SSE 50 Index Linked Financial Products Based On Capital Guaranteed And Floating

SSE 50 index linked financial products based on capital guaranteed and floating(hereinafter referred to as "guaranteed and floating -50 index linked" products) is a kind of index linked financial products, and it is a kind of innovative financial products which is a combination of fixed income products such as term deposits or bonds and SSE 50 index options.The design of "guaranteed and floating -50 index linked" products can make the product buyers get no less than fixed income securities, at the same time, the personalized design of it is a way to spread some certain specific risks in order to meet the needs of investors about value maintained.In China, the index linked products issued by the major banks are still relatively large,in which CSI 300 index linked financial products account for the largest proportion. However, the design research of stock index linked financial products especially "guaranteed and floating -50 index linked" products is still relatively scarce, so this paper which focus on the study of "guaranteed and floating -50 index linked" products has some certain reference value.First of all, this article reviews the research status of structured financial products at home and abroad, and analyzes the key points and difficulties of the research, and makes a simple summary of the development status of stock index linked financial products on the market of China Banking financial products,and explores the design of basic parameters of products,risk analysis of products and design process, and then studies the advantages of the products and promotion strategies, and finally summarizes the full text and gives some development proposals.The core part of this paper is the design of "guaranteed and floating -50 index linked" products.The design of products includes three parts:the design of fixed income products, the design of SSE 50 index options and the design of principal guaranteed rate and participation rate.The design of SSE 50 index options is vital. Monte Carlo pricing strategy is used for the design of SSE 50 index options,mainly because Monte Carlo pricing strategy has the advantages of simple operation and high accuracy. In order to verify the validity of pricing strategy of Monte Carlo simulation, this paper designs three different products which are used for pricing.