国内外汇期权市场概况  

Overview of Domestic Foreign Exchange Option Market

作　　者：王元恺[1] 周叔媛 Wang Yuankai;Zhou Shuyuan

机构地区：[1]中国建设银行总行金融市场部 [2]中国建设银行博士后科研工作站

出　　处：《工程经济》2023年第6期56-64,共9页ENGINEERING ECONOMY

摘　　要：本文首先梳理总结了全球期权的起源和发展历程,统计分析了不同期权产品的交易量,据国际清算银行统计,2022年全球外汇期权交易额达3043亿美元。其次,本文梳理了中国期权市场的发展历程,人民币外汇期权是我国第一个真正成功的期权产品。最后,本文分析了中国商业银行人民币外汇期权市场现状。随着人民币汇率波动的增加,市场主体汇率避险意识不断增强,外汇期权产品交易量显著提高。This paper first summarizes the origin and development of global options,and analyzes the trading volume of different options products.According to the statistics of the Bank for International Setlements,the global foreign exchange options trading volume in 2022 reaches 304.3 billion dollars.Secondly,the paper combs the development process of China's option market and concludes that RMB foreign exchange option is the first successful option product in China.Finally,we analyze the current situation of the RMB foreign exchange option market of Chinese commercial banks.With the increase of the fluctuation of the RMB exchange rate,the market participants awareness of exchange rate risk aversion has been continuously strengthened,and the trading volume of foreign exchange option products has increased significantly.

关 键 词：期权市场 外汇期权 人民币汇率 

分 类 号：F832.6[经济管理—金融学]