Research On Risk Management Of X Securities Company’s Margin And Margin Financing Business

Margin trading is a kind of institutional and institutional arrangement to improve the trading mechanism of China’s securities market.In addition,margin trading introduces the short mechanism into the stock market,which will have a direct impact on the trading behavior of the stock market and the pricing mechanism of the stock market.Based on the theory of comprehensive risk management,this paper analyzes the risk management of margin trading of X securities company comprehensively and systematically.As a small and medium-sized securities enterprise in the securities industry,X securities company has accumulated certain experience in brand awareness,margin trading and risk management,has taken a series of measures and established a risk management system.However,from the perspective of risk management of margin trading,the effect is not ideal.The company is not good at financing and financing There are still many problems in the risk management and control of securities business,such as customer credit risk,market risk,operational risk,liquidity risk and systematic risk,which have a negative impact on the realization of risk management objectives,development objectives and strategic development objectives of X securities company.The research results show that there are some problems in the risk management of margin trading in X securities company,such as low level of risk identification,unreasonable risk assessment and monitoring,and single risk management measures,which are different from the lack of comprehensive risk management awareness of the company’s employees and the failure to establish a dynamic risk early warning management system and risk management system of margin trading in the whole process The reason for this is that the management system is not perfect.In practice,X securities company should focus on improving the credit risk management system,improving the market risk management system,scientifically formulating risk management measures,and increasing risk control and supervision,which has acertain reference value to promote the development of the company’s margin trading.