金融衍生品市场的发展对于完善金融市场整体的风险管理和资产定价功能具有极其重要的意义。根据国际清算银行的数据统计,全球金融衍生品的名义本金规模在2008年国际金融危机爆发前达到约18万亿美元,其中场外衍生品名义本金约10万亿美元。国际金融危机使全球金融衍生品市场遭受重创,过度复杂的产品、过高的交易杠杆、信息不对称等问题都严重影响了金融市场的稳定性。因此,控制市场系统性风 The development of the financial derivatives market is of great significance for improving the overall risk management and asset pricing functions in the financial markets. According to the statistics of the Bank for International Settlements, the nominal principal amount of global financial derivatives reached about 18 trillion US dollars before the outbreak of the international financial crisis in 2008, of which the nominal principal amount of OTC derivatives was about 10 trillion U.S. dollars. The international financial crisis has hit hard the global financial derivatives market, over-complicated products, excessive trading leverage and information asymmetry have seriously affected the stability of financial markets. Therefore, control the market systemic wind