【摘要】 股指期货合约定价问题一直是学术界研究的重点。目前,国内外采用的是以期货持有成本模型为基础建立的股指期货定价模型,就这一问题进行了讨论,提出了对股指期货合约的定价应是从无套利分析原理入手推导出股指期货合约的定价模型,同时对该模型的准确性进行了实证分析,最后指出该模型在实际应用中存在的几点不足。更多还原

【Abstract】 The future of stock index has been the focal point in academia studies.At present,in abroad stock index they fix the price of the futures of stock index by the model on the foundation of model with futures holding the cost.This article uses another method to study the same problem.From arbitrage analys principle it derives stock index futures and the pricing models of contract,at the same time the text analyzes the accuracies of model and practibility on real example s,and points out this model’s several insufficient points in practical application.更多还原