问题描述：
英语翻译
股票指数期货是国际资本市场成熟的风险管理工具.中国资本市场经过近几年的发展,无论是证券公司、封闭式基金、开放式基金、社保基金,还是其他的机构投资者,都随着资本市场的发展而壮大,交易主体对股票指数期货产生了需求.同时,随着证券市场规模的不断扩张,机构投资者所占比重日益增加,投资者日益成熟,因此对风险防范机制的需求就越来越强,如何回避系统性风险成为广泛关注的焦点.为了促进中国资本市场的健康发展,政府部门已研究开发股指期货并积极备战伺机推出,中国证监会也为尽快推出股指期货做了大量的工作.
本文共分四个部分,第一部分是股指期货的概述,介绍了股指期货的基本定义和作用.第二部分主要是我国股指期货的理论性研究.一方面是我国开设股指期货的必要性.另一方面是我国开设股指期货的可行性.在第三个方面阐述了我国开设股指期货对现货市场的影响.第三部分结合我国的实际,谈到了我国股指期货的运作模式.第四部分阐述了股指期货的风险管理和政府监管,并结合现实情况谈了一下我国政府对期货市场的一些管理.
问题解答：
我来补答
第一段：The stock index futures is the risk managed tool in mature international capital market . While China capital market have developed in recent years, all of the negotiable securities companies, the close-ended funds, the open style funds, the society guarantees funds and other organized investors expand along with the capital market. The main transaction has had the demand to the stock index ftures. At the same time, while the scale of stock market is expanding all the time, the proportion of the organized investors is also increasing day by day.As the investor is maturing day by day , the demand of risk guard mechanism is more and more too. How to avoid the systematic risk has become to the focal point which is widely noticed . In order to promote the China capital market to develop healthy, the government department has studied and developed the stock index stock and has prepared activly to promote at appropriate time.The China's Securities Regulatory Commission also has done massive work in order to promote the stock index futures as soon as possible.
累死了,休息一下再翻第二段.
真该死,修改的老是出不来.第二段：This article is divided into four parts. The first part is a brief description on the stock index futures ,it has introduced the basical definition and function of the stock index furtures.The second part is mainly about the theoretical research of stock index futures of our country .On one hand is the necessity of develop the stock index futures in our country,on the other hand is the feasibility of develop the stock index futures in our country.The third aspect is the influence to the spot market of develop the stock index futures in our country. The third part talks about the mode of stock index futures operation in our country linked to the practical situation. The fourth part elaborates the risk management and government supervising of stock index futures,and talk about the management to the future market of our government integrating the reality.
楼上的是机械翻译.
