Research On Brokerage Business Risk Management Of GF Securities

The operation of the securities industry is always following the risk. The risk and the risk management is the subject matter need to be concerned by the securities firms in its business operation. Stock brokerage is the main business of securities market in China nowadays. Several securities firms were forced to bankrupt or close for its ill risk management in current years. The stock brokerage risk management was drawn attention by all parts of the securities market more and more. GF Securities is also like this, its stock brokerage is the most essential business, and the profit of its brokerage business hold great proportion in the company's whole profit and more than 60% in recent years. The success or failure of brokerage business influence company's overall development seriously. Researching on the GF Securities brokerage business risk management for guaranteeing that its brokerage business highly effective operation under the controllable risk, will become one urgent and long-term duty for us. At the same time, researching on stock brokerage business risk management of GF Securities, also gives other securities a useful reference.The object of study in this article is GF Securities brokerage business risk management. By commenting on existing research achievement, especially the risk management framework model and certain elements mentioned in COSO and IOSCO reports, combining with the situation of GF Securities, and using the diagrams, data, examples etc., contrasting the risk management of GF Securities brokerage business with the above elements, this article analyzed the success and failure of GF Securities brokerage business risk management, and then put forward the advanced countermeasure and proposal.This article divides into six chapters of contents. Besides the first chapter of introduction, the second chapter introduced the risk management certain research results in China and overseas, particularly the securities firms risk management certain elements in COSO and IOSCO. The third chapter described GF Securities brokerage and its risk management. The fourth chapter analyzed GF Securities stock brokerage risk management from two aspects, risk type and risk management element. The fifth chapter put forward the corresponding countermeasure and proposal according to the above analyses. Finally, the sixth chapter indicated the summary of the full text, other questions about risk management, and the impression in writing process.