促进实体经济健康增长 释放资本市场运行风险——融资融券与股指期货推出的政策含义及其影响

Political Implication and Impact of the Release of Margin Trading and Stock Index Future

2010年1月8日，证监会相关部门负责人表示，国务院已原则同意推出股指期货和开设融资融券业务试点。此时推出股指期货和融资融券业务，是监管部门引导流动性结构性走向、促进实体经济的健康增长、释放资本市场运行风险的重要手段。

It is alleged by the stock supervisory committee on January 8th 2010,that the State Council have in principle agreed to launch the business pilot of stock index future and margin trading. This move is expected to help enhance the market's value-seeking function and rationalize market in the long run. However,it also set higher requirements for the regulatory authorities. The release of stock index future will be conducive in optimizing the valuation level of the entire banking sector and promoting business development as well as product innovation for commercial banks.