{"id":1843,"date":"2024-12-02T03:16:18","date_gmt":"2024-12-02T03:16:18","guid":{"rendered":"https:\/\/economy.theblock101.com\/?p=1843"},"modified":"2024-12-02T03:16:19","modified_gmt":"2024-12-02T03:16:19","slug":"so-sanh-hop-dong-ky-han-va-hop-dong-tuong-lai","status":"publish","type":"post","link":"https:\/\/economy.theblock101.com\/?p=1843","title":{"rendered":"So s\u00e1nh h\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n v\u00e0 h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai"},"content":{"rendered":"\n<p>H\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n v\u00e0 h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai l\u00e0 hai c\u00f4ng c\u1ee5 t\u00e0i ch\u00ednh ph\u1ed5 bi\u1ebfn trong th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh v\u00e0 h\u00e0ng h\u00f3a, \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 b\u1ea3o hi\u1ec3m r\u1ee7i ro ho\u1eb7c \u0111\u1ea7u c\u01a1 gi\u00e1 c\u1ea3. D\u00f9 c\u00f3 nhi\u1ec1u \u0111i\u1ec3m t\u01b0\u01a1ng \u0111\u1ed3ng, nh\u01b0ng ch\u00fang c\u0169ng c\u00f3 nh\u1eefng kh\u00e1c bi\u1ec7t c\u01a1 b\u1ea3n v\u1ec1 c\u00e1ch ho\u1ea1t \u0111\u1ed9ng v\u00e0 m\u1ee5c \u0111\u00edch s\u1eed d\u1ee5ng. D\u01b0\u1edbi \u0111\u00e2y l\u00e0 s\u1ef1 so s\u00e1nh gi\u1eefa h\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n v\u00e0 h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">1. Kh\u00e1i ni\u1ec7m<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"787\" height=\"528\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/10\/bigcoin-44.png\" alt=\"\" class=\"wp-image-1844\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/10\/bigcoin-44.png 787w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/10\/bigcoin-44-300x200.png 300w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/10\/bigcoin-44-768x515.png 768w\" sizes=\"auto, (max-width: 787px) 100vw, 787px\" \/><figcaption class=\"wp-element-caption\"><em>So s\u00e1nh h\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n v\u00e0 h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai<\/em><\/figcaption><\/figure><\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>H\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n (Forward contract)<\/strong>: L\u00e0 m\u1ed9t th\u1ecfa thu\u1eadn gi\u1eefa hai b\u00ean \u0111\u1ec3 mua v\u00e0 b\u00e1n m\u1ed9t t\u00e0i s\u1ea3n c\u01a1 b\u1ea3n t\u1ea1i m\u1ed9t th\u1eddi \u0111i\u1ec3m trong t\u01b0\u01a1ng lai v\u1edbi gi\u00e1 \u0111\u01b0\u1ee3c th\u1ecfa thu\u1eadn tr\u01b0\u1edbc v\u00e0o th\u1eddi \u0111i\u1ec3m k\u00fd k\u1ebft h\u1ee3p \u0111\u1ed3ng. H\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n th\u01b0\u1eddng \u0111\u01b0\u1ee3c giao d\u1ecbch tr\u00ean th\u1ecb tr\u01b0\u1eddng phi t\u1eadp trung (OTC), gi\u1eefa c\u00e1c b\u00ean t\u1ef1 th\u1ecfa thu\u1eadn \u0111i\u1ec1u kho\u1ea3n.<\/li>\n\n\n\n<li><strong>H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai (<a href=\"https:\/\/theblock101.com\/futures-contract-la-gi\" title=\"\">Futures contract<\/a>)<\/strong>: L\u00e0 h\u1ee3p \u0111\u1ed3ng ti\u00eau chu\u1ea9n h\u00f3a \u0111\u01b0\u1ee3c giao d\u1ecbch tr\u00ean s\u00e0n giao d\u1ecbch. H\u1ee3p \u0111\u1ed3ng n\u00e0y c\u0169ng cam k\u1ebft vi\u1ec7c mua ho\u1eb7c b\u00e1n m\u1ed9t t\u00e0i s\u1ea3n t\u1ea1i m\u1ed9t th\u1eddi \u0111i\u1ec3m trong t\u01b0\u01a1ng lai v\u1edbi gi\u00e1 th\u1ecfa thu\u1eadn tr\u01b0\u1edbc, nh\u01b0ng n\u00f3 \u0111\u01b0\u1ee3c qu\u1ea3n l\u00fd v\u00e0 b\u1ea3o \u0111\u1ea3m b\u1edfi s\u00e0n giao d\u1ecbch.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">2. \u0110\u1eb7c \u0111i\u1ec3m<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/10\/image-129-1024x536.png\" alt=\"\" class=\"wp-image-1846\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/10\/image-129-1024x536.png 1024w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/10\/image-129-300x157.png 300w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/10\/image-129-768x402.png 768w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/10\/image-129.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>H\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n<\/em><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\">2.1. Giao d\u1ecbch v\u00e0 th\u1ecb tr\u01b0\u1eddng<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>H\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n<\/strong>: Giao d\u1ecbch phi t\u1eadp trung (OTC), kh\u00f4ng qua s\u00e0n giao d\u1ecbch. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 c\u00e1c \u0111i\u1ec1u kho\u1ea3n c\u1ee7a h\u1ee3p \u0111\u1ed3ng (gi\u00e1, th\u1eddi h\u1ea1n, s\u1ed1 l\u01b0\u1ee3ng, ch\u1ea5t l\u01b0\u1ee3ng) c\u00f3 th\u1ec3 linh ho\u1ea1t theo th\u1ecfa thu\u1eadn c\u1ee7a c\u00e1c b\u00ean tham gia.<\/li>\n\n\n\n<li><strong>H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai<\/strong>: Giao d\u1ecbch qua s\u00e0n giao d\u1ecbch ti\u00eau chu\u1ea9n nh\u01b0 CME hay NYSE. T\u1ea5t c\u1ea3 c\u00e1c \u0111i\u1ec1u kho\u1ea3n c\u1ee7a h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai \u0111\u1ec1u \u0111\u01b0\u1ee3c chu\u1ea9n h\u00f3a b\u1edfi s\u00e0n giao d\u1ecbch, nh\u01b0 kh\u1ed1i l\u01b0\u1ee3ng, th\u1eddi gian \u0111\u00e1o h\u1ea1n, v\u00e0 ch\u1ea5t l\u01b0\u1ee3ng h\u00e0ng h\u00f3a.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">b. Thanh to\u00e1n v\u00e0 \u0111\u00e1o h\u1ea1n<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>H\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n<\/strong>: Thanh to\u00e1n th\u01b0\u1eddng di\u1ec5n ra v\u00e0o th\u1eddi \u0111i\u1ec3m \u0111\u00e1o h\u1ea1n c\u1ee7a h\u1ee3p \u0111\u1ed3ng. Vi\u1ec7c thanh to\u00e1n c\u00f3 th\u1ec3 b\u1eb1ng t\u00e0i s\u1ea3n th\u1eadt ho\u1eb7c ti\u1ec1n m\u1eb7t.<\/li>\n\n\n\n<li><strong>H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai<\/strong>: C\u00e1c h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai y\u00eau c\u1ea7u thanh to\u00e1n h\u00e0ng ng\u00e0y theo nguy\u00ean t\u1eafc &#8220;mark-to-market&#8221;, ngh\u0129a l\u00e0 t\u00e0i kho\u1ea3n c\u1ee7a ng\u01b0\u1eddi n\u1eafm gi\u1eef h\u1ee3p \u0111\u1ed3ng s\u1ebd \u0111\u01b0\u1ee3c \u0111i\u1ec1u ch\u1ec9nh h\u00e0ng ng\u00e0y d\u1ef1a tr\u00ean bi\u1ebfn \u0111\u1ed9ng gi\u00e1 c\u1ea3. Vi\u1ec7c thanh to\u00e1n cu\u1ed1i c\u00f9ng di\u1ec5n ra v\u00e0o ng\u00e0y \u0111\u00e1o h\u1ea1n, v\u00e0 c\u00f3 th\u1ec3 b\u1eb1ng t\u00e0i s\u1ea3n ho\u1eb7c ti\u1ec1n m\u1eb7t.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">c. \u0110\u00f2n b\u1ea9y v\u00e0 r\u1ee7i ro<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>H\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n<\/strong>: Kh\u00f4ng y\u00eau c\u1ea7u k\u00fd qu\u1ef9, tuy nhi\u00ean \u0111i\u1ec1u n\u00e0y khi\u1ebfn c\u00e1c b\u00ean ph\u1ea3i ch\u1ecbu r\u1ee7i ro \u0111\u1ed1i t\u00e1c (nguy c\u01a1 b\u00ean kia kh\u00f4ng th\u1ef1c hi\u1ec7n ngh\u0129a v\u1ee5 v\u00e0o ng\u00e0y \u0111\u00e1o h\u1ea1n).<\/li>\n\n\n\n<li><strong>H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai<\/strong>: Y\u00eau c\u1ea7u k\u00fd qu\u1ef9 \u0111\u1ec3 b\u1ea3o \u0111\u1ea3m th\u1ef1c hi\u1ec7n ngh\u0129a v\u1ee5. Vi\u1ec7c n\u00e0y gi\u00fap gi\u1ea3m r\u1ee7i ro \u0111\u1ed1i t\u00e1c, v\u00ec s\u00e0n giao d\u1ecbch s\u1ebd \u0111\u00f3ng vai tr\u00f2 b\u1ea3o l\u00e3nh cho c\u00e1c b\u00ean tham gia.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">3. \u01afu \u0111i\u1ec3m v\u00e0 nh\u01b0\u1ee3c \u0111i\u1ec3m<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"506\" src=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/10\/image-130-edited.png\" alt=\"H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai\n\" class=\"wp-image-1849\" srcset=\"https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/10\/image-130-edited.png 900w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/10\/image-130-edited-300x169.png 300w, https:\/\/economy.theblock101.com\/wp-content\/uploads\/2024\/10\/image-130-edited-768x432.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption class=\"wp-element-caption\"><em>\u01afu \u0111i\u1ec3m v\u00e0 nh\u01b0\u1ee3c \u0111i\u1ec3m c\u1ee7a H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai<\/em><\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Lo\u1ea1i h\u1ee3p \u0111\u1ed3ng<\/strong><\/td><td><strong>\u01afu \u0111i\u1ec3m<\/strong><\/td><td><strong>Nh\u01b0\u1ee3c \u0111i\u1ec3m<\/strong><\/td><\/tr><tr><td rowspan=\"2\"><strong>H\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n<\/strong><\/td><td>&#8211; Linh ho\u1ea1t trong vi\u1ec7c t\u00f9y ch\u1ec9nh \u0111i\u1ec1u kho\u1ea3n.<\/td><td>&#8211; R\u1ee7i ro \u0111\u1ed1i t\u00e1c cao.<\/td><\/tr><tr><td>&#8211; Ph\u00f9 h\u1ee3p v\u1edbi c\u00e1c giao d\u1ecbch c\u00f3 t\u00ednh ch\u1ea5t \u0111\u1eb7c th\u00f9, kh\u00f4ng ti\u00eau chu\u1ea9n.<\/td><td>&#8211; Kh\u00f4ng c\u00f3 thanh kho\u1ea3n t\u1ed1t do kh\u00f4ng giao d\u1ecbch c\u00f4ng khai.<\/td><\/tr><tr><td rowspan=\"2\"><strong>H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai<\/strong><\/td><td>&#8211; Ti\u00eau chu\u1ea9n h\u00f3a gi\u00fap thanh kho\u1ea3n cao h\u01a1n.<\/td><td>&#8211; Thi\u1ebfu s\u1ef1 linh ho\u1ea1t v\u1ec1 \u0111i\u1ec1u kho\u1ea3n h\u1ee3p \u0111\u1ed3ng.<\/td><\/tr><tr><td>&#8211; Gi\u1ea3m thi\u1ec3u r\u1ee7i ro \u0111\u1ed1i t\u00e1c nh\u1edd s\u1ef1 tham gia c\u1ee7a s\u00e0n giao d\u1ecbch.<\/td><td>&#8211; Y\u00eau c\u1ea7u k\u00fd qu\u1ef9 v\u00e0 thanh to\u00e1n h\u00e0ng ng\u00e0y c\u00f3 th\u1ec3 g\u00e2y \u00e1p l\u1ef1c t\u00e0i ch\u00ednh.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">4. \u1ee8ng d\u1ee5ng trong th\u1ef1c t\u1ebf<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">4.1 <strong>H\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n (Forward Contracts)<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>B\u1ea3o hi\u1ec3m r\u1ee7i ro gi\u00e1:<\/strong> C\u00e1c doanh nghi\u1ec7p s\u1ea3n xu\u1ea5t ho\u1eb7c kinh doanh h\u00e0ng h\u00f3a th\u01b0\u1eddng s\u1eed d\u1ee5ng h\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n \u0111\u1ec3 b\u1ea3o v\u1ec7 gi\u00e1 c\u1ea3 h\u00e0ng h\u00f3a m\u00e0 h\u1ecd mua ho\u1eb7c b\u00e1n. V\u00ed d\u1ee5, m\u1ed9t n\u00f4ng d\u00e2n c\u00f3 th\u1ec3 k\u00fd h\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n \u0111\u1ec3 b\u00e1n s\u1ea3n ph\u1ea9m c\u1ee7a m\u00ecnh v\u1edbi gi\u00e1 \u0111\u00e3 th\u1ecfa thu\u1eadn tr\u01b0\u1edbc, gi\u00fap b\u1ea3o v\u1ec7 kh\u1ecfi s\u1ef1 bi\u1ebfn \u0111\u1ed9ng gi\u00e1 trong t\u01b0\u01a1ng lai.<\/li>\n\n\n\n<li><strong>\u0110\u1ecbnh gi\u00e1 trong giao d\u1ecbch ngo\u1ea1i h\u1ed1i:<\/strong> C\u00e1c c\u00f4ng ty qu\u1ed1c t\u1ebf th\u01b0\u1eddng s\u1eed d\u1ee5ng h\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n \u0111\u1ec3 c\u1ed1 \u0111\u1ecbnh t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i cho c\u00e1c giao d\u1ecbch trong t\u01b0\u01a1ng lai, gi\u1ea3m thi\u1ec3u r\u1ee7i ro do bi\u1ebfn \u0111\u1ed9ng t\u1ef7 gi\u00e1.<\/li>\n\n\n\n<li><strong>Giao d\u1ecbch h\u00e0ng h\u00f3a:<\/strong> C\u00e1c c\u00f4ng ty th\u01b0\u01a1ng m\u1ea1i c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng h\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o gi\u00e1 mua b\u00e1n cho c\u00e1c lo\u1ea1i h\u00e0ng h\u00f3a nh\u01b0 d\u1ea7u m\u1ecf, kim lo\u1ea1i, ng\u0169 c\u1ed1c, v.v<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">4.2 <strong>H\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai (Futures Contracts)<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u0110\u1ea7u t\u01b0 v\u00e0 \u0111\u1ea7u c\u01a1:<\/strong> C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 c\u00e1c qu\u1ef9 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai \u0111\u1ec3 \u0111\u1ea7u c\u01a1 gi\u00e1, ki\u1ebfm l\u1ee3i t\u1eeb bi\u1ebfn \u0111\u1ed9ng gi\u00e1 c\u1ee7a c\u00e1c t\u00e0i s\u1ea3n c\u01a1 s\u1edf nh\u01b0 ch\u1ec9 s\u1ed1 ch\u1ee9ng kho\u00e1n, h\u00e0ng h\u00f3a ho\u1eb7c ngo\u1ea1i t\u1ec7.<\/li>\n\n\n\n<li><strong>B\u1ea3o hi\u1ec3m r\u1ee7i ro cho c\u00e1c nh\u00e0 s\u1ea3n xu\u1ea5t:<\/strong> C\u00e1c nh\u00e0 s\u1ea3n xu\u1ea5t, nh\u01b0 n\u00f4ng d\u00e2n hay c\u00f4ng ty khai th\u00e1c kho\u00e1ng s\u1ea3n, s\u1eed d\u1ee5ng h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai \u0111\u1ec3 b\u1ea3o v\u1ec7 gi\u00e1 s\u1ea3n ph\u1ea9m c\u1ee7a h\u1ecd tr\u01b0\u1edbc khi s\u1ea3n xu\u1ea5t, gi\u00fap \u0111\u1ea3m b\u1ea3o l\u1ee3i nhu\u1eadn.<\/li>\n\n\n\n<li><strong>Qu\u1ea3n l\u00fd danh m\u1ee5c \u0111\u1ea7u t\u01b0:<\/strong> C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai \u0111\u1ec3 \u0111i\u1ec1u ch\u1ec9nh r\u1ee7i ro trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a h\u1ecd, b\u1eb1ng c\u00e1ch thi\u1ebft l\u1eadp c\u00e1c v\u1ecb th\u1ebf ng\u01b0\u1ee3c chi\u1ec1u v\u1edbi c\u00e1c t\u00e0i s\u1ea3n m\u00e0 h\u1ecd \u0111ang n\u1eafm gi\u1eef.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">5. K\u1ebft lu\u1eadn<\/h2>\n\n\n\n<p>C\u1ea3 h\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n v\u00e0 h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai \u0111\u1ec1u l\u00e0 nh\u1eefng c\u00f4ng c\u1ee5 h\u1eefu \u00edch \u0111\u1ec3 b\u1ea3o hi\u1ec3m r\u1ee7i ro ho\u1eb7c ki\u1ebfm l\u1eddi t\u1eeb s\u1ef1 bi\u1ebfn \u0111\u1ed9ng gi\u00e1 c\u1ea3. Tuy nhi\u00ean, vi\u1ec7c l\u1ef1a ch\u1ecdn gi\u1eefa hai lo\u1ea1i h\u1ee3p \u0111\u1ed3ng n\u00e0y ph\u1ee5 thu\u1ed9c v\u00e0o m\u1ee5c ti\u00eau, nhu c\u1ea7u v\u00e0 m\u1ee9c \u0111\u1ed9 ch\u1ea5p nh\u1eadn r\u1ee7i ro c\u1ee7a ng\u01b0\u1eddi tham gia. Trong khi h\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n mang l\u1ea1i s\u1ef1 linh ho\u1ea1t v\u00e0 ri\u00eang t\u01b0, h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai l\u1ea1i cung c\u1ea5p s\u1ef1 an to\u00e0n v\u00e0 thanh kho\u1ea3n cao h\u01a1n.<\/p>\n\n\n\n<p><strong>\u0110\u1ecdc th\u00eam:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/theblock101.com\/rui-ro-suy-thoai-tai-chinh\">R\u1ee7i ro suy tho\u00e1i t\u00e0i ch\u00ednh, nh\u00e0 \u0111\u1ea7u t\u01b0 Crypto c\u1ea7n chu\u1ea9n b\u1ecb nh\u1eefng g\u00ec?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/theblock101.com\/vong-quay-tong-tai-san\">V\u00f2ng quay t\u1ed5ng t\u00e0i s\u1ea3n l\u00e0 g\u00ec? C\u00e1ch t\u00ednh v\u00e0 \u00fd ngh\u0129a trong qu\u1ea3n l\u00fd t\u00e0i ch\u00ednh doanh nghi\u1ec7p<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/theblock101.com\/high-frequency-trading\">High Frequency Trading l\u00e0 g\u00ec? H\u01b0\u1edbng d\u1eabn chi ti\u1ebft v\u00e0 \u1ee9ng d\u1ee5ng trong th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>H\u1ee3p \u0111\u1ed3ng k\u1ef3 h\u1ea1n v\u00e0 h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai l\u00e0 hai c\u00f4ng c\u1ee5 t\u00e0i ch\u00ednh ph\u1ed5 bi\u1ebfn trong th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh v\u00e0 h\u00e0ng h\u00f3a, \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 b\u1ea3o hi\u1ec3m r\u1ee7i ro ho\u1eb7c \u0111\u1ea7u c\u01a1 gi\u00e1 c\u1ea3. D\u00f9 c\u00f3 nhi\u1ec1u \u0111i\u1ec3m t\u01b0\u01a1ng \u0111\u1ed3ng, nh\u01b0ng ch\u00fang c\u0169ng c\u00f3 nh\u1eefng kh\u00e1c bi\u1ec7t c\u01a1 b\u1ea3n v\u1ec1 c\u00e1ch&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1843","post","type-post","status-publish","format-standard","hentry","category-tai-chinh"],"aioseo_notices":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/posts\/1843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1843"}],"version-history":[{"count":4,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/posts\/1843\/revisions"}],"predecessor-version":[{"id":2209,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=\/wp\/v2\/posts\/1843\/revisions\/2209"}],"wp:attachment":[{"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economy.theblock101.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}