The Study On The Improvement Of Our Legal System Of Futures Market

There are four parts in this thesis:In the first part, the writer illustrates relevant basic definitions of futures market. For most of us, the futures market is not a familiar field, so the author thinks the study shall begin from the basic definitions, illustrating the definitions and characteristics of futures market and the difference between futures market, cash market and securities market; then discuss main functions of futures market to improve the cognition of main functions of futures market. lastly illustrates the origins of modern futures transaction and the history of futures market's appearance and development, from which we can better understand the necessities of our futures market. In the second part, the writer firstly illustrates the necessities of futures market's appearance and development in China from the time angle, and analyze the different characteristics in different historical phase, secondly the positive functions and achievements of futures market to China's economy; lastly describes in detail for the current legal system of our futures market.The third part introduces the legislation system and risk control system of futures market in the world, so that we can better understand the defects in our legal system compare with the developed futures market in the world. The fourth part illustrates the important meaning of improving our legal system of futures market to the healthy development of futures market; then make proposals to improve our legal system of futures market from six aspects:a. To improve the supervision legal system of futures market;b. To improve the legislation of futures market, get rid of policy restrictions, and liberate the futures market;c. To strengthen the association constructions of futures line, and strengthen its functions in supervision system;d. To make it clear that the transaction rule of futures exchange has certain legal force;e. To strengthen the construction of honest and credit in futures market;f. To regulate in detail of futures crime and punish the violators more sternly.