免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

By Zhang Chenghui and Li Shifeng, Research Institute of Finance, the DRC

Research Report No 30, 2014

Abstract

The financial options market is the most important part of the financial market. It serves to hedge against risk, reducing financial market fluctuation and providing auxiliary tools for currency policies. The interest rate risk and exchange rate risk is rising due to interest rate liberalization and marketization of the RMB exchange rate. The market will promote financial options products to strengthen risk management and improve protection from financial risk and real economy risk. China, as a great nation, requires a financial market with matched economic power. Developing a financial options market is a necessary task in completing China's financial market.

To reduce or avoid the negative effects of financial options, it should launch stock index options, foreign exchange options and interest rate options. It should also speed up the process of legal construction and actively develop a financial spot market based on the options market.