Research On Asset Management Of Futures Companies

This essay focuses on analyzing all respects of futures asset management business and systematically provides possible solutions. By learning other developed countries’experiences of futures asset management business and exploring our country’s current circumstances of futures market, it can provide important guidelines for our country’s futures asset management business. This article includes investors’immaturity, information asymmetry, negative effects of new emerging markets and incompleteness of supervision system. In terms of products design, it provides different design methodologies, promoting CTA, standardized set financial products, personalized financial products and indirect stead. In terms of risk control, it not only analyzes market risk and operational risk which may exist in the futures asset management business, but it also raises a theory that the importance of establishing a futures asset management business risk management system, such as the identification and management of market risk and operational risk. In terms of supervision, it promotes to construct a three-tier supervise system of futures asset management business, which includes China Securities Regulatory Commission, China Futures Association and Futures exchanges.