The Path Selection Of China’s Margin Guarantee Mode

As China’s economic development, the limitations of spot trading hasbeen unable to meet the needs of investors, margin trading system increated by the investors and the requirements of the times. However, dueto the provisions of the existing system of margin trading is not relativeconsistency, caused by of margin guarantees mode.The first part introduces the basic theory of margin tradingguarantees. Mainly to express the concept of margin trading and legalrelationship.The second part of the Longitudinal Study of margin. Independent ofmargin trading and guarantees relationship, review the historicaldevelopment of the process, from which to explore the development of boththe track and the combination of the system.The third part of the lateral correlation analysis of the UnitedStates, the United Kingdom, Japan, Taiwan and Hong Kong margin securedmode, study the history of the development of the various countries andregions margin trading, from which to think about the guarantee mode indifferent legal systems.The four part, based on the specific circumstances of the margintrading, the integration of the relevant provisions of the Guarantee Lawand margin, analyze the feasibility of the existing margin variousprograms of the guarantee mechanism, including trust mode, alienationguarantee mode and the traditional right quality mode.The five part presents the margin guarantee mechanism selectablesystem through a comparative analysis pointed out that the suitable ofThe maximum amount of the right quality mode, and finally analyse the solution of liquid prohibitions,Public way and the value of thecollateral.