The Study On China Stock Index Futures Early Warning Of Risk And Risk Control

The stock index futures as the tool to flush, but itself also has the big risk. It is well known, futures existence profit and loss scale-up effect as a result of release lever principle, therefore has the huge risk characteristic. It existences in the stock index futures too. The stock index futures source from the stock market, stock market's price undulation affects inevitably to the stock index futures price change, stock market's risk can transmit the stock index futures market, the stock index futures has the corresponding risk. In recent years, because the stock index futures are used frequently by the people, the stock index futures sale enlarge gradually, even its price changes have had nothing to do with the stock market. So, the stock index futures have the huge risk even more. The cognition the risk characteristic of stock index futures completely, manage the stock index futures risk correctly, is important to market supervise and trader. Along with the China stock market development, for the perfect financial structure, dodges the market the system risk effectively, advantageous for the investor to consummate the investment portfolio, China prepares to promote the stock index futures in the near future. Because China Stock market is the emerging market, the China Stock market's unique influence factor will causes the special risk in the China stock index futures markets.This article through the general risk theory of stock index futures, research the risk type and the influence factor in stock index futures market, pointed out China's unique factor, and use the mature method and the model of overseas financial crisis forewarns, builds the risk early warning system of the stock index futures, and through the contrast developed country advanced management system, proposed the method of china guards against the stock index futures risk.