The Influence from Stock Index Futures to Stock Market Volatility

Because of the difference among the countries´ basic economic situation, stock market mechanism and scale, so according to different national or local the methods adopted is different also. Therefore this essay intends to observation how the India BSE30 index and Taiwan weighted index volatility´s change through the stock-index futures. To use EWMA model, the empirical analysis has been deduced stock-index future has short-term aggravate effect on stock market ultimately. Through the analysis of this two areas, then predicted after Shanghai-Shenzhen 300 index, the stock market volatility will increase in short-term, and in long-term will not change obviously, even will reduce.