摘要
本文从股指期货市场的一般功能和做空机制的作用出发 ,分析了股指期货市场对我国资本市场发展的重要意义 :它可以为机构投资者提供有效的风险管理手段 ,促进合理的投资组合 ;为普通投资者规避系统风险提供一个工具 ;增加市场的流动性 ,减少市场的波动 ,提高市场风险监管的能力。文章对我国开设股指期货提出了系统的建议。
With its sell short mechanism as Futures,a Stock Index Futures has a significant importance in the securities market;it provides institutional investors an effective risk management means and more balanced investment package;it provides individual investors a tool to avoid systemic risk;it enhances market mobility,reduces market balance and improves risk supervision.This essay brings up a general proposal of setting up a stock index futures market in China.
