What is this speaker cable connection?


https://photos.app.goo.gl/KGhMSbT5KYsqx7So8

Hello, 

I was given these speaker cable and told these were really expensive. But when look at the connection, it doesn't make any sense to me. I have used banana plugs before. But I have no idea how to connect these with my amplifier. Any help would be greatly appreciated. 
128x128manizkrishnan
Clip ‘m ‘n strip ‘m!  Then put on some simple decent bananas. get ones with at least 2 screws. Buy Parts Express # 091-3600 or 091-3610. Both good. BFAs are better than regular bananas. Got to be careful not to exert a shear force though, they can break off. 
If those barrels unscrew and reveal set screws holding the wire down I'd remove those ends and put these on instead.  I've used these on several custome built cables that are budget friendly.  These have a friendly angle for amp side as well as speaker terminals.  The downward angle is convenient on several speakers I have, do not put a high shear force on connections, locking and stackable and they're completely protected against accidental twist contact that could cause a short.

https://www.parts-express.com/angled-locking-stacking-banana-plug-with-dual-set-screws-poly-shell-an...

The downside of those Parts-Express WBT/ Furutech knock-offs is they’re made of brass, not pure copper or a high copper alloy like tellerium or beryllium copper. So they don’t conduct as well as better bananas.