On The Development Of Stock Index Option Transaction In China

Divided into three sections, this thesis systemica1ly analyzesthe issue of stock index option. The first part of the essay givesa suonary to the prob1ems concerning the appearance, deve1oPffient,characteristics, funct ions and pricing of the s tock index option.Then, a thorough ana1ys is of different categories of risks in SI0transact ion and the methods to measure them has been given the secondsect ion. Here, the author a 1 so introduces the r isk management in SI0transactions and the cofnmon guidelines according to Which thesupervisory body regulate SI0 transact ions. Fina l ly, based on theana1ysis of part one and part two, the author put forward hisresearches on the deve1oPffient of SI0 in China. He analyzes thefeasibility, the need and the preferabi1ity of initiating S10transactions in China. Moreover, the author presents his concreteidea on sui table organizat ion s tructures, var iety of transact ionsand units of contracts for SI0 transactions in China. His va1uab1eadvisory cofnments about the regula t ions on SI0 transact ions are a lsopresented in the third section.