The purpose of this study is to show that a introduction plan of Stock Index Futures in Korean Stock Market.
Since the trading of Stock Index Futures started in 1982 in quick succession the Chicago Mercantile Exchange and the New York Futures Exchang...
The purpose of this study is to show that a introduction plan of Stock Index Futures in Korean Stock Market.
Since the trading of Stock Index Futures started in 1982 in quick succession the Chicago Mercantile Exchange and the New York Futures Exchange developed similar contracts based on the standard and poors'(S & P) 500 Stock Index and New York Stock Exchange (NYSE) Composite Index respectively.
Thends of quick succession Finance Futures are relation to responsibility of risk hedging.
This paper is composed of following (1) Introduction (2) Meaning of futures trading and fanction of Stock Index Futures (3) Institution of Stock Index Futures Market (4) Illustration of Stock Index Futures (Heading, Arbitrdge, Spread) (5) Propriety of introduction about Stock Index Futures (6) Introduction plan of Stock Index Futures in Korea market (7) Conclusion. In this study we are interested in trend of Securities Finance in Korea.
Even through Introduction of Stock Index Futures is important, there are some problems undeveloped stock market volume and liberalization of capital market.
To achieve the purpose it is necessary to promote the interest and to enlarge the investment environment. Further a research and information system must be more actively progressed.