This is no futures scam , it 's a bureaucratic anomaly .

这不是期货骗局，这只是官僚主义的一个特例。

The losses reportedly stemmed from one-way bets on the direction of the market , using unhedged index futures .

据报道，其亏损源于他使用未经对冲的指数期货，一边倒地对市场走势下注；。

So those who are now betting the ranch in commodity futures markets are likely to lose their shirts .

那些目前在大宗商品期货市场下注的人可能会把裤子都输掉。

Many of these funds only focus on longer dated futures contracts .

这些基金很多只关注期限较长的期货合约。

Oil futures have slid 16 % since cresting at $ 114 a barrel in may .

原油期货一度在五月份爬升到114美元的高位，但自那时起至今已下跌了16%。