在国际资本市场上,股指期货是资产管理业务中应用最为广泛的风险管理工具。截至2008年,世界GDP排名前20的国家和地区都已推出股指期货。2010年,市场期盼三年的股指期货终于获批并将择日上市。本文集中探讨股指期货推出将对我国股票现货市场的影响,得出的结论是:股指期货的推出从长期来看对股市现货影响是积极有利的。 In international capital markets, stock index futures is the most widely used risk management tool in the asset management business. As of 2008, the world’s top 20 countries and regions have introduced stock index futures. In 2010, the market expected three-year stock index futures was finally approved and will be available on the market. This article focuses on the introduction of stock index futures will have an impact on China’s stock spot market, concluded that: the introduction of stock index futures in the long term impact on the stock market is positive and favorable.