We have a stock index futures market and notably we have an oil futures market.
我们有股票指数期货市场，也有石油期货市场。
The introduction of stock index futures in Shanghai this year, giving traders the opportunity to profit on market falls, also is helping to cap Shanghai's tendency to bubble.
今年在上海推出的股指期货不但让交易者有机会在股市下跌时获利，也有助于遏制上海股市的泡沫化倾向。
So we should implement functional supervision on the across the market exchange of share index futures and that of stock.
这就要求我们应对股指期货交易和股票交易进行跨市场的功能性监管。
In the end, this paper proposes precautions and Suggestions against such risks, and presents a prospect of the development of the China Stock Index Futures market.
最后尝试提供这些风险的防范措施与建议，并对中国股指期货市场的发展前景进行了展望。
With the Stock Index Futures market improving, it is more and more clear that the Stock Index Futures is important and indispensable for the developed financial markets.
随着股指期货市场的不断完善和日渐成熟，股指期货的积极功能日趋明显，己经成为发达金融市场不可缺少的重要组成部分。
Therefore, full understanding of stock index futures of cash market and its influence to the risk control is very important.
因此，充分了解股指期货对股票现货市场的影响并对其进行风险控制非常重要。
Corresponding to hedgers' transferring price risk and abandoning risk earnings, the speculators in the stock index futures market shall intentionally take the risk from hedgers in pursuit of profit.
与套期保值者转移价格风险、放弃风险收益的属性相对应，股指期货市场中的投机者就是承担价格风险和追逐风险收益。
Woredwidely, stock index futures came into being later but is the most successful financial futures. It has the function of escaping from the systematic risk in the stock market.
从世界范围来看，股指期货是出现较晚的但也是最成功的金融期货，它具有规避股票市场系统风险的功能。
Thus it means China stock market has higher systematic risk comparing with other developed countries. It is necessary to introduce the stock index futures.
因此，中国股票市场有着较高的系统性风险，股指期货的推出显得十分必要。
Firstly, this paper introduces our country's Stock Index Futures market from the market structure, the design of trading system, and the design of contracts.
本文首先从股指期货市场的结构、制度的设计以及合约设计层面系统的介绍了我国的股指期货市场。
At last, we also discuss the risk control system of the stock index futures market.
最后，研究了我国指数期货的风险控制问题。
The futures business institutions shall actively publicize the risk characteristics of the index futures and the obvious operating differences between the index futures and the spot stock market.
期货经营机构要积极宣讲股指期货的风险特征及其与股票现货市场操作的显著差异。
Stock index futures can find out the trend of changes in future price of stock market.
股指期货能发现股票市场未来价格的变动趋势。
Stock index futures will be launched in China. Stock index futures must have an important impact on China's financial markets, especially on the stock market.
股指期货即将在我国推出，股指期货的推出必将对我国的金融市场，特别是股票市场产生重要的影响。
The exchange has the right to adjust the settlement price for delivery of the stock index futures according to the conditions of market.
交易所有权根据市场情况对股指期货的交割结算价进行调整。
To provide a reference, selecting Hang Seng China Enterprises Index futures in Hong Kong market, the paper studies the impact of the introduction of the stock index futures on the stock market.
为了提供一个借鉴，本文选取中国香港市场的恒生中国企业指数现货与期货为对象，研究股指期货的推出对现货市场的影响。
Finally, through mathematical models and empirical analysis we will discuss the cost impact on trading volume and volatility in stock index futures market.
最后，通过建立数理模型、实证分析来说明交易成本对股指期货市场交易量和波动性的影响。
So, we are inspired to do some research on impact of cost on stock index futures market.
于是，我们深受启发，想从交易成本这一角度探讨交易成本对股指期货市场的影响。
By the tools, volatility and GARCH model, this chapter chooses the stock market of Taiwan and Japan as the study objects to test the effect of introducing stock index futures.
运用波动率和GARCH模型两个工具，结合所获得数据的具体情况对日本和台湾进行实证分析，分析股指期货推出前后股票现货市场的波动情况。
This article is divided into four main parts: the first part is a brief introduction of the stock index futures and stock index futures market;
本文主要分为四个部分：第一部分是对股指期货与股指期货市场的基本信息介绍；
This essay brings up a general proposal of setting up a stock index futures market in China.
文章对我国开设股指期货提出了系统的建议。
This paper is directed against the stock index futures market volatility spillover effects of study.
本文是针对股指期货市场的波动溢出效应所做的研究。
Stock index futures trading simulation-specific version of the contest, at the same time can provide the securities market, stock index futures market simulation, the transaction.
股指期货仿真交易大赛专用版，可以同时提供证券的行情、股指 期货的仿真 行情、交易。
The stock index futures will have the following positive roles after implementing in our country: Help to avoid the stock market system risks , protect investor's interests;
股指期货在我国推出之后将会有如下积极作用：有利于回避股票市场系统风险，保护投资者利益；
The stock index futures will have the following positive roles after implementing in our country: Help to avoid the stock market system risks , protect investor's interests;
股指期货在我国推出之后将会有如下积极作用：有利于回避股票市场系统风险，保护投资者利益；
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