A Study On The Risk Of Stock Index Futures And Its Management

Applying qualitative and quantitative analysis, the paper makes a systematic study on the risk of stock index futures (SIF) and its management. First, the paper summarizes the three basic theories of financial risk management, and on the basis of this, it puts forward the study on qualitative analysis of the risk of SIF and its management. Moreover, the paper takes advantage of VaR method, which is the most worldwide popular in the risk measurement field, and makes a positive research on the risk of the Hong Kong Hang Seng Index Futures market. Finally, using the above results, it analyses the possible problems that will exist if we introduce VaR method to our coming SIF market and presents the relevant advisory comments and resolutions.