我国开展股指期货交易的现实意义与可行性分析

Operation Significance and Feasibility Analysis of Implementing Stock Index Future Trading

开展股指期货交易,有利于控制股市系统性风险,促进我国股市长期稳定的发展。通过期现结合,有利于提高股市的透明度,促进股价向合理价值回归。而且,有利于增强我国资本市场的国际竞争力。建立健全有效的风险防范机制,是我国资本市场与国际资本市场接轨的前提条件。如仅停留在传统现货交易阶段,不引进现代化金融避险工具,我国资本市场在功能与体系上将是不健全的。

To implement stock index future trade will help control stock risks systematically and boost the steady long-term development of China's stock market and speed the share price back to reasonable value. Furthermore, it will help promote the international competitiveness of China's capital market, establish an effective risk precaution system which is the prerequisite to bring home capital market into line with that abroad. 