Study Of The Regulatory System Of Financial Derivatives

Financial Derivatives in our country developed comparatively late, and the definition of it was mostly according to the description of different objects in the domestic and international documents, and still can not become unified boundary settle. After the summary analysis of each representative definition, we can conclude that Financial Derivatives was based on the premise of foundation financial tool, and the price was decided by the financial stock in advance, and will clinch a deal of financial contract in future. Financial Derivatives should be a kind of bi-duty, rewarded and promised contract which is formed by the client's true willing, and the object of the deal of contract is a kind of right.Financial Derivatives is an important and necessary part in the market economic system, since it enjoys the function of avoiding risk, price detection, conversation, earnings and installing the resources and so on. When the market appears the Financial Derivatives and enjoys the benefits, it also can be aware of the huge and potential risk at the meantime. The main risks of Financial Derivatives involve market risk, credit risk; circulate risk and law risk, which can mutually be influenced. In the case, the effect of the risks can be doubled, not only bringing the huge loss to the trade, but also making the whole financial market a violent turbulence. Therefore, all countries hold a careful attitude for developing Financial Derivatives, both with encouragement and strict supervision. In the United States, U.K, Japan, Singapore, Hong Kong etc. nation and region, the development of Financial Derivatives has long history, mature market and rich experience, also the supervision system is gradually mature and the level of supervision is comparatively high. This theme mainly reviews the development history of Financial Derivatives of these nations and regions, and analyses their supervision system in the hope that it can be helpful to the supervision system in China.Compared with these nations and regions, the market of s in our country is backward: the variety is not rich and the supervision level is inferior. With the financial market open and the development of integration with the global economy, it has become a general trend in the development of our country. Currently, Financial Derivatives in China hasn't caused financial dismay, but in the view of prevention, we...