Those are typical binding posts. Each speaker's wire consists of two conductors - one for the red post and one for the black post for each channel. You need to make sure that the wire that connects to the red post on the receiver connects to the red post/clamp on the speaker and the same goes for the black post. If the speaker wire is thin enough, then the two conductors may be colored red and black. That makes it easy. If you're using thicker speaker wire (14 gauge is recommended) then you have to look closely at the insulation around each conductor. Only one side will have any writing on it, or possibly a red stripe running along the length. Use this to keep straight which wire goes into which color (it doesn't matter which you choose for red or black, as long as you're consistent).
Simply separate the two conductors over the last couple inches of speaker wire, then strip the last 1/2" of insulation off of each wire. Lightly twist the bare wire together to keep it from fraying out.
Unsrew each binding post all the way. Doing so will reveal a small hole that you can thread each end of bare wire into from the side of each post. Once you have them threaded in, simply screw the binding post back down and it should secure the speaker wire in place.
There are other types of connectors that you can put on the speaker wire that simplify the process (spades, pins, banana plugs) but they only make connection easier, they don't do anything to improve the sound.
Simply separate the two conductors over the last couple inches of speaker wire, then strip the last 1/2" of insulation off of each wire. Lightly twist the bare wire together to keep it from fraying out.
Unsrew each binding post all the way. Doing so will reveal a small hole that you can thread each end of bare wire into from the side of each post. Once you have them threaded in, simply screw the binding post back down and it should secure the speaker wire in place.
There are other types of connectors that you can put on the speaker wire that simplify the process (spades, pins, banana plugs) but they only make connection easier, they don't do anything to improve the sound.