本文认为从期货市场的职能角度出发期货市场效率应该具体体现为期货市场基本功能的有效性。
In this paper, it's suggested that the futures market's function efficiency can represent the whole efficiency of the futures market according to the futures market's character.
期货市场的功能在于价格发现、价格风险规避及市场效率提高。
The function of futures markets is price discovery, price risk hedging, and market efficiency improving.
同时对三个阶段效率进行了对比分析，发现随着时间的推移，中国期货市场的效率有了一定提高。
Meanwhile, through comparing the efficiency of the three stages of Chinese futures market, it has been found the efficiency of Chinese futures market has been improved a lot.
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