By using basic building blocks of derivatives theory:delta hedging and no arbitrage,this paper studies the price of Asian options with constant average duration which is differ from plain vanilla ones and the underlying assets(temperature)are assumed to be driven by fractional Ornstein-Uhlenbeck process which is reasonable for weather derivatives.

Internal Control,Hedging and Economic Capital Allocation:An Integrated Framework for Modern Systems of Financial Institutions Risk Management;

A Study on Hedging Strategies of Securitization Derivatives of Life Insurance Company;

A Study on Introduction of Hedge Fund into China: Feasibility and Strategies;

The method can be used to transfer market risks and expose the stock package of the hedger and partial profit related to market to the market risk.

With the cancellation of the limitations on capital flows between countries and the loosening of supervision on countries capital markets, the global industry of hedge fund is developing quickly.

In short-run,the People s Bank of China still needs sterilization to maintain a stable macroeconomic environment.

The results indicate that they agree well with each other,and that the model has a good biofidelity,and the pressure distribution of the brain shows a typical pattern of coup-contrecoup injury.

It was helpful to better understand the distribution characters of the dynamic stress of the brain tissue in the brain decelerating impact in a certain extent,and it could also provide some methods and experimental foundation to clarify the mechanical mechanism of the brain "contrecoup injury" which was often taken place in traffic accidental injury.