There is no stock index futures in Iraq, but you have confused the concept of stock market and futures market. Stock index futures are in the futures market rather than the stock market, so the question itself cannot be answered. China, a capitalist country, is a developing country, which is comparable to China. We are in the transition period from planned economy to market economy, so this comparability is not strong, and it is more about creation. First of all, you need to find an economic form similar to China, South Africa and Russia.