浅析股指期货的推出对我国金融市场的影响.docVIP

目：浅析股指期货推出对我国金融市场 的影响 浅析股指期货推出对我国金融市场的影响 ［ ］股指期货作为在海外已经成熟的金融衍生品，其风险管理功能已经得到市场验证。 股指期货是金融市场上最为成功的金融衍生品种之一，股指期货交易在世界很多国家获得了 迅猛的发展。为了和岡际接轨增加我岡金融市场的自主定价权，我国于2010年4月16日推出我 国第一个股指期货合约。股指期货对完善股票市场的交易功能、降低交易成本、健全股票市 场的价格发现机制和为股票投资者提供较多的价格风险规避机制等方而具有积极的作用，股 指期货的推出是完善我岡金融体系的必经之路，也是我国资本市场改革和发展战略中的一项 重要任务。但股指期货又是一把双刃剑，使用不当会带來灾难性的后果，如何管理股指期货 出现的风险及完善我国股指期货市场是以后迫切需要考虑和准备的。基于此，论文对股指期 货上ik对整个金融帘场的影响和股指期货推出后的利弊进行了多方面的思考。首先阐述了股 指期货推出来对我W金融市场带来的影响；K次分析了股指期货上市带来的风险和问题；最 肜对于股指期货上市带来的不影响和风险问题的解决意见和建议；论文认为股指期货的上 市对于我国金融结构冇着重要意义，但是也带来了一些新的风险和问题，冇利冇弊，但是总 体是利大于弊。□前国际的金融环境日渐趋同，我国金融和世界金融接轨是发展的必然。冈 此我们既要大力发展股指期货iV场发挥股指期货的积极作用，也要加强股指期货lU场的风险 监管和完善股指期货市场，降低股指期货对市场的消极作用。 ［关键字］股指期货金融市场影响风险 Analyses the influence of stock index futures on Chinas financial market [Abstract] Stock index futures as in overseas mature financial derivatives, its risk management function has been the market validation. Stock index futures is a financial market on one of the most successful varieties of financial derivatives, futures trading obtained swift and violent development in many countries around the world. To and the international community to increase independent pricing power in the financial market in our country, our country launched on April 16 in 2010 our country the first stock index futures contracts. Stock index futures to perfect the function of stock market trading，to reduce transaction costs and improve the stock markets price discovery mechanism and for stock investors to provide more price risk aversion mechanism and other party and has a positive effect, the launch of stock index futures as the way the financial system in China, also is our country capital market reform and an important task in the development strategy. But stock index futures is a double-edged sword, improper use can have disastrous results, how to manage the risk of stock index futures and stock index futures market in China is an urgent need to consider and prepare. Based on this, the paper’s influence on the stock index futures