银行业务：Trader交易商

会计考友

　　Commercial Trader商业性交易商
　　Uses the futures market for "hedging purposes since they are involved in the production, processing or merchandising of a commodity.
　　Commercial traders are well capitalized & usually provide the "fuel" for market advances/declines.
9 L8 y% H+ D/ M　　In foreign currency futures however, commercial positions are less relevant as the majority of trading is done in the forex market.
　　Non Commercial Trader (Speculators)非商业性交易商（投机者）
5 ?% D% X( c: e" y. e　　Is a market participant who tries to profit from the buying and selling of futures contracts by anticipating future price movements.
% r& z5 l1 J# J6 i　　Non commercial data is a reliable source of information as it captures trader's positions in a specific market.
# w1 X+ M+ z# \; {$ h- e# f　　Extreme positioning in the currency futures market has historically been accurate in identifying important market reversals.
　　Many FX traders rely on the currency futures data to determine future price direction