The normal price of the commodity futures market risk control study
|Keywords||Futures Risk Control|
The futures market is the risk management industry itself there is a certain risk . Throughout the hundred years of the course of development of the international futures market , risk management the futures market organizers and managers can not be avoided , the different stages of development of the futures market are facing the arduous task of risk management and risk control . The last two years , a favorable policy environment for the development of China's futures market provides a vast space. \In 2003 , the China Securities Regulatory Commission will adopt a series of measures to promote the development of China 's futures market , which increase transaction varieties have been listed on the agenda , cotton , corn and other new varieties are expected to . Usher in new opportunities for development in China's futures market , the sources of risk and risk control is still an important issue. The thesis follows the combination of macro analysis and micro analysis , the principle of combining theoretical analysis and empirical analysis . First, the theoretical overview , Deep , step by step, the natural transition to the core content of the argument , that the causes of the normal price risk ; causes of relying on two typical cases , the analysis of non - normal price risk . Second, the combination of the current situation and development of China 's commodity futures market , the use of comparative research methods , analysis of the similarities and differences between Chinese and foreign futures market risk control to identify the defects of China 's commodity futures market run . Finally, suggestions for improvement ideas . This thesis is divided into five parts , the first part is the introduction , introduces the research background and significance ; second part is the overview of the theory , introduced the study of the risk of the futures market risk characteristics and the papers ; The third part is the normal price of the commodity futures market Causes of risk analysis of the new situation of the four sources of risk ; fourth part is the normal price of the commodity futures market risk control countermeasures proposed some countermeasures of control risk . The fifth part is a typical case of the normal price of the commodity futures market risk , Zhengzhou wheat futures were introduced and Shanghai rubber futures risk cases .