中國概念股指期貨的發(fā)展與啟示——基于協(xié)整及合約要素分析.pdf

1、上海大學碩士學位論文中國概念股指期貨的發(fā)展與啟示——基于協(xié)整及合約要素分析姓名：張景春申請學位級別：碩士專業(yè)：金融學指導教師：陳信華20080520上海大學碩士學位論文ABSTI認CTThereareseveralstockfutureindexesofCllineseconceptintheinternationalmarketChina’SownindexfuturewhoseunderlyingassetisShanghaiand

2、Shenzhen300indexwillbecomingsoonwhichmeansgreatchallengetoChinesefinancialderivativemarketaswellastheprecioussourceoftheexperienceInthiscircumstanceitiSofgreatsignificanceforthedesignationoffuturecontractofShanghaiandShe

3、nzhen300indexbymakingaresearchaboutthestockindexfutureofChineseconceptintheinternationalmarketTheessayfirstmadeadetailedintroductionaboutemergingShanghaiandShenzhen300indexaswellasmainintemationalstockindexfuturesofChine

4、seconceptincludingsevenstockindexfuturesofChineseconcept：HangSengHsharesIndexFutures、CBOEChinaIndexFutures、FTSE／XinhuaChina25IndexFutures、SGXFTSEXinhuaChinaA50IndexFutures、HangSengChinaHFinancialsIndexFutures、E—miniFTSE／

5、XinhuaChina25IndexFutures、MimHsharesIndexFuturesSecondly，theessaytestedwhetherShanghaiCompositeIndex、ShenzhenCmpositeIndex、FTSEXinhuaChinaA50Index、ShanghaiandShenzhen300IndexarecointegratedTheessaythenestablishedtheerror

6、modifiedmodelaboutFTSEXinhuaChinaA50Index、ShanghaiandShenzhen300IndexandquantitativelyanalyzedthecorrelationbetweentheShanghaiandShenzhen300IndexandChineseeconomyFinally，theessaycomparedthemainfactorsdeterminingthefuture

7、contractdesignationinShanghaiandShenzhen300IndexFutureswiththestockindexfutureintheintemationalmarket，andatthesametimepointedouttheadvantageandchallengefacingShanghaiandShenzhen300IndexThroughalltheanalysis，theessaypoint

8、edoutononehand，ShanghaiandShenzhen300IndexFutureswouldfacethegreatchallengeofproductsintheinternationalmarket，ontheotherhand，ithadgoodcharactersofantimanipulationandrepresentativenesswhichwouldbetheidealproductforinvesto