China's Financial Derivatives Market Development

The global financial crisis that the subprime crisis caused made the development of financial derivatives market become the hot topic of the current financial theories research. The development of the financial derivatives market is a result of the financial deepening and the financial innovation, and is also the outcome that the market economy develops in a certain stage. After the 70's in last century, The global financial derivatives market develops quickly, it brings fresh blood for traditional financial market and puts forward a challenge to existing financial system, economic entity, financial system etc. in the meantime. Financial derivatives market in China starts a little bit late and is still in first step development stage. Along with the financial derivatives market in our country gradual perfection and integration into world economy, that we research the development of financial derivatives market in China in this period has a great of meaning. This thesis begins from the concept of the financial derivatives and the trade of the global financial derivatives market,especially analyzes the trend of the financial derivatives market after financial crisis,and analyzes the development stages, present condition and the main problems of financial derivatives market in China, summaries lessons from abroad countries in the failure of the financial derivatives in the 90's, takes foreign successful experience as reference from five aspects in evolving mode, development path, risk management, market construction and financial regulation, draws lessons from global financial crisis, and combines the actual development of financial derivatives market in China, and puts forward principles of developing financial derivatives market in China, and suggestions of developing financial derivatives market in China from five aspects in evolving mode, development path, risk management and market construction, financial regulation.