从全球股指期货整个发展历史来看,股指期货是在1982年2月美国率先推出来的。在上世纪70年代两次石油危机之后整个西方国家经历了较大的衰退,加上外汇体制——布雷顿森林体系的瓦解。汇率、利率和商品价格都面临着前所未有的波动,相关机构及资产持有者需要一个风险管理的工具来规避风险。于是,首先是外汇期货、利率期货,随后股指期货就应运而生。 From the entire history of the development of global stock index futures, stock index futures was first introduced by the United States in February 1982. The entire Western country experienced a large recession after two oil crises in the 1970s, coupled with the collapse of the Bretton Woods system of foreign exchange. Exchange rates, interest rates and commodity prices are facing unprecedented volatility, and relevant institutions and asset holders need a risk management tool to mitigate the risk. So, first of all, foreign exchange futures, interest rate futures, followed by stock index futures came into being.