Analysis of Stock Index Futures Market Fluctuation based on Wavelet Multi Resolution

In that period of time, many western countries are subject to the impact of the oil crisis and the oil crisis lead to slow the country's economic development and the present instability, interest rate volatility, abnormal fluctuations in the stock market, financial market order disorder, stock investors need a can play to gauge to avoid market risk and the realization of the assets of the new financial instruments and financial products. [...]the stock index futures came into being. Stock index futures are a kind of standardized futures contract, which can play a certain role in the financial market, and also can guide the stock market. [...]stock index futures also known as the financial market a great invention. Designed to be able to strengthen the risk management of the market, but with the Shanghai and Shenzhen 300 index futures launched 3 months, the CSI 300 index fell as high as 800 points, the entire A-share market has been significantly lower A. Many investors to the stock market decline is due to the CSI 300 stock index futures launch, that there is excessive speculation in the stock index futures market, price discovery ability is insufficient, can lead to large fluctuations in the stock market5-7. In 2006, China Financial Futures Exchange was established and began to active research and development of China's stock index futures contracts, then the simulation trading of CSI 300 stock index futures were launched, marking China's financial derivatives market has taken a first step in the birth of; April...