Derivative Financial Instruments In Risk Prevention

Financial innovation is a revolWion to prevent risks a~ pursuit the optimal profit, wi~e core is the wnovHion of fiiwicial instruments. Since the 1970抯, the development of DPI makes the whole capital market setive ,but at the meantime, it confronts a great deal of risks. As a remit, the emphasis on risk prevention is vely 1n~o~tant for d~ institutions to take j~t in DR business. The thesis consists of five chapters: Chapter 1 analyzes the bixth awl development of DFL Chapter 2 discusses the risk types, the risk distinction and the risk rncaswe of DFL Chapter 3 analyzes the reasons of two cases with losses and sums up lesscms. Chapter 4 studies risk inside-control of DFI. Chapter 5 focuses onoutside-admiaistraticm of DFI.