我國股指期貨的主要風險及其法律對策
發(fā)布時間:2018-06-22 17:30
本文選題:股價期貨 + 風險防范 ; 參考:《暨南學報(哲學社會科學版)》2012年07期
【摘要】:股價指數(shù)期貨,是一種把股票價格指數(shù)作為標的物的期貨合約。通常來說,我國的股票指數(shù)期貨主要有市場風險、流動性風險、法律風險、基差風險、市場規(guī)則風險、交割風險、操作風險和股指期貨市場的政府行為風險。導致上述風險主要由于股指期貨市場和現(xiàn)貨市場的投機程度具有一定差異,我國期貨監(jiān)管措施不完善,股指期貨合約設計、品種選擇等市場規(guī)則不合理,投資者獲得信息不對稱性等原因。應對我國股指期貨風險,應該健全市場監(jiān)管體系,完善我國一元三級的監(jiān)管模式,建立并完善股指期貨市場風險防范,完善股指期貨市場的風險控制機制和期貨業(yè)協(xié)會自律監(jiān)管制度,盡快出臺《期貨交易法》,使得以上所討論的風險防范機制上升到法律的層面,制定完善的股票指數(shù)期貨法律并嚴格依法監(jiān)管。
[Abstract]:Stock index futures is a kind of futures contract which takes stock price index as the subject matter. Generally speaking, there are market risk, liquidity risk, legal risk, base risk, market rule risk, delivery risk, operation risk and government behavior risk in stock index futures market in China. These risks are mainly due to the differences in the degree of speculation between the stock index futures market and the spot market, the imperfect regulatory measures for futures in our country, the unreasonable market rules such as the design of stock index futures contracts, the selection of varieties, and so on. Investors access to information asymmetry and other reasons. To deal with the risk of stock index futures in our country, we should perfect the market supervision system, perfect the supervision mode of one yuan and three levels, establish and perfect the risk prevention of stock index futures market. To improve the risk control mechanism in the stock index futures market and the self-regulatory system of futures industry associations, and to issue the Futures Trading Law as soon as possible, so that the risk prevention mechanism discussed above is raised to the legal level. Make perfect stock index futures law and strictly supervise according to law.
【作者單位】: 海南政法職業(yè)學院政法管理系;
【分類號】:D922.287;F832.51
【參考文獻】
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1 楊紫p,
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