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4月16日,上证50和中证500股指期货在中金所挂牌上市,给五周岁的沪深300股指期货献上了一份生日厚礼,结束了沪深300股指期货独生子的时代,形成了股指期货三兄弟的格局。沪深300股指期货平稳成功运行五年,其成交金额已稳占整个期货市场半壁江山,并在完善做空机制、价格发现、规避风险、跨期套利以及资产配置等方面起到了重要作用。但是,单一品种在套保、套利以及资产配置上的劣势已日益凸显,股指期货系列化迫在眉睫。因此,上证50和中证500股指期货的推出可谓恰逢其时。
On April 16, the SSE 50 and CSI 500 Index Futures were listed on the CICC, giving a five-year-old Shanghai and Shenzhen 300 Index Futures a birthday gift, ending the Shanghai-Shenzhen 300 Index futures single-child era and forming the stock index Futures pattern of three brothers. The CSI 300 Index Futures Stably and Successfully has been in operation for five years. Its turnover has already accounted for half of the entire futures market. It has also played an important role in improving the short-selling mechanism, price discovery, risk aversion, intertemporal arbitrage and asset allocation. However, the weaknesses of single varieties in hedging, arbitrage and asset allocation have become increasingly prominent. The serialization of stock index futures is imminent. Therefore, the SSE 50 and CSI 500 stock index futures can be described as timely.