The Opening of the Domestic Stock Index Future Realistic Choice of Our Country's Stock Market
WU Zh · Zhongyang Caizheng Jinrong Xueyuan xuebao · 2006
As a new financial derivative product,Stock Index Future not only contributes to the rich varieties of market transaction,but also brings about the two-way transaction mechanism of stock market to evade the systematic risks and ensures the balanced operation of financial market.But the design of the SIF must be based on the practical circumstances of China,beginning from the characters of the SIF,this paper analyzed the necessity and feasibility of the SIF in today's stock market.