论文部分内容阅读
金融衍生工具是金融自由化和金融创新的产物,具有规避风险和引发风险的双重性。我国入世后,该市场必将在现有基础上迅速扩张,其隐含风险不可忽视。本文阐述了金融衍生工具的概念,着重介绍了金融衍生工具风险的特征、风险产生的原因及其所带来的严重的社会后果,并针对金融衍生工具风险的监管提出了自己的见解。国家的监管机构、金融衍生交易的各个微观主体在管理和防范金融衍生工具风险的过程中都应发挥各自的作用,形成一个系统的工程。
Financial derivatives are the product of financial liberalization and financial innovation, with the dual nature of risk aversion and risk. After China’s accession to the WTO, the market will surely expand rapidly on the basis of its current level, and its hidden risks can not be ignored. This article elaborates the concept of financial derivatives, emphasizes on the characteristics of financial derivatives risk, the causes of the risks and their serious social consequences, and puts forward my own opinions on the supervision of the risks of financial derivatives. National regulatory agencies, financial derivative transactions in the various micro-entities in the management and prevention of the risks of financial derivatives should play their respective roles in the formation of a systematic project.