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伴随“沪深300指数”的正式推出,中国A股股指期货渐行渐近。此时,了解成熟市场股指期货的交易特点或有裨益作为以股票价格指数为标的物的余融期货合约,股票指数期货(以下简称“股指期贷”)目前已成为一种投资者广泛运用的避险工具。投资者在股票市场上面临的风险可分为两种:一种是股市的整体风险,又称为系统风险,即所有或大多数股票的价格一起波动的风险;另一种是个股风险,又称为非系统风险,即持有单个股票所面临的价格波动风险。通过投资组
With the official launch of “Shanghai and Shenzhen 300 Index”, China A stock index futures are approaching. At this point, to understand the characteristics of the transactions in mature markets, stock index futures or benefit As the stock price index as the subject of Yu Rong futures contracts, stock index futures (hereinafter referred to as “stock index loan”) has now become a widely used by investors Hedging tools. Investors in the stock market risks can be divided into two kinds: one is the overall risk of the stock market, also known as the system risk that all or most of the stock price volatility risk; the other is the risk of individual stocks, and Known as non-systemic risk, that is, the risk of price fluctuations in holding a single stock. Through the investment team