\u00e0 s\u1ef1 ki\u1ec7n kinh t\u1ebf<\/strong>: Kim lo\u1ea1i ch\u1ecbu \u1ea3nh h\u01b0\u1edfng b\u1edfi y\u1ebfu t\u1ed1 v\u0129 m\u00f4, \u0111\u1ecba ch\u00ednh tr\u1ecb v\u00e0 cung\u2013c\u1ea7u, t\u1ea1o c\u01a1 h\u1ed9i arbitrage spot\u2013futures.<\/li>\n<li><strong>Chi ph\u00ed l\u01b0u kho v\u00e0 l\u00e3i su\u1ea5t<\/strong>: Trong futures, chi ph\u00ed l\u01b0u kho v\u00e0 l\u00e3i su\u1ea5t \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn ch\u00eanh l\u1ec7ch spot\u2013futures; pair trader th\u01b0\u1eddng \u0443\u0447\u0438\u0442\u044b\u0432\u0430\u0435\u0442 c\u00e1c y\u1ebfu t\u1ed1 n\u00e0y.<\/li>\n<\/ul>\n<h4>\u01afu \u0110i\u1ec3m C\u1ee7a Pair Trading Spot\u2013Futures:<\/h4>\n<ol>\n<li><strong>R\u1ee7i ro th\u1ecb tr\u01b0\u1eddng th\u1ea5p h\u01a1n<\/strong>: V\u00ec trung t\u00ednh th\u1ecb tr\u01b0\u1eddng, chi\u1ebfn l\u01b0\u1ee3c n\u00e0y gi\u1ea3m ph\u01a1i nhi\u1ec5m v\u1edbi bi\u1ebfn \u0111\u1ed9ng chung.<\/li>\n<li><strong>\u0110\u00f2n b\u1ea9y tr\u00ean futures<\/strong>: Margin cho ph\u00e9p v\u00e0o v\u1ecb th\u1ebf l\u1edbn v\u1edbi v\u1ed1n nh\u1ecf h\u01a1n.<\/li>\n<li><strong>K\u1ebft h\u1ee3p hedging v\u00e0 arbitrage<\/strong>: Pair trading t\u1ef1 nhi\u00ean c\u00e2n b\u1eb1ng r\u1ee7i ro \u0111\u1ed3ng th\u1eddi khai th\u00e1c mispricing.<\/li>\n<\/ol>\n<h3>K\u1ebft Lu\u1eadn<\/h3>\n<p>Th\u1ecb tr\u01b0\u1eddng futures v\u00e0 spot mang \u0111\u1ebfn nhi\u1ec1u c\u01a1 h\u1ed9i giao d\u1ecbch t\u00e0i s\u1ea3n, v\u00e0 arbitrage tr\u00ean t\u1eebng th\u1ecb tr\u01b0\u1eddng c\u00f3 \u0111\u1eb7c th\u00f9 ri\u00eang. Arbitrage spot \u0111\u00f2i h\u1ecfi ph\u1ea3n \u1ee9ng nhanh v\u00e0 ph\u1ea3i t\u00ednh chi ph\u00ed giao d\u1ecbch. Arbitrage futures c\u1ea7n x\u00e9t \u0111\u1ebfn gi\u00e1 t\u01b0\u01a1ng lai v\u00e0 d\u00f9ng margin \u0111\u1ec3 t\u0103ng l\u1ee3i nhu\u1eadn. Pair trading k\u1ebft h\u1ee3p spot v\u00e0 futures \u0111em l\u1ea1i l\u1ee3i th\u1ebf \u0111\u1ed9c \u0111\u00e1o cho trader mu\u1ed1n ki\u1ebfm l\u1ee3i t\u1eeb ph\u00e2n k\u1ef3 gi\u00e1 trong khi gi\u1ea3m r\u1ee7i ro.<\/p>\n<p>D\u00f9 l\u00e0 arbitrage hay pair trading, th\u1ecb tr\u01b0\u1eddng futures v\u00e0 spot \u0111\u1ec1u c\u00f3 th\u1ec3 mang l\u1ea1i l\u1ee3i nhu\u1eadn \u0111\u00e1ng k\u1ec3 n\u1ebfu \u0111\u01b0\u1ee3c ti\u1ebfp c\u1eadn v\u1edbi \u0111\u00e1nh gi\u00e1 r\u1ee7i ro v\u00e0 c\u01a1 h\u1ed9i h\u1ee3p l\u00fd. Hi\u1ec3u r\u00f5 hai th\u1ecb tr\u01b0\u1eddng n\u00e0y, \u0111i\u1ec3m kh\u00e1c nhau v\u00e0 c\u00e1ch \u00e1p d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c nh\u01b0 pair trading s\u1ebd gi\u00fap trader khai th\u00e1c th\u00eam ti\u1ec1m n\u0103ng trong ho\u1ea1t \u0111\u1ed9ng giao d\u1ecbch c\u1ee7a m\u00ecnh.<br \/>\n<\/p>","protected":false},"excerpt":{"rendered":"<p>H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai (futures) v\u00e0 th\u1ecb tr\u01b0\u1eddng giao ngay (spot) l\u00e0 hai c\u00f4ng c\u1ee5 t\u00e0i ch\u00ednh quan tr\u1ecdng \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0430\u043a\u0442\u0438\u0432\u043d\u043e b\u1edfi c\u1ea3 nh\u00e0 giao d\u1ecbch c\u00e1 nh\u00e2n l\u1eabn c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c. Tuy nhi\u00ean, d\u00f9 r\u1ea5t ph\u1ed5 bi\u1ebfn, nhi\u1ec1u nh\u00e0 giao d\u1ecbch m\u1edbi v\u1eabn ch\u01b0a hi\u1ec3u r\u00f5 s\u1ef1 kh\u00e1c bi\u1ec7t gi\u1eefa hai c\u00f4ng c\u1ee5 n\u00e0y v\u00e0 c\u00e1c \u0111\u1eb7c \u0111i\u1ec3m ri\u00eang c\u1ee7a ch\u00fang. Trong b\u00e0i vi\u1ebft n\u00e0y, ch\u00fang ta s\u1ebd t\u00ecm&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[53,221],"tags":[],"class_list":["post-8118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arbitrage-software","category-forex-trading"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai l\u00e0 g\u00ec v\u00e0 ch\u00fang kh\u00e1c g\u00ec so v\u1edbi th\u1ecb tr\u01b0\u1eddng giao ngay (spot)? - Forex &amp; Cryptocurrencies Arbitrage Software | BJF Trading Group Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/\" \/>\n<meta property=\"og:locale\" content=\"vi_VN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"[:en]What Are Futures and How Do They Differ From the Spot Market?[:de]Was sind Futures und wie unterscheiden sie sich vom Spotmarkt?[:ja]\u5148\u7269\u53d6\u5f15\u3068\u306f\u4f55\u304b\u3001\u305d\u3057\u3066\u73fe\u7269\u5e02\u5834\u3068\u306e\u9055\u3044\u306f\u4f55\u304b[:ar]\u0645\u0627 \u0647\u064a \u0627\u0644\u0639\u0642\u0648\u062f \u0627\u0644\u0622\u062c\u0644\u0629 \u0648\u0643\u064a\u0641 \u062a\u062e\u062a\u0644\u0641 \u0639\u0646 \u0627\u0644\u0633\u0648\u0642 \u0627\u0644\u0641\u0648\u0631\u064a\u061f[:ko]\uc120\ubb3c \uac70\ub798\ub780 \ubb34\uc5c7\uc774\uba70 \ud604\ubb3c \uc2dc\uc7a5\uacfc \uc5b4\ub5bb\uac8c \ub2e4\ub978\uac00?[:es]\u00bfQu\u00e9 son los futuros y en qu\u00e9 se diferencian del mercado spot?[:pt]O que s\u00e3o futuros e como eles diferem do mercado spot?[:id]Apa itu kontrak berjangka (futures) dan apa bedanya dengan pasar spot?[:vi]H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai l\u00e0 g\u00ec v\u00e0 ch\u00fang kh\u00e1c g\u00ec so v\u1edbi th\u1ecb tr\u01b0\u1eddng giao ngay (spot)?[:] - Forex &amp; Cryptocurrencies Arbitrage Software | BJF Trading Group Inc.\" \/>\n<meta property=\"og:description\" content=\"H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai (futures) v\u00e0 th\u1ecb tr\u01b0\u1eddng giao ngay (spot) l\u00e0 hai c\u00f4ng c\u1ee5 t\u00e0i ch\u00ednh quan tr\u1ecdng \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0430\u043a\u0442\u0438\u0432\u043d\u043e b\u1edfi c\u1ea3 nh\u00e0 giao d\u1ecbch c\u00e1 nh\u00e2n l\u1eabn c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c. Tuy nhi\u00ean, d\u00f9 r\u1ea5t ph\u1ed5 bi\u1ebfn, nhi\u1ec1u nh\u00e0 giao d\u1ecbch m\u1edbi v\u1eabn ch\u01b0a hi\u1ec3u r\u00f5 s\u1ef1 kh\u00e1c bi\u1ec7t gi\u1eefa hai c\u00f4ng c\u1ee5 n\u00e0y v\u00e0 c\u00e1c \u0111\u1eb7c \u0111i\u1ec3m ri\u00eang c\u1ee7a ch\u00fang. 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Tuy nhi\u00ean, d\u00f9 r\u1ea5t ph\u1ed5 bi\u1ebfn, nhi\u1ec1u nh\u00e0 giao d\u1ecbch m\u1edbi v\u1eabn ch\u01b0a hi\u1ec3u r\u00f5 s\u1ef1 kh\u00e1c bi\u1ec7t gi\u1eefa hai c\u00f4ng c\u1ee5 n\u00e0y v\u00e0 c\u00e1c \u0111\u1eb7c \u0111i\u1ec3m ri\u00eang c\u1ee7a ch\u00fang. Trong b\u00e0i vi\u1ebft n\u00e0y, ch\u00fang ta s\u1ebd t\u00ecm&hellip;","og_url":"https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/","og_site_name":"Forex &amp; Cryptocurrencies Arbitrage Software | BJF Trading Group Inc.","article_author":"https:\/\/www.facebook.com\/bjftradinggroup","article_published_time":"2024-10-17T21:01:55+00:00","article_modified_time":"2025-11-30T16:56:23+00:00","og_image":[{"url":"https:\/\/bjftradinggroup.com\/wp-content\/uploads\/2024\/10\/pairs-trading-futures-vs-spots.png","width":1024,"height":1024,"type":"image\/png"}],"author":"Boris Fesenko","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Boris Fesenko","Est. reading time":"49 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/#article","isPartOf":{"@id":"https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/"},"author":{"name":"Boris Fesenko","@id":"https:\/\/bjftradinggroup.com\/#\/schema\/person\/293df6ddb1f30db046ca9cd8928138a9"},"headline":"H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai l\u00e0 g\u00ec v\u00e0 ch\u00fang kh\u00e1c g\u00ec so v\u1edbi th\u1ecb tr\u01b0\u1eddng giao ngay (spot)?","datePublished":"2024-10-17T21:01:55+00:00","dateModified":"2025-11-30T16:56:23+00:00","mainEntityOfPage":{"@id":"https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/"},"wordCount":23477,"commentCount":0,"image":{"@id":"https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/#primaryimage"},"thumbnailUrl":"https:\/\/bjftradinggroup.com\/wp-content\/uploads\/2024\/10\/pairs-trading-futures-vs-spots.png","articleSection":["Arbitrage Software","Forex trading"],"inLanguage":"vi-VN","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/","url":"https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/","name":"[:en]What Are Futures and How Do They Differ From the Spot Market?[:de]Was sind Futures und wie unterscheiden sie sich vom Spotmarkt?[:ja]\u5148\u7269\u53d6\u5f15\u3068\u306f\u4f55\u304b\u3001\u305d\u3057\u3066\u73fe\u7269\u5e02\u5834\u3068\u306e\u9055\u3044\u306f\u4f55\u304b[:ar]\u0645\u0627 \u0647\u064a \u0627\u0644\u0639\u0642\u0648\u062f \u0627\u0644\u0622\u062c\u0644\u0629 \u0648\u0643\u064a\u0641 \u062a\u062e\u062a\u0644\u0641 \u0639\u0646 \u0627\u0644\u0633\u0648\u0642 \u0627\u0644\u0641\u0648\u0631\u064a\u061f[:ko]\uc120\ubb3c \uac70\ub798\ub780 \ubb34\uc5c7\uc774\uba70 \ud604\ubb3c \uc2dc\uc7a5\uacfc \uc5b4\ub5bb\uac8c \ub2e4\ub978\uac00?[:es]\u00bfQu\u00e9 son los futuros y en qu\u00e9 se diferencian del mercado spot?[:pt]O que s\u00e3o futuros e como eles diferem do mercado spot?[:id]Apa itu kontrak berjangka (futures) dan apa bedanya dengan pasar spot?[:vi]H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai l\u00e0 g\u00ec v\u00e0 ch\u00fang kh\u00e1c g\u00ec so v\u1edbi th\u1ecb tr\u01b0\u1eddng giao ngay (spot)?[:] - Forex &amp; Cryptocurrencies Arbitrage Software | BJF Trading Group Inc.","isPartOf":{"@id":"https:\/\/bjftradinggroup.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/#primaryimage"},"image":{"@id":"https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/#primaryimage"},"thumbnailUrl":"https:\/\/bjftradinggroup.com\/wp-content\/uploads\/2024\/10\/pairs-trading-futures-vs-spots.png","datePublished":"2024-10-17T21:01:55+00:00","dateModified":"2025-11-30T16:56:23+00:00","author":{"@id":"https:\/\/bjftradinggroup.com\/#\/schema\/person\/293df6ddb1f30db046ca9cd8928138a9"},"breadcrumb":{"@id":"https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/#breadcrumb"},"inLanguage":"vi-VN","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/"]}]},{"@type":"ImageObject","inLanguage":"vi-VN","@id":"https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/#primaryimage","url":"https:\/\/bjftradinggroup.com\/wp-content\/uploads\/2024\/10\/pairs-trading-futures-vs-spots.png","contentUrl":"https:\/\/bjftradinggroup.com\/wp-content\/uploads\/2024\/10\/pairs-trading-futures-vs-spots.png","width":1024,"height":1024,"caption":"pairs trading gold vs silver"},{"@type":"BreadcrumbList","@id":"https:\/\/bjftradinggroup.com\/what-are-futures-and-how-do-they-differ-from-the-spot-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bjftradinggroup.com\/"},{"@type":"ListItem","position":2,"name":"What Are Futures and How Do They Differ From the Spot Market?"}]},{"@type":"WebSite","@id":"https:\/\/bjftradinggroup.com\/#website","url":"https:\/\/bjftradinggroup.com\/","name":"Forex &amp; Cryptocurrencies Arbitrage Software | BJF Trading Group Inc.","description":"FX Software pioneer since 2000","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bjftradinggroup.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"vi-VN"},{"@type":"Person","@id":"https:\/\/bjftradinggroup.com\/#\/schema\/person\/293df6ddb1f30db046ca9cd8928138a9","name":"Boris Fesenko","pronouns":"He","image":{"@type":"ImageObject","inLanguage":"vi-VN","@id":"https:\/\/secure.gravatar.com\/avatar\/007a433de26ad3eca139ef7f314d6081bf1b619eceb1e5d1f590b8e06f95f05c?s=96&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/007a433de26ad3eca139ef7f314d6081bf1b619eceb1e5d1f590b8e06f95f05c?s=96&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/007a433de26ad3eca139ef7f314d6081bf1b619eceb1e5d1f590b8e06f95f05c?s=96&r=g","caption":"Boris Fesenko"},"description":"Born in 1971 in Ukraine, I graduated from East Ukrainian State University and later completed postgraduate studies at the same university, where I also wrote my PhD dissertation. 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