Analysis Of The Stock Index Futures Arbitrage Strategy In Our Country

The Stock index futures are standardized futures contracts which based on the stock index.As one of the most important financial derivatives,Stock index futures own lots of main function such as finding the value and being used for hedging,and becoming an effective tool for preventing risks and so on.Now it has become a most important financial tool.Since the stock market in china set up, it developed rapidly. Now it plays more and more important role in our national economy.However, because of the existing of the problems like lack of financial derivatives,our stock market is immature.The introduction of the Shanghai and Shenzhen 300 stock index futureson improve the function and mechanism of Chinese stock market,in the while it promote the maturity of the capital market of China. The most important is that it will diversify the financial products.The article is just based on the background. It outlines the production and development of stock index futures firstly, and introduces its character and function,and generalize the basic condition of our stock index future. Then on the theoretic foundation,we talks about the main types and trading strategy by making use of data pattern. On this foundation, then we priority analyses the demonstration application study of the stock index future arbitrage tactics in our country market place .At last,point out the risk existing in our country arbitrage and give the suggestions.