本文關(guān)鍵詞：G證券公司融資融券業(yè)務(wù)風(fēng)險管理研究　出處：《陜西師范大學(xué)》2013年碩士論文　論文類型：學(xué)位論文

  更多相關(guān)文章： 證券公司 融資融券 風(fēng)險管理 制度設(shè)計

【摘要】：在境外,融資融券交易已經(jīng)有著400多年的歷史,從世界第一家證券交易所——阿姆斯特丹證券交易所成立之時就已伴隨而生的融資融券,成為當(dāng)時證券市場不可分割的一部分,并延續(xù)至今。我國證券公司在證券市場日益加速的市場化國際化影響下,其面臨的生存形勢不可避免日益嚴(yán)峻。而融資融券的實施,將打破目前證券公司融資渠道不暢和資金短缺的現(xiàn)狀,增加券商股利潤來源,提高競爭能力。過往在證券公司主營業(yè)務(wù)收入占比最重的經(jīng)紀(jì)業(yè)務(wù)收入比例逐漸下降,取而代之的是創(chuàng)新業(yè)務(wù)收入,如融資融券、股指期貨業(yè)務(wù)等。因此,融資融券業(yè)務(wù)的風(fēng)險管理重視程度與日俱增,需嚴(yán)格控制各種風(fēng)險對融資融券業(yè)務(wù)的收入產(chǎn)生影響。 中國證券市場自上世紀(jì)70年代萌芽,以上海證券交易所和深圳證券交易所的成立為標(biāo)志,至今已發(fā)展30多年,世界上最年輕的證券市場之一。特別是近二十年來,證券公司跟隨著證券市場的發(fā)展步伐,其資產(chǎn)規(guī)模和業(yè)務(wù)范圍得到了快速的擴(kuò)張。證券公司的市場競爭力,由其所支配的資產(chǎn)及所占有的市場份額來決定。雖然我國券商經(jīng)歷了多輪增資擴(kuò)股,但相對于國外證券公司,規(guī)模仍然偏小抗風(fēng)險能力還是不足。 課題通過對G證券公司的融資融券業(yè)務(wù)開展情況及風(fēng)險控制進(jìn)行多維度分析,通過國內(nèi)外市場融資融券業(yè)務(wù)的發(fā)展現(xiàn)狀對比,分析證券公司融資融券業(yè)務(wù)開展過程中遇到的問題和挑戰(zhàn),對G證券公司融資融券業(yè)務(wù)中的各個流程環(huán)節(jié)進(jìn)行梳理,運用風(fēng)險管理理論,提出解決策略與建議,對G證券公司實現(xiàn)可持續(xù)發(fā)展具有一定的借鑒意義。 本文以國內(nèi)外融資融券業(yè)務(wù)發(fā)展歷程為基礎(chǔ),對證券公司的融資融券業(yè)務(wù)進(jìn)行了深入研究和分析,結(jié)合G證券公司的實際案例,概括目前融資融券業(yè)務(wù)開展過程中產(chǎn)生的各種問題,并根據(jù)風(fēng)險管理理論,對證券公司進(jìn)行融資融券業(yè)務(wù)發(fā)展中各個環(huán)節(jié)存在的主要問題,研究解決策略,提出合規(guī)風(fēng)險防范建議。
[Abstract]:Overseas, margin trading has a history of more than 400 years, from the world's first stock exchange-Amsterdam Stock Exchange has been accompanied by margin financing since the establishment of the stock exchange. Become an inseparable part of the securities market at that time, and continue to this day. China's securities companies in the securities market increasingly accelerated under the impact of market-oriented internationalization. It is inevitable that the survival situation is becoming increasingly serious, and the implementation of margin financing will break the current situation of securities companies financing channels and capital shortage, and increase the profit source of securities companies. In the past, the proportion of income of brokerage business, which accounts for the highest proportion of the main business income of securities companies, has gradually decreased, and instead of innovative business income, such as margin trading, stock index futures business and so on. The risk management of margin and short margin business is being paid more and more attention, so it is necessary to strictly control the influence of various risks on the revenue of margin and short margin business. China's securities market has been developing for more than 30 years since -30s, marked by the establishment of Shanghai Stock Exchange and Shenzhen Stock Exchange. One of the youngest securities markets in the world, especially in the past 20 years, the securities companies have followed the pace of the development of the securities market, its asset size and business scope has been rapidly expanded, and the market competitiveness of securities companies. Although our securities companies have experienced many rounds of capital increase and stock expansion, compared with foreign securities companies, the scale of securities companies is still relatively small to resist risks. The subject through the G securities company margin business development and risk control multi-dimensional analysis, through the domestic and foreign market margin business development status comparison. This paper analyzes the problems and challenges encountered in the process of securities companies' margin and short selling business, combs all the flow links in the G securities companies' margin and margin business, and puts forward the solving strategies and suggestions by using the theory of risk management. G securities company to achieve sustainable development has certain reference significance. Based on the development of margin trading business at home and abroad, this paper makes a thorough study and analysis of securities companies' margin and margin business, combining with the actual case of G securities company. Summarize the current margin business development process of the various problems, and according to the risk management theory, securities companies in the development of margin trading business development of the main problems, research and solutions. Make recommendations on compliance risk prevention.
【學(xué)位授予單位】：陜西師范大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2013
【分類號】：F272.3;F832.39

【參考文獻(xiàn)】

相關(guān)期刊論文 前10條

1 王敏玉;;我國開展融資融券業(yè)務(wù)的必要性及其對策[J];商業(yè)研究;2008年06期

2 陳X;;淺析融資融券業(yè)務(wù)給我國證券業(yè)帶來的機(jī)遇與挑戰(zhàn)[J];長春金融高等�？茖W(xué)校學(xué)報;2010年02期

3 王如富;;融資融券交易制度研究[J];銀行家;2006年05期

4 袁莉;;試析我國證券市場的融資融券業(yè)務(wù)[J];財會通訊;2011年05期

5 盧太平;宋根苗;;我國融資融券業(yè)務(wù)模式的選擇[J];財會月刊;2009年11期

6 周蓓蓓;;我國證券市場推出融資融券的影響及風(fēng)險控制[J];財會月刊;2009年20期

7 盧太平;宋根苗;;試論融資融券業(yè)務(wù)對我國證券市場的影響[J];當(dāng)代經(jīng)濟(jì)管理;2009年01期

8 陳紅;;我國證券信用交易風(fēng)險控制的幾個法律問題研究[J];法商研究;2008年05期

9 廖士光;楊朝軍;;賣空交易機(jī)制、波動性和流動性——一個基于香港股市的經(jīng)驗研究[J];管理世界;2005年12期

10 黃麗娜;;對我國融資融券交易運行現(xiàn)狀的分析與問題剖析[J];經(jīng)營管理者;2011年06期

，

本文編號：1413840