Financial Regulation in the Face of Global Change——On the Self-discipline Management of Futures Market Aiming at Cross-border Risk Control
The futures exchange is the infrastructure of the futures market,and the stable and continuous occupa-tion of the futures exchange is the core basis and premise of the stability of the futures market.China has established a legal supervision system for the futures market,and the status and function of the self-regulatory management of the futures ex-change have been confirmed by a series of laws.In the background of today's global changes,as China continues to promote the internationalization of the futures market,futures exchanges themselves are also facing many difficulties in cross-border risk supervision and control.Based on the analysis of the causes of cross-border risks in the futures market and the current countermeasures,this paper will examine the risk-prevention effect of the self-regulatory rules of China's futures exchan-ges by referring to the self-regulatory rules of overseas futures exchanges,and consider the further improvement of the self-regulatory rules of China's futures exchanges.It aims to help achieve the above goals through the cooperation and ap-plication of relevant self-regulatory rules,and play a firewall role against the spread of cross-border financial risks.
Futures ExchangeCross-border Risk Control of FuturesSelf-discipline Management