Risk Control Analysis Of Margin Trading Business Of Xiamen Securities Company

At present,China's securities market is still in the development of nurturing,whether it is the market environment or internal operation is lacking,the need for continuous development and perfection.The introduction of margin trading system provides investors with a tool to circumvent the risk of market decline,but its leverage may attract more speculative behavior.How to regulate the risk of financing margin business is to promote the financial margin business in China's securities market in full swing,to try new business model of the real problem of healthy development,is also the important purpose and significance of this paper.After examining the status quo of the development of financial bonds of securities companies in China,and the research of qualification brokers found that there is insufficient credit system to implement securities companies,low risk monitoring time,customer access review system needs to be sound,the overall investor's quality education lacks many problems.Therefore,this paper firstly analyzes the concept of financing bonds,the characteristics of financing margin,the impact of the risk of financial margin on securities business,and find out the reasons for the risk control of financial margin business and propose perfect risk control theory system.This paper probes into the risk of Xiamen Securities company to carry out the business model of financing margin.At present,the securities companies to carry out financial margin business encounter many risk problems,how to guard against and evade,how to establish the financial margin business risk control system,which in the actual operation of the process is to be solved problems.We think that the first key is the supervisory system,and the second is the process of qualification confirmation as the credit margin transaction,and finally the relationship between the trader,the broker,the financial market and wind control.In short,the financial margin trading system is somewhat riskier,but it can restrain market risk volatility by selling coupon mechanism.In this paper,Xiamen Securities Company as a research object,analysis of financing margin business operation status,explore the current stage of Xiamen securities companies to carry out financing margin business risk control problems.Including mechanism problem,cost rate,utilization efficiency,review system,timeliness,etc.Finally,we propose several aspects to control the risk way:for example,establish and perfect credit management mechanism,improve the mechanism of wind control system and customer transaction Settlement Fund,increase the supervision of financial margin trading,strengthen the investor education of financing and margin business;And put forward the financial institutions in the financing margin business risk precautions.This paper hopes to provide some reference for the other kinds of securities companies in the future to carry out the risk control of the financing margin business by analyzing the specific risk control system of Xiamen Securities.