2一中国A股市场股指期货风险管理研究题目.docVIP

中国A股市场股指期货风险管理研究 摘 要 股指期货作为金融衍生产品，其在产生的几十年过程中到了迅猛的发展。在当前中国A股市场处于牛市的过程中，引入股指期货不仅能完善资本市场，其做空机制还能防范资本市场的系统性风险。引言部分主要介绍股指期货产生背景、发展情况。本文首先从股指期货的概念、特点、功能来介绍股指期货；再者对股指期货的总体风险和中国股指期货特有的风险进行分析，从而认识股指期货的风险；其次针对股指期货的风险研究其风险管理，从优化市场环境、建立多层次的风险管理体系、完善技术手段、建立突发风险的管理机制这三个方面对防范股指期货风险进行论述；附录部分着重介绍沪深300指数，包括沪深300指数编制细则及其构成和权重。结束语根据全文的论述对股指期货的后市进行简单的分析。 关键词: 股指期货 风险管理 沪深300指数 中国A股市场 ABSTRACT The Stock index futures to grow the product as the finance, it in produces in several dozens years process arrived the swift and violent development. Is in the bull market in the current Chinese A market in the process, the introduction the Stock index futures not only to be able to consummate the capital market, it makes the spatial mechanism also to be able to guard against the capital market the systematic risk. The preface mainly introduces the background and development trends of the stock index futures. In this paper, I elaborate the contents in the following five parts. The firstly, I mainly talk about the definition, characteristic, and function of the stock index futures; The secondly gives a thorough analysis for the aggregate risk of the stock index futures, and the specific risk encountered by the stock index futures of China; The thirdly lays emphasis on the management of risk faced by the stock index futures, and illustrates the measures taken to alleviate the risk in the following four aspects: optimizing the market environment, establishing the multi-level risk management system, improving technical methods and establishing the management mechanism for suddenly appearing risk; the Appendix mainly introduces Shanghai Shenzhen 300 indexes, including the establishment regulation of Shanghai Shenzhen indexes as well as its constitution and weight. The last part goes to the Conclusion, which gives a summary of the parts we mentioned above and makes a brief analysis for the development trends of stock index futures. Key words: Stock index futures Management of risk Shanghai Shenzhen 3