Research On Credit Transactions Risk Control Of Northeast Securities

In the securities industry in innovation today, the launch of the credit tradingbusiness greatly accelerated the pace of China’s securities industry, financialinnovation, so that China’s securities industry has matured into a solid step forward.The introduction of credit trading business, for investors will have a far-reachingimpact on the way investors trade expanded, changing the securities company’sprofit model, increasing the securities company’s profitability.Conduct credit trading business in favor of a variety of transactions and riskaversion means for investors; help improve capital efficiency investors; conducive tothe realization of securities inherent price. While credit trading business of securitiescompanies and investors to improve the success rate of financing to stimulate wereactive; help promote securities companies to establish new profit model to improvethe security of supply and demand needs of amplification; favor securities company’sproducts and services and promote innovation so that the transaction size andliquidity markets were expanding.Northeast Securities Co., Ltd. in June2012to obtain credit trading business tocarry out the first batch of pilot qualifications credit trading business after the turnroutine, opening more than two years, the business development momentum is good,the business scale to obtain rapid growth. Northeast Securities Co., Ltd. in July2013respectively, to obtain the Shenzhen Stock Exchange, the Shanghai Stock Exchangestock pledged repo business qualifications and carried out the first single transaction.Northeast Securities Co., Ltd. has achieved the Shenzhen Stock Exchange on February2,2014to carry out the agreement to repurchase securities trading stylepermissions on February28,2013to obtain the Shanghai Stock Exchange agreed tocarry out the agreed-end securities repurchase transaction privileges.This article again and risk control Northeast Securities Co., Ltd. of credittrading business undertaken analysis of all aspects of the case, the use of riskmanagement theory to analyze the credit trading business in Northeast Securities Co.,Ltd. to carry out all aspects of the process of the difficulties and opportunities,Northeast Securities Co., Ltd. carding credit trading business in various aspects ofthe process and make a reasonable improvement program to address the strategiesand recommendations made for the sustainable development of Northeast SecuritiesCo., Ltd. has a certain significance.In this paper, the development of domestic and foreign credit transactions in thecourse of business, based on in-depth research and analysis of the company’ssecurities trading business credit risk control, including our credit transactions in thesecurities risk control, adopted a more stringent policy. Combined with the actualsituation in Northeast Securities Co., Ltd., covering the current credit tradingbusiness to carry out various problems arise during, the existence of which the mainissues in all aspects of the securities company’s credit trading business development,focusing on proposed solutions proposed rationalization of evolution proposedscheme compliance risk prevention advice,, credit risk trading business how to facethe prevention, establish a comprehensive risk monitoring system for NortheastSecurities Co., Ltd. to establish a comprehensive risk monitoring system, providingrelevant theoretical support.Risk control is valid credit transaction will be related to the important part ofthe credit trading business carried on normally. According risk points to points,credit transactions in any one brokerage improperly, the underlying securities, bonds,market stability, debt security, etc. If control, may cause changes in the securities industry, market risk may increase in the short term and play "fueled or down" effect.With the development of China’s securities market growth, increasing credit tradingexperience complete, relevant control measures we can gradually relaxed, so that theexpansion of credit transaction efficiency funds to play and play an immediate effect.