Problems And Countermeasures On Development Of China’s Private Futures

Since the 2008 financial crisis, global economic fluctuations are more frequent, the traditional investment returns decline at the same time, CTA fund A new force suddenly rises., high-profile. The futures investment funds are also known as CTA fund, refers to the vast investors to put money together, entrusted to the futures professional investment institutions, and through a commodity trading advisor (Commodity Trading Advisors) of futures investment transactions, an investor bear the investment risk and enjoy the investment profit collection investment. In foreign countries, CTA fund have become important institutional investors in the futures market, but also become an important channel for insurance funds, pension funds, investment banks and other institutional investors to participate in the futures market. Visible, the CTA foundation has important strategic position in the futures market. Development of CTA funds not only can effectively improve the structure of investors in futures market, also can further with the expansion of the Futures Company’s business, has the huge impetus function to the futures industry. In China, the futures market started late, lack of understanding of the futures market investors, CTA fund is private in nature, in the form of private futures. Futures fund referred to as futures private, through private means, for minority investors to raise funds, to invest in futures varieties (mainly invest in futures or investment in futures also invested in Securities and other financial products) an investment. Because of its legal status is not clear, strong concealment, very little is known. In recent years, with the development of the futures market, investors demand increase, futures private gradually been seriously, the increasingly strong futures private legal, standardized development call. But from the futures private reality development situation, the organization is still dominated by futures studio, capital scale is generally small, the further development is suffering resistances.Based on the above situation, the present conditions of the development of private futures, in-depth analysis of the problems in the development process, and put forward concrete measures for the development of private futures in China futures. Because our private futures is hidden, it is difficult to obtain relevant data. This research adopts literature review and survey interviews collected a large amount of information, carry out from the present development situation of our country private futures organization form and the operation, sunny development, capital scale, investment strategy and performance. In exploring the development strategy, the article also used a lot of contrastive analysis and quantitative, provide theoretical and data support for the future development strategy choice.Our future development of resistance is not only reflected in the legal status is not clear, policy constraints and the level of support is not enough and the external environment, but also in the "popular, investment strategy, performance is not stable, its single level. In view of the above problems, the article thinks, to achieve further development of futures of private, not only to improve the external environment for the development of future private, that is a clear legal status, strengthen supervision and support. At the same time also should through the construction of the team, the introduction of quantitative trading platform, innovation investment strategy, strengthen personnel training, to enhance their own strength.