Research on Derivatives Markets in Financial Development

Author: Hu Huaibang
Publisher:
Publish Date: 2000-04-01
Features: China currently does not have a strictly defined financial derivatives market. However, as the date of China's entry into the World Trade Organization (WTO) approaches and the degree of openness in China's financial market increases, it is imperative to relax regulations, accelerate innovation, develop multifunctional banks, encourage participation in international financial derivatives markets, and develop China's own financial derivatives market to enhance the competitiveness of financial institutions and enterprises. This book conducts an in-depth preliminary study on several major theoretical and practical issues of financial derivatives markets from the perspective of financial development. The practical significance of this research will gradually become apparent in the near future.