China's Stock Index Futures Market Development

Stock index futures (SIF) as one of the most important financial futures develops very fast at abroad, but in our country, SIF deal has not opened yet. Therefore, it is very meaningful for us to study whether it is suitable to open this deal and how to operate. The thesis includes 6 chapters: Chapters 1 analyze SIP market both in China and at abroad, expound the necessity and availability of opening SIP market in China, appraise the present stock index, and finally get conclusions that we have equipped well and should edit the抲nited index for SIF deal and open SIP market as soon as possible. Chapters 5? design SIP contracts and demonstrate SIP market model, give some suggestions on SIP market, and get a general scheme. The main purpose of this thesis is to offer some theoretical and practical references on promoting SIF market, and hope that more people can pay more attention to the development of SIF market. We combine the method of quality and quantity in this thesis. By using the successful experiences of abroad, and according to our circumstances, we make a conclusion analysis of stock index and futures contracts much powerful.