股票指数期货是金融期货中产生最晚的一个类别。自1982年2月美国堪萨斯期货交易所上市交易以来,股票指数期货日益受到各类投资者的重视,交易规模迅速扩大,交易品种不断增加。所谓股票指数,是衡量和反映所选择的一组股票的价格变动指标。不同的股票市场有不同的股票指数,同一股票市场也可以有多个股票指数。目前世界上影响范围较大,最具有代表性的股票指数有 Stock index futures is the latest in a category of financial futures. Since the listing of the Kansas City Futures Exchange in February 1982, stock index futures have drawn increasing attention from investors of all kinds. The size of the transaction has rapidly expanded and the variety of the transactions has been continuously increasing. The so-called stock index, is to measure and reflect the selected group of stock price changes index. Different stock markets have different stock indices, and the same stock market can have multiple stock indices. At present the world has a larger impact, the most representative of the stock index there