股市指數期貨 的英文怎麼說
中文拼音 [gǔshìzhǐshǔqīhuò]
股市指數期貨
英文
stock index futures- 股 : Ⅰ名詞1 (大腿) thigh; haunches 2 (機關、企業、團體中的組織單位) section of an office or enterp...
- 市 : 同 「黻」[fú]
- 指 : 指構詞成分。
- 數 : 數副詞(屢次) frequently; repeatedly
- 期 : 期名詞[書面語]1. (一周年) a full year; anniversary 2. (一整月) a full month
- 貨 : Ⅰ名詞1. (貨幣; 錢) money 2. (貨物; 商品) goods; commodity 3. (指人, 罵人的話) 4. 動詞[書面語] (出賣) sell
- 股市 : equity market
- 指數 : 1. [經] (比數) index number; index 2. [數學] exponent
- 期貨 : [經] futures; forward
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Moreover, the recent years " development of futures market has provided valuable experience for launching stock index futures market. meanwhile a lot of experienced brokage companies and investors are cultivated during the process. investors group who have been in futures business and large amount of idle fund are the market basis for stock index futures transaction
另外我國期貨市場幾年來的發展也為推出股票指數期貨交易提供了寶貴的經驗,它培養了一大批經驗豐富的經紀公司管理者和投資者,已經從事期貨交易的投資者隊伍和大量閑散資金是開展股票指數期貨交易的市場基礎。Implementing stock index future and improving chinese stock market
發展股票指數期貨促進股票市場成熟Backgroud and purpose in 1982, stock index future was firstly created by kcbt ( kansas city board of trade ), which was named as value line index future. since then, stock index future has always been developing rapidly, and the stock index future has became the important part of financial market. the development of stock index future has always been promoting the perfection and deepening of the financial market
一、選題背景和意義自1982年美國堪薩斯城期貨交易所kcbt首先推出價值線指數期貨合約起,股指期貨在全世界范圍內得到迅速的發展,股指期貨市場已經成為金融市場的重要組成部分,其發展推動了金融市場的深化和市場機制的完善。The high p / e ratio has confused the financial order, has strengthened financial risks, hinder the growth of the real economy, not benefit the forming of correct investment concept, encourage behavior of speculating, cause inefficient distribution full play of function. we can reduce the high p / e ratio, suppress the p / e ratio to increase, by improving the management level, perfecting stock right structure and administration structure of the listed company, strengthening supervision of the listed company, stopping up all sorts of abnormal behavior of the stock market, perfecting the stock market system, trying one ' s best to reduce the government ' s intervention, changing means of the government interfere etc. then the china stock market can get lasting, healthy development
解決好我國股市市盈率過高的現象,可以從以下幾方面著手提高上市公司的經營水平,增強其盈利能力是降低股票市場市盈率的跟本;完善上市公司的股權結構,解決中國上市公司「一股獨大」的問題;要完善上市公司的治理結構,健全董事會制度是核心,發揮監事會職能實現權力制衡,構造適合中國國情的監督機關,對經營者激勵與約束同等重要,強化經營者的激勵和約束,讓利益相關者行動起來;加強監管,堵絕股票市場的種種不規范現象,對莊家的運作強化監管,對其違法違規行為加大懲治力度是促使中國股市持續、穩健發展所採取的必要措施;同時完善股票市場的制度建設,完善的退市機制,盡早推出確實可行的股票價格指數期貨市場;盡量減少政府的干預,轉變干預手段等。With the internationalization of the financial markets, the upgrading of the role of the institutional investors, and the speeding up of the financial instrument ' s innovation, the transaction of the stock price index futures ( the abbreviation " index - future " ) becomes more and more prosperous in the developed securities markets and the new emerging securities markets as well
隨著金融市場的國際化發展,機構投資者的主導地位的崛起,金融工具的創新不斷加快,股票價格指數期貨(以下文中簡稱股指期貨)交易不僅在發達證券市場得到繁榮發展,而且不少新興證券市場也竟相開設。The sub - committee considered a paper examining the question of whether the rise in large open positions in hang seng index futures in the past three years should be a matter for concern, given the role that these positions played in the 1998 speculative attacks on hong kongs financial markets
未平倉恆生指數期貨合約與股市的關系6 .委員會成員審閱一份有關未平倉恆生指數期貨期指合約的分析文件鑒于未平倉期指合約在" we had reason to believe that they had been building up and maintaining quite large short positions in the stock index futures, " he said
任志剛又說:我們有理由相信它們在股票指數期貨市場持有和累積了大量淡倉。Stock index futures is an instrument for risk management in international capital market
股票指數期貨是國際資本市場成熟的風險管理工具。Therefore, a timely introduction of the stock index futures is necessary for meeting the requirements of the mass investors and the development of china ' s securities market. the third chapter expounds the selection of index of china ' s stock index futures
這說明中國的金融市場適時的推出股票指數期貨是十分必要的,從而滿足廣大投資者規避市場風險的要求,促進中國證券市場的健康發展,以及增強中國證券市場的國際競爭力。Firstly, the paper introduces the correlative conceptions and theories, analyzes the circumstances in chinese securities market and futures market, combined with the generation and development of chinese stock market and futures market. then the paper discusses the essentiality and feasibility of establishing chinese stock index futures, and the influence of capital market after launching stock index futures, such as influence of open - end fund, reducing state - owned shares, the second - board market and so on. then the paper analyzes all sorts of problems of establishing stock index futures and gives suitable policies and suggestions for every problem
論文首先介紹了有關股票指數期貨的概念、理論,並結合中國股票市場、期貨市場的形成與發展過程,分析了中國證券期貨市場的現狀,然後討論了在中國開設股票指數期貨的必要性和可行性,推出股票指數期貨后對中國資本市場產生的影響,如對開放式基金、國有股減持、二板市場建立產生的影響等,接著論文詳細分析了中國建立股票指數期貨存在的各個方面的問題,對每一問題給出了一定的政策措施予以解決,這是論文的重點及難點。The first stock index futures contract appeared in kcbt on feb. 24th, 1982. and its transaction volume has been increasing considerably on a global scale. because the stock index futures has the functions of price detection, risk aversion and asset allocation, it has become more and more important in the international financial market and is entitled the most exciting creation
自從1982年2月24日,美國堪薩斯市期貨交易所( kcbt )推出第一張股票指數期貨合約? ?價值線綜合指數期貨合約以來,股票指數期貨在全球范圍內的交易量迅猛增長,很快發展成為全球金融衍生品市場中最具活力的交易品種。Yu, shang - wu ( 1998 ), " an application of backpropagation networks on forecasting the stock index futures ", joint international conference on contemporary management and comparative management, kaohsiung
余尚武,吳嘉欽( 1998 ) , "股價指數期貨對股票市場波動性之影響" ,第七屆證券暨金融市場理論與實務研討會,中山大學。With the fast development of chinese economy and step - by - step opening to world capital market, there is increasing concern within the chinese financial community that it ' s time for us to initiate the transaction of stock index futures in china
隨著我國證券市場的發展完善,緣于規避股票現貨市場的系統風險和活躍證券市場的需要,我國股票指數期貨交易也呼之欲出。我國如何適時適地推出股票指數期貨交易,是一個需要理論界和實務界共同探討的問題。And with the stock market having recovered substantially from the level at which we entered the market in the middle of august, more considerable losses were incurred also in their short positions in the stock index futures
隨著股市自我們在月中入市的水平大幅回升,對沖基金也因為它們的股市指數期貨短倉而蒙受更多虧損。We will establish and develop the financial derivative instruments market by putting forward stock index future as the first step. which is needed for the capital market to develop steadily and is also required by its marketing feature and internationalization. meanwhile there will inevitably emerge a group of stock - index - future investors as a result of the expanding of organization investors, therefore it is urgent for us to pay attention to the study and discussion of the financial derivative instruments such as stock index future and its development
建立和發展金融衍生工具市場,並將股票指數期貨的推出放在首當其沖的位置,不僅是資本市場穩定發展及其市場化、國際化的內在要求,同時也是因為經過十多年的發展后,我國股票市場已初具規模,並隨著機構投資者隊伍的日益壯大,產生了一個可觀的股指期貨投資者群體,因此探討和研究股票指數期貨等金融衍生產品及其在我國的發展已刻不容緩。Through there ' s few tools in china ' s financial market now, dynamic hedging strategies can operate also. that is why i chose dynamic hedging strategy as the title of my master ' s degree paper. the first chapt introduces the paper ' s structure and the development of the dynamic hedging strategy research
雖然目前我國金融市場上各類金融工具還非常稀少,股票指數期貨還沒有出現,更不要說是期權市場了,但是動態套期保值策略在我國證券市場上仍然可以運作,這也是我選擇動態套期保值策略作為碩士論文題目的原因之一。The study gives a risk management tool which can be used when the stock index futures are developed in future in our country. according to the analysis of advantage and disadvantage of stock index futures supervision mechanism in other countries, one - unit three - level supervision mechanism and measures were established and risk management was studied in advance in our stock index futures market
根據對其他國家和地區股票指數期貨監管模式的優劣分析並結合我國的特點,本文構建了我國股票指數期貨市場應該採用的一元三級監管制度及其監管措施,為我國進行股票指數期貨交易的風險管理進行了前瞻性的研究。Stock index futures market
股市指數期貨市場The paper is composed of five chapters the first chapter first introduces the concept, characteristics and the course of development of the stock index futures, then deduces the pricing formula of stock index futures and further analyses the functions of stock index futures and the impact of its transaction on the fluctuation of the spot transactions. the second chapter demonstrates the need and feasibility of the introduction of the stock index futures in china. through the empirical analysis of the market risk of china ' s stock market, we can see that the risk difference between individual stocks, so a portfolio investment wo n ' t help much in risk aversion
本論文共分為五章,第一章在介紹股票指數期貨的概念、特點以及產生與發展的過程的基礎上,對股票指數期貨的定價公式進行了推導,從而引出股票指數期貨的套期保值、指數套利、資產配置、組合保險等作用,進而分析股票指數期貨交易對股票現貨市場波動性的影響;第二章主要是對中國推出股票指數期貨的必要性和可行性進行論證,通過對中國股票市場風險測度的實證分析,得出了中國股票價格波動齊漲齊落,個股之間的風險差異小的特點,因此,投資者進行投資組合的避險效果就很有限,無論是個人投資者還是機構投資者,都必須面臨中國股票市場巨大風險的事實。This is the emphasis and difficulty of the paper. at last, the paper designs the content of chinese stock index futures contract on the basis of experiences internal and external, including the pricing model in chinese stock market
最後,論文借鑒國內外股票指數期貨設立的經驗,設計了中國的股票指數期貨合約內容並對股票指數期貨合約的定價模型進行了市場的檢驗。分享友人