Reflection on How To Open Stock Index Futures

This paper expounds the necessities of opening stock index futures and holds that openning stock index futures can help develope and expand securities exchange markets, absorb foreign capital and stongthen the government's macroeconomic regulation of the stock market. There are two steps that should be followed in opening stock index futures; the current two kinds of stock index futures can be used directly as stock index futures; the state government has to promulgate the rules and regulations on stock index futures as soon as possible.