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金融衍生品为金融业带来了前所未有的流动性,但同时金融衍生品的高风险性、风险的隐蔽性和产品设计复杂性都极容易引发系统性风险,给金融市场和国家实体经济带来中大灾难。在国家对金融衍生品市场的监管中应当更加注重金融衍生品的特点和衍生品市场的发展动向,严格控制其风险诱发点。本文将从金融衍生品同系统性风险的关系入手,结合各国金融监管的特点和利弊,分析和探讨金融衍生品市场监管的原则和对策,以期为我国金融衍生品市场的监管提供一些的思路。
Financial derivatives have brought unprecedented liquidity to the financial industry, but at the same time, the high risk of financial derivatives, the concealment of risks and the complexity of product design can easily lead to systemic risk and bring financial markets and the real economy of the country Cataclysm. In the state regulation of the financial derivatives market, more attention should be paid to the characteristics of financial derivatives and the development of the derivatives market, with strict control over the risk-inducing points. This article starts with the relationship between financial derivatives and systemic risk, and combines the characteristics and advantages and disadvantages of financial supervision in various countries to analyze and discuss the principles and countermeasures of financial derivatives market regulation in order to provide some ideas for the supervision of China’s financial derivatives market.