文档介绍：中欧陆家嘴国际金融研究院报告之四                                中国衍生品市场概况与未来发展 
中国衍生品市场概况与未来发展
Chinese derivatives market’s summary and future development
吴建刚中欧陆家嘴国际金融研究院研究员
【内容摘要】中国改革开放三十年来,经济高速成长,金融不断完善,衍生品市场也逐步发展起来。此
次金融危机暴发后,金融衍生品最早成为被归咎的对象。中国衍生品市场还处于初级发展阶段,作为后发
展国家,这就提出了危机对中国衍生品发展的启示和未来如何发展中国衍生品市场的问题。针对这一问题,
本文首先分析了近二十几年来中国场内和场外的衍生品市场发展概况,然后提出了此次金融危机对中国发
展衍生品的启示,最后对中国衍生品市场未来发展提出了一系列建议。
【关键词】衍生品市场发展概况危机启示发展建议
Abstract: After three decades of China's reform and opening up, its economy grew rapidly, its finance
system has been improved and its derivatives market although began late has also progressively been
developed. After the outbreak of the financial crisis, financial derivatives have e the first target to
be blamed. China's derivatives market is still in the early stage of development, as a developing country,
the crisis put forward the question of how to learn from this crisis and develop China's derivatives market.
To answer this question, the paper first analyzes the development of the derivatives market in past two
decades, then analyzes the enlightenment of the financial crisis on China's development of derivatives,
and finally gives a series of mendations on the future development of China's derivatives market.
Keywords: Derivatives market Development summary Crisis inspiration Development proposals
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中欧陆家嘴国际金融研究院报告之四                                中国衍生品市场概况与未来发展 
目录
一、我国场内衍生品市场发展概况......................................................................................................3
1、商品期货市场起步较晚,但发展迅速,在某些品种上已经取得定价的主导权.....................3
2、外汇期货和国债期货曾经试验,但目前尚未推出....................................................................5
3、股指期货经过数年准备,目前仍处于仿真交易阶段................................................................6
4、权证市场已经启动,但发展水平还处于初级阶段....................................................................6
二、我国场外衍生品市场发展概况.............................................................................