一、研究背景从上交所和深交所提出“要积极开发权证交易产品”到5月份开始的如火如荼的股权分置改革进程来看,权证在我国推出的脚步日益加快。权证的推出无论从一级市场的发行方式到二级市场的赢利模式等方面都将对我国资本市场带来重要的影响。同时,权证产品的推出和完善有利 First, the research background From the Shanghai Stock Exchange and the Shenzhen Stock Exchange proposed “to actively develop warrants trading products” to the May start of the split share structure reform process, the warrants in our country to accelerate the pace of launch. The introduction of warrants will have an important impact on China’s capital market in terms of both the issuance of primary markets and the profit-making modes of secondary markets. At the same time, warrants product launch and improve the good