Research On China's Stock Index Futures

Stock Index Futures has become one of the most important and successful financial tools in the world. To meet the need of China's development of capital market, China's Stock Index Futures is at hand. Research On China's Stock Index Futures is the most necessary for the present time.Five chapters compose the thesis. Chapter One introduces the short-run of Stock Index Futures in America and the whole world for the last twenty years. Chapter Two makes a detailed comparison and analysis among a few successful Stock Index Futures in the world in the aspects of stock index, contracts, supervision, ect.. Hints for China's Stock Index Futures are concluded. Chapter Three analyzes China's present financial market and economic conditions and points out that there are still a lot of essential problems to be solved, though many achievements China has made in terms of capital market for the last ten years thereafter China's first trail of Stock Index Futures. Based on that, the conclusion has come into being that China has not been fully prepared for the Stock Index Futures in terms of capital market. The process of Stock Index Futures must be slowed down with much patience and carefulness. In Chapter Four, proposals have been made in the aspects of contracts, supervision, ect.