第一段:The stock index futures is the risk managed tool in mature international capital market . While China capital market have developed in recent years, all of the negotiable securities companies, the close-ended funds, the open style funds, the society guarantees funds and other organized investors expand along with the capital market. The main transaction has had the demand to the stock index ftures. At the same time, while the scale of stock market is expanding all the time, the proportion of the organized investors is also increasing day by day.As the investor is maturing day by day , the demand of risk guard mechanism is more and more too. How to avoid the systematic risk has become to the focal point which is widely noticed . In order to promote the China capital market to develop healthy, the government department has studied and developed the stock index stock and has prepared activly to promote at appropriate time.The China's Securities Regulatory Commission also has done massive work in order to promote the stock index futures as soon as possible.
累死了,休息一下再翻第二段。
真该死,修改的老是出不来。第二段:This article is divided into four parts. The first part is a brief description on the stock index futures ,it has introduced the basical definition and function of the stock index furtures.The second part is mainly about the theoretical research of stock index futures of our country .On one hand is the necessity of develop the stock index futures in our country,on the other hand is the feasibility of develop the stock index futures in our country.The third aspect is the influence to the spot market of develop the stock index futures in our country. The third part talks about the mode of stock index futures operation in our country linked to the practical situation. The fourth part elaborates the risk management and government supervising of stock index futures,and talk about the management to the future market of our government integrating the reality.
楼上的是机械翻译。
The stock index stock is the international capital market mature riskmanagement tool The China capital market passes through in recentyears development, regardless of is the negotiable securities company,the close-ended fund, the open style fund, society guarantees thefund, or other organization investors, all expand along with thecapital market development, the transaction main body has had thedemand to the stock index stock At the same time, along with thestock market scale unceasing expansion, the organization investoraccounts for the proportion to increase day by day, investor day byday mature, therefore more and more is strong to the risk guardmechanism demand, how avoids the systematic risk to become thewidespread attention the focal point In order to promote the Chinacapital market health development, the government department hasstudied the development stock to refer to the stock and positively toprepare for war waits for an opportunity to promote, Chinese 证监会also for as soon as possible promoted the stock to refer to the stockto do the massive work This article altogether is divided four parts, the first part is thestock refers to the stock the outline, introduced the stock refers tothe stock the basic definition and the function. The second partmainly is our country stock refers to the stock the theory research.On the one hand is our country opens the stock to refer to the stockthe necessity. On the other hand is our country opens the stock torefer to the stock the feasibility. Elaborated in the third aspect ourcountry opens the stock to refer to the stock to the stock marketinfluence. The third part of union our country reality, talked aboutour country stock to refer to the stock the operation pattern. Thefourth part elaborated the stock refers to the stock the riskmanagement and government supervising and managing, and the unionrealistic situation discussed our country government to futures marketsome management.