Research On Risk Control Of HT Securities Company's Margin Trading Business

With the rapid development of the securities market,the margin financing and securities lending business is the focus of China's securities market innovation business.Since its business in 2010,its business scale has expanded rapidly.The financing business not only makes up for the short-selling mechanism in China's securities market,but also enhances the liquidity of funds in the financial market.It also provides investors with feedback on securities prices and risk aversion.However,due to the leveraged trading characteristics of the margin financing and securities lending business,although it has enriched the profitability of investors and securities companies,it has increased economic returns,but it also brings greater risks.Therefore,how to effectively control the risk of margin financing and securities lending business has become a key factor for the stable development of securities companies' margin financing and securities lending transactions.This paper combined the actual situation of HT Securities' margin financing and securities lending business to conduct risk control research.This paper first introduced the basic knowledge of the concept,characteristics and functions of margin financing and securities lending.By comparing the development history and business model of margin financing and securities lending business in China and other developed countries,we realized the gaps and take the best of them to get rid of it deeply.Secondly,by studying the current development of the financing and securities lending business of HT Securities and the status of risk management control,we realized the purpose,principles and management control structure of HT Securities' margin financing and securities lending business risk control.Next,HT securities company's margin trading business was identified the specific types of risk assessment and described the company's optimal design for various types of risks briefly.Finally,the risk control of the HT securities company'smargin trading was analyzed the safeguard measures of the implementation plan.