银行业务：Trader交易商

会计考友

　　Commercial Trader商业性交易商
; T$ _7 g" T% B' y8 _　　Uses the futures market for "hedging purposes since they are involved in the production, processing or merchandising of a commodity.
& @& [# K1 ^: W! W: B) A　　Commercial traders are well capitalized & usually provide the "fuel" for market advances/declines.
( f! Q% c( Y5 y. ^4 E　　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）
- ?3 Y0 x% z! }$ t$ b# g( [" {" }2 J　　Is a market participant who tries to profit from the buying and selling of futures contracts by anticipating future price movements.
3 K; y2 h, k! T6 g　　Non commercial data is a reliable source of information as it captures trader's positions in a specific market.
; w; t( k$ j9 X4 T# z　　Extreme positioning in the currency futures market has historically been accurate in identifying important market reversals.
( z" }8 \. a2 F( Z$ r　　Many FX traders rely on the currency futures data to determine future price direction