一、我国期货市场的现状自９０年代初我国期货市场兴办以来，几经风雨，有了一定的发展。期货市场初期出现了参与者猛增，投机成分日益浓厚，交易规模急剧扩大，市场价格剧烈变动的现象。针对这种情况，国家在９０年代中期曾经对期货市场进行了严厉的监管和调整。中国作为发展 I. The Current Situation of China’s Futures Market Since the establishment of the futures market in China in the early 1990s, after years of stormy weather, there have been some developments. In the early days of the futures market, there was a surge in participants, an increasingly strong speculative component, a sharp increase in the scale of transactions, and drastic changes in market prices. In response to this situation, the state has conducted severe regulation and adjustment of the futures market in the mid-1990s. China as a development