本文選題：證券公司 + 信用交易風(fēng)險(xiǎn)�。� 參考：《吉林大學(xué)》2014年碩士論文

【摘要】：在證券行業(yè)不斷創(chuàng)新的今天，信用交易業(yè)務(wù)的推出極大的加快了我國證券行業(yè)金融創(chuàng)新的步伐，使我國證券行業(yè)走向成熟又邁進(jìn)了堅(jiān)實(shí)的一步。信用交易業(yè)務(wù)的推出，對于投資者將產(chǎn)生極其深遠(yuǎn)的影響，擴(kuò)大了投資者投資交易的方式，改變了證券公司的盈利模式，增加了證券公司的盈利能力。 信用交易業(yè)務(wù)的開展有利于為投資者提供多種輔助交易手段和駕馭風(fēng)險(xiǎn)手段；有利于提升投資者的資金使用效率；有利于證券內(nèi)在價(jià)格的實(shí)現(xiàn)。信用交易業(yè)務(wù)同時(shí)為證券公司與投資者融資成功率的提高、刺激成交活躍；有利于促使證券公司增加一種新的盈利模式、提高投資者對證券供求需求的放大；有利于證券公司的相關(guān)產(chǎn)品的推出和客戶服務(wù)創(chuàng)新推動并且使證券市場的總體交易規(guī)模和證券流動性逐步擴(kuò)大。 東北證券股份有限公司于2012年6月獲得信用交易業(yè)務(wù)試點(diǎn)轉(zhuǎn)常規(guī)后第一批開展信用交易業(yè)務(wù)資格，開業(yè)兩年多以來，業(yè)務(wù)發(fā)展勢頭良好，業(yè)務(wù)規(guī)模獲得較快增長。東北證券股份有限公司于2013年7月分別取得深交所、上交所股票質(zhì)押式回購業(yè)務(wù)資格并開展了首單交易。東北證券股份有限公司取得了深圳證券交易所于2014年2月2日開展約定購回式證券交易權(quán)限，于2013年2月28日取得上海證券交易所同意開展約定購回式證券交易的權(quán)限。 本文再對東北證券股份有限公司的信用交易業(yè)務(wù)開展的情況和風(fēng)險(xiǎn)控制進(jìn)行分析各個(gè)方面的情況下，利用風(fēng)險(xiǎn)管理理論，來分析東北證券股份有限公司信用交易業(yè)務(wù)開展過程中各個(gè)環(huán)節(jié)的困難和機(jī)遇，梳理東北證券股份有限公司信用交易業(yè)務(wù)中的各個(gè)流程環(huán)節(jié)并提出合理改進(jìn)方案進(jìn)行，解決策略及建議的提出，對于東北證券股份有限公司的可持續(xù)發(fā)展具有一定的借鑒意義。 本文以國內(nèi)外信用交易業(yè)務(wù)發(fā)展中的歷程為基礎(chǔ)，進(jìn)行深入研究和分析證券公司的信用交易業(yè)務(wù)風(fēng)險(xiǎn)控制，其中我國在證券信用交易風(fēng)險(xiǎn)控制上，，政策采取的是較為苛刻。結(jié)合東北證券股份有限公司的實(shí)際情況，涵蓋目前信用交易業(yè)務(wù)開展過程中產(chǎn)生的各種問題，對存在其中各方面的證券公司信用交易業(yè)務(wù)發(fā)展的主要問題，重點(diǎn)提出解決方法，提出了合理化的進(jìn)化提出的方案合規(guī)風(fēng)險(xiǎn)防范的意見，，信用交易業(yè)務(wù)的風(fēng)險(xiǎn)如何面對預(yù)防，建立一套完善的風(fēng)險(xiǎn)監(jiān)控體系，為東北證券股份有限公司建立完備的風(fēng)險(xiǎn)監(jiān)控體系，提供了相關(guān)的理論支持。 信用交易的風(fēng)險(xiǎn)控制是否有效將是關(guān)系到信用交易業(yè)務(wù)正常進(jìn)行的重要組成部分。根據(jù)風(fēng)險(xiǎn)點(diǎn)來分，信用交易在券商、標(biāo)的證券、保證金、市場穩(wěn)定性、債權(quán)保障等等任何一方面倘若控制的不當(dāng)，都可能引起證券行業(yè)的變動，可能在短期內(nèi)提高市場風(fēng)險(xiǎn)并起到“助漲助跌”的效果。隨著我國證券市場的發(fā)展壯大，信用交易相關(guān)經(jīng)驗(yàn)日益增加完善，相關(guān)的控制措施我們就可以逐步放松，使信用交易擴(kuò)張資金得以發(fā)揮效率并發(fā)揮立竿見影的效果。
[Abstract]:Continuous innovation in the securities industry today launched credit trading business greatly accelerates the financial innovation of China's securities industry pace, China's securities industry matures and a solid step forward. Introduce the credit trading business, will have far-reaching impact on investors, expanding the investor trading mode change the securities company profit model, increase the profitability of securities companies.
Credit business is to provide a variety of auxiliary means of trading and risk control means for investors; conducive to enhancing investor funds use efficiency; is conducive to the realization of the internal price. Securities credit trading business for securities companies and investors to increase the success rate of stimulation, active; urge the securities companies to increase a new the profit model, improve investor to amplify the supply and demand for securities; securities companies to launch related products and customer service and innovation to promote the securities market overall transaction size and stock liquidity gradually expanded.
In June 2012, Northeast Securities Limited by Share Ltd to obtain conventional credit trading business after the first batch of pilot qualifications to carry out credit trading business, has opened more than two years of business, a good momentum of development, the scale of business increased rapidly. The Northeast Securities Limited by Share Ltd in July 2013 were made of Shenzhen, Shanghai Stock pledged repo business qualification and launched the first single northeast trade. Stock Limited by Share Ltd made the Shenzhen stock exchange in February 2, 2014 to carry out the type of securities repurchase agreement transaction authority, in February 28, 2013 the Shanghai stock exchange agreed to carry out the agreement to repurchase securities trading style permissions.
In this paper, the Northeast Securities Limited by Share Ltd credit business development and risk control of all aspects of the situation, using the risk management theory, to analyze the Northeast Securities Limited by Share Ltd credit trading business links in the process of the difficulties and opportunities, combing the various aspects of the process of Northeast Securities Limited by Share Ltd credit transactions and put forward reasonable solution to propose solutions and suggestions, has certain reference significance for the sustainable development of Northeast Securities Limited by Share Ltd.
In this paper, the domestic and foreign credit trading business in the development process as the basis of credit trading business risk control research and analysis of the securities company in China in the risk control of securities credit transactions, the policy adopted is relatively strict. Combined with the actual situation of Northeast Securities Limited by Share Ltd, covering a variety of problems in the course of the business of credit transactions the main problems of the development of credit trading business of securities companies in all aspects, put forward the basic solution, the paper puts forward reasonable evolutionary scheme compliance risk prevention advice, how to face the risk of credit transactions and prevention, establish a set of perfect risk control system, establish a complete risk control system the Northeast Securities Limited by Share Ltd, provides the relevant theoretical support.
The risk control of credit transaction effectiveness will be an important part in relation to the normal operation of the credit transaction. According to the risk points, credit transactions in securities, securities, bonds, market stability, debt guarantee and so on hand if any control improperly, may cause changes in the securities industry, may improve the market risk in the short term and to add fire effect. With the development of China's securities market, credit transaction experience increasingly perfect, the relevant control measures we can gradually relaxed, the credit expansion funds to play efficiency and play an immediate effect.

【學(xué)位授予單位】：吉林大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2014
【分類號】：F832.39

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