Research On The Design And Pricing Of Shanghai-shenzhen 300 Index Linked Capital Preservation Financial Products

At present,our country has been into the New normal economy,the way of investing and financing activities in China's ordinary residents is very rich,in the face of market interest rate tightening,increasing financial demand,residents' financial management thinking is gradually formed.With growing financial market in China,the commercial bank financial management products in the domestic residents' asset allocation proportion is rising.Recently,residents demand for ordinary deposit has been reduced,as compared to the time deposit,a financial product and the period of the same benefits at least more than 2%.Although Internet financial various similar to "yu'ebao" in the financial management make a person dazzling,the yield and income also has a certain competitive advantage,but commercial bank financial management products rely on the Banks of the platform,with its reliable and safe characteristics favored by the residents.Banking financial products is not strange to us,but to hear the bank structured financial products,many people may be confused.It also belongs to the bank financial products,is in the release of ratio and relatively few in number.Based on the csi 300 index linked guaranteed products belong to product of index-linked class of structured financial products,it is by the time deposits,bonds and other fixed-income products and the csi 300 index options combined to a kind of innovative financial products.The financial product design can make the product the purchaser not less than fixed-income revenues,at the same time also can be dispersed on the personalized design some of the risks may lay hold on in order to meet the needs of investors' assets.In this paper,from the first index linked the meaning and classification of wealth management products,laid a good foundation for later analysis,flow,then the bank structured financial products in China was introduced and the subordinate point to link up with the status quo of financial products,let the reader to the current situation have a basic understanding.Secondly,to point to link up with guaranteed product line to study its basic ideas and principles in the design process.Again,in the product pricing section,respectively for fixed-income parts and options pricing,respectively.In fixed-income part,mainly adopt the method of the discount.And the option pricing part mainly includes the Black-Scholes pricing formula,binary tree pricing and monte carlo simulation method.Finally,the huaxia bank to issue a csi 300 index linked guaranteed products using the monte carlo simulation method for pricing.