The International Experience Of The Supervision Of Financial Derivatives Market And The Perfection Of The Institution In China

Financial derivatives based on currencies, bonds, stocks and other traditional financial products. It is characterized by leveraged credit transaction and a high-risk financial products. Financial derivatives have some economic functions. However, the financial derivatives market is a highly speculative and virtual market. Any event could occur a tremendous impact on the economy. So many rules were made by the legislation and the industry for all operational aspects of the financial derivatives market. Financial globalization meant the disappearance of regional financial and gradually form a unified global capital market and financial system. It is requiring a institution of international supervision. Then the cooperative manner and the legal structure of international regulation has become an important research question in current international economic law. By analysing today's national and international regulation of financial derivatives market, give some recommendations to China to participate in the international market.