On The Development Of Stock Index Futures

Stock Index Futures not only have the functions of price finding and risk avoiding but also is conducive to the mature and perfection of one country抯 securities market. So it devetops very rapidly since it appears. Of course, there are some requirements to possess to develop Stock Index Futures and if we have not possess them but develop it we will run counter to our desire. In view of the present situation of our securities market, this paper analyses some Stock Index Futures?functions through its conception firstly. Then in accordance with our objective reality, this dissertation discusses the feasibility problem of developing Stock Index Futures and draws the COflClUSiOfl that we have possessed the main conditions to develop it. After that by using the experience of other countries and our country for reference, the paper analyses the challenge in accountiilg. tax~. control-. network deal so that we can have an adequate psychological preparation to meet it. At last, in order to develop it smoothly, this paper puts forward some plans for reference.