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1·The necessity of developing the stock index futures.

我要开展股指期货交易的必要性。

2·On future markets, stock index futures can be used to hedge risks.

在期货市场上，指数期货是一种股票的避险工具。

3·The stock index futures is an important financial derivative tool.

股指期货是一种重要的金融衍生工具。

4·Stock Index Futures is one of the most simple derivatives contracts.

股票指数期货是最简单的衍生工具合约之一。

5·The second part is the theoretical foundation of the stock index futures.

第二部分是股指期货的理论基础。

6·We have a stock index futures market and notably we have an oil futures market.

我们有股票指数期货市场，也有石油期货市场。

7·Stock index futures can find out the trend of changes in future price of stock market.

股指期货能发现股票市场未来价格的变动趋势。

8·In the preface, the stock Index futures is defined as a futures contract based on stock indices.

在引言中，给出股指期货定义是指以股票指数为基础交易物的期货合同。

9·The most central functions of stock index futures are to hedge and to avoid the systematic risk.

股指期货最主要的功能是套期保值、回避系统性风险。

10·Stock index futures is one of financial futures; It is based on the price of stock index futures.

股指期货属于金融期货的一种，是以股票市场的股票价格指数为标的物的期货合约。