The Research On Spread

Futures market of China's market economy ,as an important component of economic development in China, is playing an important role. It,as the main domestic derivative products ,play an irreplaceable role in the hedge,risk aversion and so on. Futures market's arbitrage make the price tend to the normal market price,increases market liquidity and reduce market risk and plays an important guarantee for effective as the function of futures markets. futures market's arbitrage is one part of the most important investment and risk management,it is an integrated, comprehensive and continuous investment decision-making process. In this paper, spread around the futures arbitrage, the combination of theory and application, the main draw at home and abroad investment ideas and methods, were spread on the futures-related arbitrage decision-making in the basic theory and methods, covering the development and current situation of the futures market, futures trading, futures arbitrage principle, futures arbitrage methods, Futures spread arbitrage, such as fund management conducted a study with empirical. The full text is divided into five chapters:The first chapter describes the background and significance of topics,an analysis of futures markets at home and abroad on research and put forward research ideas in this article.Chapter II introduces overview on basic knowledge of futures markets.Chapter III introduces the three main futures market transaction.Chapter IV carried out a detailed analysis on the type of arbitrage transactions .Chapter V demonstrates and exemplifies on price chart arbitrage,technical arbitrage,arbitrage program,intelligence arbitrage, that mainly exist at home and abroad on the current futures price and it researchs and analyses the bankruptcy of future account by using of Monte Carlo simulation and put forward some suggestions of fund management.