Risk Management Of Securities Companies In The Change Of Liquidity Policy

In the formulation of policy standards for financial institutions in strict regulation,regulators often consider the impact of direct targets on regulatory policies,while ignoring the indirect effects of policy changes on financial markets and transmission to financial institutions.Under this background,we hope to make a comprehensive and objective assessment of the changes brought about by a liquidity policy through the direct influence of the policy and the indirect influence of the stock market transmission.At the same time,a case is used to illustrate the impact of the change of liquidity policy on the wind control management of securities companies.This article is divided into four parts.The first part defines the related management theory of liquidity risk and the risk of securities companies,and focuses on the related theories of risk management of securities companies.The second part is the analysis of the background of the liquidity of the securities company.By combining the change of the value at risk and volatility,we can get the current industry situation of A securities company and the background of A securities company's risk management.The third part is to select a A share listed securities company as a case,through its internal risk control measures as an example,to assess its risk control status in the current market environment.The fourth part through adjustment and evaluation,evaluation of liquidity policy directly and indirectly on the securities business and risk control effect,further more comprehensive and objective interpretation of policy changes on liquidity of securities companies,securities companies are also discussed as what needs to be done to prevent and.In the study,we find that there are problems in the adjustment of risk management in securities companies.Liquidity policies will also act on securities market and securities companies,and liquidity tightening will have a negative impact on the financing period and financing scale of securities companies.Prior to the formulation of securities firms policy,the implementation of securities companies is often taken into account,and the natural economic laws of the securities market are ignored.When formulating policies,it is often assumed that some indicators that measure data can ensure the overall size and situation of financial institutions,but may actually ignore the huge impact of policy on the market and then interfere with financial institutions.Through this study,we have a new understanding of the impact of liquidity policy,and also provide a reference for financial institutions to cope with the actual problems.