We obtain the existence of standing wave solutions to a coupled nonlinear Schrödinger systemwhere 0 < p < 4 (N−2) + , μ, γ and α k , β k , p k , q k are real constants with 1 < p k < p + 1, 1 < q k < p + 1, p k + q k = p + 2 and α k q k = β k p k (k = 1, . . . ,m). We also discuss the stability and instability of the standing wave solutions.