商品市场指数化投资的方法及其影响

Index Investment in Commodity Market:Methods and Effects

以商品指数基金和商品指数期货为代表的指数化投资在世界期货市场占有越来越大的比重,对世界期货市场产生了深刻的影响。中国期货市场正处于快速发展的阶段,指数化投资对中国期货市场的市场拓展和产品创新具有重要意义。本文探讨商品市场指数化投资的主要形式及其对市场的影响,以期为推动并规范中国期货市场指数化投资提供理论和经验借鉴。

Index investment represented by commodity index fund and commodity index futures is playing an increasing share in the global futures market and brings with far-reaching effects. As China＇s futures market is rapid growing,index investment is of great significance for the business enlargement and innovation of China＇s futures market. This paper probes into the main forms of index investment and its effects to the market with a view to providing theoretical and practical reference for promoting and normalizing China＇s futures market.