Research On Credit Transactions Risk Control Of XB Securties Company

Since the beginning of 2015,the stock market fluctuated drastically,which brings great challenge to the risk control for brokerages.In the face of more and more passively cleared customers,the risk control of credit trasaction business is extremely difficult for brokerages.Due to the leverage nature of the credit transaction business itself,the large scale of the transaction and the low entry threshold,XB Securities Company has faced the huge risk in credit transaction business.How to effectively control the risk becomes an urgent problem for XB Securities Company.Therefore,by studying the problems existing in the risk control of XB Securities Company's credit transaction business,the best improvement plan is formulated to provide some reference and help for XB Securities Company's credit transaction business in risk prevention and control.This paper takes XB Securities Company as the research object.Firstly,it introduces securities credit transaction business,analyzes the business model of credit transaction at home and abroad,expounds the risks and risk control measures of securities trading business,and analyzes the cotemporary development in this field.Then,it introduces the current situation of XB Securities Company,analyzes the current situation and risk control status of the company's credit transaction business,and analyzes the problems existing in the risk control of XB Securities Company's credit transaction business,including the scale of liabilities,the potential liquidity risk,the lack of dynamic customer account management,the risk of operation and management,the frequent fluctuation of the securities price and the increase of the market risk.The reasons for existing risk control problems are: the company has insufficient management of the customer;the risk control organization structure is unreasonable;the employees' awareness of risk control is weak;the securities prices fluctuate abnormally;the company's own funds are insufficient;and the risk management information system is imperfect.Then,according to the risk management design principles and a series of planning requirements of XB SecuritiesCompany's credit transaction business,the risk control of XB securities company's credit transaction business is designed,mainly from the risk control organization design,customer credit risk control,business operation risk control,market risk control,liquidity risk control five aspects of risk control program improvement.Finally,in order to ensure the successful implementation of the risk control scheme of XB Securities Company's credit transaction business,seven safeguard measures are put forward,including perfecting the risk monitoring index,strengthening the quantification of the risk monitoring,strengthening the real-time monitoring of the risk management of the credit transaction business,strengthening the dynamic management and risk early warning system.Besides that,they also need to strengthen the company's internal risk management culture construction and personnel team construction,improve the risk response mechanism and the risk management information technology system and data management.