Chen Yaoxian, vice chairman of China Capital Market Research Association, called for early launch of stock index futures

Chen Yaoxian, vice chairman of China Capital Markets Research Association, 16th called for the launch of stock index futures. In his view, financial market itself is the risk industry, imperfect market function is the biggest risk.　　For the long prepared stock index futures, he believes that the introduction of conditions and ripe. When attending the "China (Beijing) Futures and Derivatives Market Forum" held in Beijing by the Joint Asian Futures Association of the Beijing Futures Association, Chen Yaoxian said that financial derivatives, such as futures, as a means of financial innovation, are the fundamental source of a country's financial strength. Financial innovation has more advantages than disadvantages to market development. In today's China futures market, futures and other financial derivatives as a financial instrument and means, from the perspective of hedging, there is the role of eliminating risks, from the allocation of resources, there is the role of hedging. To promote the innovation and development of futures market, bigger and stronger, is not only the needs of the industry itself, but also the national economy and industrial system security and stability requirements.