{"id":41310,"date":"2021-05-10T12:30:55","date_gmt":"2021-05-10T03:30:55","guid":{"rendered":"https:\/\/nextmoney.jp\/?p=41310"},"modified":"2021-05-10T12:30:55","modified_gmt":"2021-05-10T03:30:55","slug":"%e3%82%b4%e3%83%bc%e3%83%ab%e3%83%89%e3%83%9e%e3%83%b3%e3%82%b5%e3%83%83%e3%82%af%e3%82%b9%e3%80%81%e6%ad%a3%e5%bc%8f%e3%81%ab%e4%bb%ae%e6%83%b3%e9%80%9a%e8%b2%a8%e5%8f%96%e5%bc%95%e3%83%81%e3%83%bc","status":"publish","type":"post","link":"https:\/\/nextmoney.jp\/?p=41310","title":{"rendered":"\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30b5\u30c3\u30af\u30b9\u3001\u6b63\u5f0f\u306b\u4eee\u60f3\u901a\u8ca8\u53d6\u5f15\u30c1\u30fc\u30e0\u3092\u8a2d\u7acb"},"content":{"rendered":"<h2>\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30b5\u30c3\u30af\u30b9\u304c\u4eee\u60f3\u901a\u8ca8\u53d6\u5f15\u30c1\u30fc\u30e0\u3092\u8a2d\u7acb<\/h2>\n<p>\u5927\u624b\u6295\u8cc7\u9280\u884c\u306e<a href=\"https:\/\/www.goldmansachs.com\/\" rel=\"noopener noreferrer\" target=\"_blank\">\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30b5\u30c3\u30af\u30b9<\/a>\uff08Goldman Sachs\uff09\u306f\u3001\u6b63\u5f0f\u306b\u4eee\u60f3\u901a\u8ca8\u53d6\u5f15\u30c1\u30fc\u30e0\u3092\u7d50\u6210\u3057\u305f\u3053\u3068\u304c\u660e\u3089\u304b\u306b\u306a\u3063\u305f\u3002<\/p>\n<p>\u7c73\u56fd\u306e\u5927\u624b\u30e1\u30c7\u30a3\u30a2<a href=\"https:\/\/www.cnbc.com\/world\/?region=world\" rel=\"noopener noreferrer\" target=\"_blank\">CNBC<\/a>\u304c\u660e\u304b\u3057\u305f\u9280\u884c\u306e\u5185\u90e8\u30e1\u30e2\u306b\u3088\u308b\u3068\u3001\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30b5\u30c3\u30af\u30b9\u306f\u6b63\u5f0f\u306b\u4eee\u60f3\u901a\u8ca8\u53d6\u5f15\u30c1\u30fc\u30e0\u3092\u8a2d\u7acb\u3057\u3066\u304a\u308a\u3001\u30b4\u30fc\u30eb\u540c\u793e\u304c\u4eee\u60f3\u901a\u8ca8\u53d6\u5f15\u3078\u306e\u95a2\u4e0e\u3092\u516c\u5f0f\u306b\u8a8d\u3081\u305f\u306e\u306f\u3053\u308c\u304c\u521d\u3081\u3066\u3068\u306e\u3053\u3068\u3002\u6700\u8fd1\u3001\u540c\u793e\u306f\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u3067\u306e\u5b58\u5728\u611f\u3092\u62e1\u5927\u3059\u308b\u305f\u3081\u306b\u53d6\u308a\u7d44\u3093\u3067\u304a\u308a\u3001\u73fe\u5728\u3001\u4eee\u60f3\u901a\u8ca8\u95a2\u9023\u30b5\u30fc\u30d3\u30b9\u306e\u62e1\u5927\u3092\u652f\u63f4\u3059\u308b\u305f\u3081\u306b\u65b0\u3057\u3044\u6d41\u52d5\u6027\u30d7\u30ed\u30d0\u30a4\u30c0\u30fc\u3092\u9078\u629e\u7684\u306b\u30aa\u30f3\u30dc\u30fc\u30c7\u30a3\u30f3\u30b0\u3057\u3066\u3044\u308b\u3002<\/p>\n<p>\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30b5\u30c3\u30af\u30b9\u306e\u30d1\u30fc\u30c8\u30ca\u30fc\u3067\u3042\u308b\u30e9\u30b8\u30a7\u30c3\u30b7\u30e5\u30fb\u30d9\u30f3\u30ab\u30bf\u30e9\u30de\u30cb\uff08Rajesh Venkataramani\uff09\u6c0f\u306f\u30e1\u30e2\u306e\u4e2d\u3067\u6b21\u306e\u3088\u3046\u306b\u8a9e\u3063\u3066\u3044\u308b\u3002<\/p>\n<blockquote><p><strong><em>\u79c1\u306f\u3001\u30af\u30e9\u30a4\u30a2\u30f3\u30c8\u306e\u4eee\u60f3\u901a\u8ca8\u30ea\u30b9\u30af\u3092\u7ba1\u7406\u3059\u308b\u305f\u3081\u306e\u96c6\u4e2d\u30c7\u30b9\u30af\u3068\u306a\u308b\u3001\u4f1a\u793e\u306e\u4eee\u60f3\u901a\u8ca8\u53d6\u5f15\u30c1\u30fc\u30e0\u306e\u7d50\u6210\u3092\u767a\u8868\u3067\u304d\u308b\u3053\u3068\u3092\u5b09\u3057\u304f\u601d\u3044\u307e\u3059\u3002\u307e\u305f\u3001\u4eee\u60f3\u901a\u8ca8\u53d6\u5f15\u30c1\u30fc\u30e0\u306f\u3001Mathew McDermott\u304c\u7387\u3044\u308b\u4f1a\u793e\u306e\u30c7\u30b8\u30bf\u30eb\u8cc7\u7523\u306e\u53d6\u308a\u7d44\u307f\u306e\u4e2d\u3067\u3001\u79c1\u306b\u5831\u544a\u3059\u308b\u30b0\u30ed\u30fc\u30d0\u30eb\u901a\u8ca8\u304a\u3088\u3073\u65b0\u8208\u5e02\u5834\uff08GCEM\uff09\u306e\u4e00\u90e8\u306b\u306a\u308a\u307e\u3059\u3002<\/em><\/strong><\/p><\/blockquote>\n<p><\/br><\/p>\n<h3>NDF\u53d6\u5f15\u3092\u660e\u8a00<\/h3>\n<p>\u540c\u6c0f\u306f\u3055\u3089\u306b\u3001\u300c\u4f1a\u793e\u306f\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3084\u4eee\u60f3\u901a\u8ca8\uff08\u30a4\u30fc\u30b5\u30ea\u30a2\u30e0\u3092\u542b\u3080\uff09\u3092\u7269\u7406\u7684\u306b\u53d6\u5f15\u3059\u308b\u7acb\u5834\u306b\u306a\u3044\u3002\u300d\u3068\u3001\u5148\u7269\u304a\u3088\u3073NDF\uff08non-deliverable forwards\/\u203b1\uff09\u3067\u306e\u53d6\u5f15\u3092\u660e\u8a00\u3057\u3066\u3044\u308b\u3053\u3068\u3082\u660e\u3089\u304b\u306b\u306a\u3063\u3066\u3044\u308b\u3002<br \/>\n<div class=\"c_box blue_box\"><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\">\uff08\u203b1\uff09NDF\uff08non-deliverable forwards\uff09\u3068\u306f\u3001\u5148\u6e21\u53d6\u5f15\u307e\u305f\u306f\u5148\u7269\u53d6\u5f15\u306e\u3046\u3061\u3001\u5b9f\u7269\u3084\u5b9f\u969b\u306e\u5916\u8ca8\u306e\u53d7\u6e21\u3057\u3092\u884c\u3046\u306e\u3067\u306f\u306a\u304f\u3001\u4e21\u5f53\u4e8b\u8005\u304c\u53d6\u5f15\u6642\u306b\u6c7a\u5b9a\u3057\u305fNDF\u4fa1\u683c\u3068\u6c7a\u6e08\u671f\u65e5\u306b\u304a\u3051\u308b\u5b9f\u52e2\u76f4\u7269\u4fa1\u683c\u306e\u5dee\u984d\u3092\u60f3\u5b9a\u5143\u672c\u306b\u4e57\u3058\u305f\u984d\u3092\u7c73\u30c9\u30eb\u306a\u3069\u3067\u5dee\u91d1\u6c7a\u6e08\u3059\u308b\u3082\u306e\u3092\u6307\u3059\u3002<\/span><\/span><\/div>\n<p>\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30b5\u30c3\u30af\u30b9\u306f\u3001\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u306e\u6069\u6075\u3092\u53d7\u3051\u308b\u305f\u3081\u306b\u7a4d\u6975\u7684\u306b\u6d3b\u52d5\u3092\u5b9f\u65bd\u3057\u3066\u304a\u308a\u3001\u540c\u793e\u306f\u6700\u8fd1\u767a\u8868\u3055\u308c\u305f\u30a4\u30fc\u30b5\u30ea\u30a2\u30e0\u3067\u306e1\u51042000\u4e07\u30c9\u30eb\uff08\u7d04130\u5104\u5186\uff09\u306e\u30c7\u30b8\u30bf\u30eb\u50b5\u5238\u8ca9\u58f2\u306b\u53c2\u52a0\u3057\u3001\u9031\u306e\u521d\u3081\u306b\u4eee\u60f3\u901a\u8ca8\u30a4\u30f3\u30c6\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u30b9\u30bf\u30fc\u30c8\u30a2\u30c3\u30d7<a href=\"https:\/\/coinmetrics.io\/\" rel=\"noopener noreferrer\" target=\"_blank\">CoinMetrics<\/a>\u306e1500\u4e07\u30c9\u30eb\uff08\u7d0416\u51043,000\u4e07\u5186\uff09\u306e\u8cc7\u91d1\u8abf\u9054\u306b\u53c2\u52a0\u3057\u3066\u3044\u308b\u3002\u307e\u305f\u3001\u6d77\u5916\u4eee\u60f3\u901a\u8ca8\u30e1\u30c7\u30a3\u30a2\u304c5\u67086\u65e5\uff08\u6728\u66dc\u65e5\uff09\u3001\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30b5\u30c3\u30af\u30b9\u304c<a href=\"https:\/\/cumberland.io\/\" rel=\"noopener noreferrer\" target=\"_blank\">Cumberland DRW<\/a>\u3068\u53d6\u5f15\u30d1\u30fc\u30c8\u30ca\u30fc\u3092\u7d50\u3073\u3001<a href=\"https:\/\/www.cmegroup.com\/\" rel=\"noopener noreferrer\" target=\"_blank\">CME Group<\/a>\u3067\u53d6\u5f15\u3059\u308b\u3053\u3068\u306b\u3088\u308a\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u3092\u30d8\u30c3\u30b8\u3057\u3066\u3044\u308b\u3068\u5831\u3058\u3066\u3044\u308b\u3002<\/p>\n<p>\u6700\u8fd1\u3001<a href=\"http:\/\/nextmoney.jp\/\">NEXTMONEY<\/a>\u306e\u7279\u96c6\u8a18\u4e8b\u300c<a href=\"https:\/\/nextmoney.jp\/?p=39124\">\u30e2\u30eb\u30ac\u30f3\u30b9\u30bf\u30f3\u30ec\u30fc\u30e6\u30cb\u30c3\u30c8\u304c\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u6295\u8cc7\u3092\u691c\u8a0e\uff1a\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0<\/a>\u300d\u3067\u5831\u3058\u3066\u3044\u308b\u3088\u3046\u306b\u3001\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30b5\u30c3\u30af\u30b9\u306a\u3069\u306e\u5927\u624b\u91d1\u878d\u4f01\u696d\u304c\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u63d0\u4f9b\u3092\u958b\u59cb\u3057\u3066\u304a\u308a\u3001\u30e2\u30eb\u30ac\u30f3\u30b9\u30bf\u30f3\u30ec\u30fc\u306f\u3059\u3067\u306b\u88d5\u798f\u306a\u9867\u5ba2\u306b\u3044\u304f\u3064\u304b\u306e\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u6295\u8cc7\u3092\u63d0\u4f9b\u3057\u3066\u3044\u308b\u3002\u305d\u306e\u307b\u304b\u306b\u3082\u3001\u30b7\u30c6\u30a3\u30b0\u30eb\u30fc\u30d7\u306f\u3044\u304f\u3064\u304b\u306e\u4eee\u60f3\u901a\u8ca8\u30b5\u30fc\u30d3\u30b9\u306e\u63d0\u4f9b\u3092\u691c\u8a0e\u3057\u3066\u3044\u308b\u3068\u4f1d\u3048\u3089\u308c\u3066\u304a\u308a\u3001\u65e2\u5b58\u306e\u9280\u884c\u53e3\u5ea7\u3092\u4f7f\u7528\u3057\u3066\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3092\u8cfc\u5165\u3001\u8ca9\u58f2\u3001\u304a\u3088\u3073\u4fdd\u6301\u3059\u308b\u6a5f\u80fd\u3092\u30af\u30e9\u30a4\u30a2\u30f3\u30c8\u306b\u63d0\u4f9b\u3059\u308b\u305f\u3081\u306e\u6e96\u5099\u304c\u884c\u308f\u308c\u3066\u3044\u308b\u3068\u306e\u3053\u3068\u3002<\/p>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30b5\u30c3\u30af\u30b9\u304c\u4eee\u60f3\u901a\u8ca8\u53d6\u5f15\u30c1\u30fc\u30e0\u3092\u8a2d\u7acb \u5927\u624b\u6295\u8cc7\u9280\u884c\u306e\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30b5\u30c3\u30af\u30b9\uff08Goldman Sachs\uff09\u306f\u3001\u6b63\u5f0f\u306b\u4eee\u60f3\u901a\u8ca8\u53d6\u5f15\u30c1\u30fc\u30e0\u3092\u7d50\u6210\u3057\u305f\u3053\u3068\u304c\u660e\u3089\u304b\u306b\u306a\u3063\u305f\u3002 \u7c73\u56fd\u306e\u5927\u624b\u30e1\u30c7\u30a3\u30a2CNBC\u304c\u660e\u304b\u3057\u305f\u9280\u884c\u306e\u5185\u90e8&#8230;<\/p>\n","protected":false},"author":28,"featured_media":39889,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[2045,1167,181],"class_list":{"0":"post-41310","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-60","8":"tag-ndf","9":"tag-1167","10":"tag-181"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/posts\/41310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41310"}],"version-history":[{"count":4,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/posts\/41310\/revisions"}],"predecessor-version":[{"id":41319,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/posts\/41310\/revisions\/41319"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/media\/39889"}],"wp:attachment":[{"href":"https:\/\/nextmoney.jp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}