我国场外金融衍生品交易商监管:路径选择与制度完善  

Supervision of OTC Financial Derivative Dealer in Our Country: Path Selection and System Perfection

作　　者：熊玉莲[1] 

机构地区：[1]华东政法大学,200042

出　　处：《上海经济研究》2012年第12期68-73,86,共7页Shanghai Journal of Economics

基　　金：国家社科基金项目"金融衍生产品投资风险控制法律制度研究"(10BFX065);教育部人文社科规划项目"场外金融衍生产品法律监管研究"(09YJA820023)的阶段性成果;华东政法大学经济与商务研究中心的资助

摘　　要：场外金融衍生品交易商是市场交易和风险控制的重要主体。我国应将目前针对市场参与者的监管转变为对交易商的监管,在统一市场分层,突出交易过程监管的同时,构建以交易商为基础的场外金融衍生品风险防控机制。在制度建设上,重点要完善核心交易商的风险揭示制度和适当性判断规则,使最终用户在了解风险的基础上进行交易决策,并使特定风险产品与特定参与者的认知水平和风险承受力相适应。OTC financial derivatives dealer is the main body of market trading and risk control. We should supervise dealers instead of market participants, construct the risk control mechanism of OTC financial derivatives, and unify market classification and outstand process supervision at the same time. In the system construction, the most important thing is to improve the dealers＇ risk disclosure and suitability judgment rules, so that the end user can make trading decision in understanding of the risk, and specific risk products can be suited to the participants＇ cognitive level and risk affordability.

关 键 词：场外金融衍生品 交易商 监管 路径选择 制度完善 

分 类 号：F831.5[经济管理—金融学]