The Supervision Of Financial Derivatives In China

Financial derivatives is called to be the 20th century,"the most exciting financial innovation",for the whole capital market,it provides a direct risk management tools and investment vehicles,investment to strengthen the market function,but can not be replaced because of their price discovery and pricing function,which greatly strengthened the finance market,the investment function.With the December 11,2006 period of China's accession to the WTO over the end of the financial services industry in China will further deepen reforms,expand the degree of openness will also bring direct competition inevitable.At the same time,financial globalization and liberalization of our financial institutions are facing the serious financial risks.Competition and risk in the double role,to promote the development of financial derivatives market,to strengthen its supervision,has become China's financial institutions and financial market development,but also China's financial system to ensure that the appropriate objective of competition and the need for stability.The full text is divided into four parts:Introduction to some of the first part.In this setion,an overview of the main background and the significance of research in the synthesis and evaluation of the status quo on the basis of the method proposed by this paper.The second part of the financial derivatives are summarized below.Introduces its concept,types of economic functions and financial derivatives transactions the purpose of such basic knowledge of market risk.Part three is divided into the status of foreign financial derivative market research supervision.In the second part of the main examples of the United States and in Germany the mode of regulation of financial derivatives market,with a view to the development of the financial derivatives market on China's help.Part four is divided into the essence of this paper,it based on development of the domestic financial derivatives market analysis,targeted market supervision proposed by the problems that exist,and In detail a number of strengthening the financial derivatives market regulation measures.