CHINESE STOCK INDEX FUTURES

With the continuous standardization and development of China's capital markets,the stock index futures gradually becomes a popular topic as an effective tool to avoid risk.On the base of foreign practices,this paper gives a comprehensive analysis of the stock index futures.The first part of the paper introduces the concepts and practical significance of the stock index futures;then the paper gives related assumptions;at last,the paper designs the contract of the stock index futures.The paper provides some systematical suggests about how to establish the stock index futures.