A Research On Regulatory System Construction Of Financial Derivative Instrument Market

Financial liberalization and financial innovation in the wave of rapid expansion of financial derivatives, financial institutions and investors can avoid the risk of derivatives transactions, make a profit. However, due to its derivatives have a strong speculative and risky, leading to loss of cases increased year by year trading institutions, and even trigger a financial crisis in 2008. How to regulate the financial derivatives market, and resolve financial risks, governments have become important research topics are facing. View of this, based on reality and focuses on financial derivatives and markets, financial derivatives risk characteristics and conduction mechanism, developed countries through a comparative analysis of financial derivatives regulatory approach, combined with China's actual situation, China's financial derivatives product market regulatory system proposed.This article is divided into seven chapters. The first chapter is an introduction, describes the basis and significance of topics, research methods, the article structure. The second chapter describes the financial derivatives market and its supervision of the general principles, highlighting the current status of financial derivatives, in economic theory based on financial derivatives market regulation. Chapterâ…¢study of risk in financial derivatives and the formation process, but also describes the key features and risks of financial derivatives market transmission mechanism, to understand the whole process of the U.S. financial crisis. The fourth chapter describes the United States, Britain and Germany and other countries with different financial regulation, but also to compare, judge and analysis. Meanwhile, the U.S. financial crisis a reflection of regulation. Chapterâ…¤describes the status of the current financial derivatives market and regulatory system problems. Chapterâ…¥System of China's financial derivatives market ideas put forward:the establishment of legal protection system, effective monitoring system, organizational system of continuous improvement, risk control and risk early warning mechanism of technical information systems constitute the framework. Chapterâ…¦concludes with Outlook.