Research On The Government Supervision And Industry Self- Regulation Of China Futures Market

Futures market is an important part of the financial market in the world. With China’s economy great development and internationalization of financial markets in recent years, China’s futures market is rapidly expanding in and type and variety Therefore, to establish a mature futures market regulatory system is the fundamental of stability and development to the futures market, maintaining the interests of traders necessary assurance.Throughout China’s futures market over than 20 years, from the initial blind development, through the government to rectify, to now the steady development of government regulation plays an absolutely dominant position. But with the market is booming, the increase of market demand, coupled with the futures market have its own particularity, regulated by the government for the absolute dominance of the existing regulatory system has been unable to adapt to today’s futures market now. And there is a clear gap between the regulatory system and the mature futures market supervision system in the world. Especially industry organizations as the main form of industry self governance, has a low cost, high efficiency, professional and strong, flexibility high, can effectively make up for the lack of government regulation, in the futures market plays an important role.This dissertation starts from China’s current futures market supervision system, then analyze of the current futures market appeared in the process of supporting the incomplete legal system, information asymmetry, regulatory lag, excessive administrative intervention, self-discipline in the status quo, combined with the relationship between government supervision and industry self-discipline and their own characteristics, by drawing on the division of responsibilities between the government regulation and industry self-regulation of the foreign mature futures market supervision system, explore various modes of futures market supervision system, in order to effectively coordinate the relationship between the government supervision and industry self-discipline, establish and put forward reasonable suggestions to improve according to the situation of our country futures market supervision system.