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Research On Legal Mechanism Of Futures Overdraft Trading

Posted on:2008-05-30Degree:MasterType:Thesis
Country:ChinaCandidate:Y J WangFull Text:PDF
GTID:2166360212476921Subject:Law
Abstract/Summary:PDF Full Text Request
Futures overdraft trading is the special type of futures trading in China. In essence futures overdraft trading is financing between futures company and its clients or between Futures Exchange and futures company because trader of futures overdraft trading borrowed money. Futures overdraft trading is permitted in some foreign countries. Due to the developing futures market and great risks, futures overdraft trading is forbidden and treated illegally in China. Nowadays there are a lot of futures overdrafts trading in futures market of China. Though the futures market had been acknowledged as financial industry and the policy has had loose restriction of futures overdraft trading, the great risks with it could not be ignored. Futures'trading is a kind of trading of credit and futures overdraft trading magnify risks as well as credit. So in order to promote the healthy development of futures market, the relevant legal liability and preventive measures must be prescribed.In this article I firstly analyze concept, quality, and types of futures...
Keywords/Search Tags:futures overdraft trading, margin, legal liability, legal mechanism of prevention
PDF Full Text Request
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