对衍生金融工具风险的控制措施研究

由于衍生金融工具具有规避价格变动风险、套期保值、获得可观的投机收益等优势，使它的数量和品种得到极大的发展。衍生金融工具对经济的杠杆效应，推动了经济发展的同时也带来了巨大的风险。控制风险目前成为亟须解决的问题。在归纳出对衍生金融工具产生影响的六大主要因素的基础上，结合最近二十年间衍生金融工具交易的典型案例，提出了六项控制措施。这六项措施涉及到了企业的风险控制体系的完善、体系活力的保持两大部分。积极地采用这六项措施，将会有效地控制衍生金融工具所带来的风险危害。实现企业利益的最大化。

Research on Control Measures on the Risk of Derivative Financial Instruments

The derivative financial instruments are highly approved of, and the types of derivation are enormous, because of their avoiding the circumvention risk, keeping the value, and seeking the congenial income. Certainly, the leverage of derivative financial instruments not only push the development of eeonomy, but also bring enormous risk. The first and most important question is the control of the risk which is for the investment of derivative financial instrument. After summarizing the six main factors which affect the derivative financial instruments mostly, and typical derivative transactions during 20 years, this paper proposes six control measures. These measures deal with improving the control measure system at risk and keeping the activities of the system. With these measures being used firmly, companies would control risk more easily and benefit from the investment of derivative financial instruments.