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近期,有关专家指出,股指期货意义重大,应当尽快试点。更有很多人士认为,股指期货的重大意义在于股指期货的上市将是我国资本市场再壮大发展的推动力,是我国资本市场的一场革命。相关研究报告表明,目前,全球股指期货的交易金额已是股票现货市场交易金额的2.2倍,股指期货业被认为是“20世纪最激动人心的金融创新”。从国际经验看,我国推出股指期货有四大积极意义:回避股市系统风险,保护广大投资者利益;创造性地培育机构投资者,促进股市规范发展;促进股价的合理波动,充分发挥经济晴雨表的作用;完善我国资本市场的功能与体系,智强国际竞争力。也许就像许多人表示的那样,投资工具单一、风险防范手段匮乏,已经成为我国资本市场发展的瓶颈;入世后适时推出股指期货,培养机构投资者,是我国资本市场应对外资竞争的积极举措。
Recently, relevant experts pointed out that stock index futures is of great significance and should be piloted as soon as possible. Many people think that the great significance of stock index futures is that the listing of stock index futures will be the driving force behind the further growth of China's capital market and a revolution in China's capital market. Relevant research reports show that at present, the global stock index futures trading volume is already the stock spot market transaction amount of 2.2 times, stock index futures industry is considered to be “the 20th century's most exciting financial innovation.” From international experience, the introduction of stock index futures in our country has four positive implications: to evade systemic risks in the stock market and protect the interests of investors; to creatively cultivate institutional investors and promote the normative development of the stock market; to promote the reasonable fluctuation of stock prices and give full play to the economic barometer Function; perfect the function and system of capital market of our country, intellectual strong international competitiveness. Perhaps, as many have said, a single investment tool and a scarcity of means of risk prevention have become bottlenecks in the development of China's capital markets. The timely introduction of stock index futures and the establishment of institutional investors after China's accession to the WTO is a positive move by China's capital markets to counter the foreign investment competition.