But financial innovations can also be driven merely by the goal of creating short - term speculative profits , tax avoidance , or the desire to alter the appearance of balance sheets or avoid regulatory controls the first swaps were , after all , created to avoid uk exchange controls 不過,金融創(chuàng)新的目的,也有可能是純粹為了在短期內(nèi)透過投機圖利逃稅企圖改變資產(chǎn)負(fù)債表狀況,又或者避免監(jiān)管規(guī)定的限制第一批掉期交易的產(chǎn)生,其實不過是為了逃避英國的外匯管制。
In the past time , many enterprises hedged mainly for the sake of spot transaction risk prevention , when they failed in hedge , they turned to attribute the reason of failure to miscellaneous causes instead of taking some compensation measures , let alone striving for the speculative profit by taking advantage of the future market 在以往的經(jīng)歷中,企業(yè)進(jìn)行套期保值的主要目的是為了防范現(xiàn)貨風(fēng)險,即使套保失敗,總找借口,將不利的結(jié)果歸入其它原因,并未考慮其補救措施,更談不上利用期貨市場爭取投機利潤。