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一、引言我国的股指期货即将由仿真交易进入到正式开市交易阶段。仿真交易应该为正式交易提供重要的完善市场风险管理的信息和启示。价格(波动)的合理性既是观察市场风险的重要窗口,同时也是影响市场风险的重要原因。因此,从价格入手研究沪深300股指期货市场的风险意义重大。目前,尚未发现对沪深300股指期货仿真交易的价格区间进行实证研究的文章。
I. INTRODUCTION China’s stock index futures will soon enter into a formal market opening by the simulation transaction. Emulated transactions should provide important information and insights to improve formal market risk management for formal transactions. The rationality of price (fluctuation) is not only an important window for observing market risks, but also an important reason for affecting market risk. Therefore, it is of great significance to start from the price to study the risk of CSI 300 stock index futures market. At present, we have not found an empirical study on the price range of CSI 300 stock index futures trading.