This paper analyzes the relationship between stock index futures markets and stock markets from three aspects,namely market structure,trade execution efficiency and information diffusion.
股指期货市场的出现,一是使得原本现货市场单轨运行的市场结构变为了期现货市场双轨运行的新结构,增加了市场稳定性;二是依托期货交易方式的独特机制,大大提高了交易执行效率;三是期货价格也因此包含了更多内容,促进了市场信息的传播与扩散。
And we can find that information manipulation coordinated by other trick of manipulation may be the main path of the manipulation of SIFM (Stock Index Futures Market) in Chinese market.
因为股指期货的虚拟经济属性决定了股指期货合约价格可以被人为控制;人的有限理性意味着投资者可能被操纵者诱惑而参与市场交易;我国的市场现状说明沪深300指数在特定情况下完全有可能被人为控制,且市场操纵的各种手法在我国的股指期货市场大有用武之地;境外市场曾发生过的股指期货市场操纵的相关案件,也证明了在不成熟市场中股指期货被人为操纵并非不可能。
This paper, based on Artificial Stock Index Futures Market (U-Mart), uses methods of ACF, engages the investors(trading strategy models) in transactions, analyses the condition of the market (price formation and volatility, trading volume, etc.
本文基于人工股指期货市场(U-Mart),利用计算实验金融方法,将股指期货交易策略模型作为投资者参与市场交易,分析市场状况(价格形成与波动、交易量等)以及策略投资者的损益状况。
Research on Cross-market Surveillance of Stock Market and Stock Index Futures Market in China;
我国股票市场与股指期货市场跨市场监管研究
An Investigation of the Impact of Overseas Listing Stock Index Future on Stock and Stock Index Future Markets;
股指期货异地上市对我国股票及股指期货市场发展的影响研究
Research on the Impact on Stock Market and Futures Market of the Launch of Index Options
股指期权推出对现货市场和股指期货市场影响研究
A Research on the Influence of Stock Index Futures Market on Stock Market;
股指期货市场对股票市场的影响关系研究
Research on Volatility Relation of Stock Index Futures Market and Stock Market
股指期货市场和股票市场波动关系研究
Stock Index Futures market s risk analysis and risk control;
股指期货市场的风险分析及风险控制
Market Competitiveness of Index Futures and Contract Design.;
海外股指期货市场竞争力与合约设计
Research and Analysis of Stock Index Future Market and Security of Financial Market;
股指期货市场发展与金融市场安全研究分析
A Study of the Impact of Stock Index Futures on the Cash Market;
股指期货对股票现货市场的影响研究
A Study on the Relations between Stock Index Futures and Spot Market;
股指期货对股票市场影响的实证研究
The Study on the Influence of Stock Index Futures on Stock Market;
股指期货对我国股票市场的影响研究
A discussion on effects of stock index futures on the stock market in China;
试析股票指数期货对股票市场的影响
Implementing Stock Index Future and improving Chinese Stock Market;
发展股票指数期货 促进股票市场成熟
The Effect of the Introduction of Index Futures on the Quality of the Stock Markets
股指期货推出对股票市场质量的影响
The Impacting on Stock Index Futures for Pricing Efficiency of Stock Market
股指期货对股票市场定价效率的影响
The Analysis of Index Futures Spread Arbitrage:An Empirical Analysis on Simulative Market;
股指期货的跨期套利研究——模拟股指市场实证
The Impact of Stock Index Futures on Our Country Stock Spot Market;
股指期货交易对我国股票现货市场的影响分析
Stock-index future's influence on the stability of stock current market
股指期货对股票现货市场稳定性的影响
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