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一、股价指数期货的产生与合约 1股价指数期货的产生 首先经营股票价格指数期货的交易所是美国密苏里州堪萨斯农产品交易所。1982年2月,堪萨斯农产品交易所设立了堪萨斯价值线综合指数期货。由此,这个创立于1856年,侧重经营农产品现货和期货交易的美国第二大小麦期货交易市场名声大振。1982年4月,芝加哥商品交易所也开始根据标准普尔500种股价指数经营期货。同年5月,纽约期货交易所也根据纽约股票交易所1525种股票的综合指数经营股票期货。此后,股价指数期货作为一种
First, the stock index futures contract and the emergence of a stock index futures first stock index futures trading company is the Kansas City, Missouri agricultural exchange. February 1982, the Kansas City Agricultural Exchange established the Kansas City index composite index futures. As a result, the market for the second-largest wheat futures in the United States, which was founded in 1856 and focuses on the trading of agricultural products spot and futures, has gained a lot of reputation. April 1982, the Chicago Mercantile Exchange has also started operating under the S & P 500 stock index futures. In May of the same year, the New York Mercantile Exchange also operated stock futures on the basis of a composite index of 1525 stocks on the New York Stock Exchange. Since then, stock index futures as a