摘要:股指期货应股票市场风险管理的市场需求而产生,并且在最近二十多年的时间里发展成为20世纪最成功的金融衍生品之一。这是因为它本身具有显著优越性,于是股指期货的交易规模和市场影响力得到快速发展。目前,中国股指期货已经完成了制度和技术方面的要求,研究股指期货给我国股票市场带来的影响有十分重要的意义。本文把股票指数期货(简称股指期货)作为研究对象,根据其的特点和功能,立足A股发展现状,分析了股指期货推出将对A股市场带来的影响,并对在我国发展股指期货提出了一些建议和看法。66806
毕业论文关键词:股指期货,A股市场,波动性,流动性
Abstract: Stock index futures comes into the market with the demand of stock market risk management. And in recent twenty years, it has become one of the most successful financial derivatives. It is because itself has obvious superiority, so the scope of trade and the influence of market have developed rapidly. At present, China’s stock index futures has completed the requirement of institutions and technology. It is significant for us to study the influence that stock index futures bring into stock marker. In this article, the stock index futures is used as the research object. Then according to the features and functions of stock index futures and based on the A shares development present situation, we analyzed the impact of A share market after launch the stock index futures. This paper also puts forward some suggestions and views for China’s development of stock index futures.
Keywords: stock index futures, A share market, volatility, mobility
目 录
1 引言 3
2 股指期货的概述 3
2.1 股指期货的概念 3
2.2 股指期货的特点 3
2.3 股指期货的功能与作用 4
3 我国股指期货的发展历程 5
3.1 我国股指期货的早期尝试 5
3.2 我国股指期货的整顿规范时期 5
3.3 我国股指期货的发展和完善时期 5
4 股指期货推出对我国A股市场的影响 6
4.1 股指期货推出对现货市场波动性的影响 6
4.2 股指期货推出对股票市场流动性的影响 6
4.3 股指期货推出对成分股与非成分股的影响 7
4.4 股指期货推出对股市结构、交易策略及交易量的影响 8
4.5 股指期货推出对金融市场发展的影响 8
5 我国推出股指期货的优点与不足 9
5.1 推出股指期货的优点 9
5.2 推出股指期货的不足 10
6 针对我国推出股指期货的不足提出的建议 10
6.1 进一步健全并完善相关管理制度 10
6.2 对投资者进行教育使其理性投资 11
6.3 建立投资者信用体系并不断创新 11
结论 12
参考文献 股指期货对A股市场影响的研究:http://www.youerw.com/jingji/lunwen_74833.html