Research on the Development of China's Foreign Exchange Derivatives Market and Countermeasures

Abstract

This paper discusses the current situation, development problems and countermeasures of China's foreign exchange derivatives market based on the problems of backward development, mismatch between volume and economic scale, structural imbalance, low participation of enterprises, single variety, lack of innovation and related talents, single participating body, inadequate supervision and lack of risk prevention ability since the birth of China's foreign exchange derivatives market, and proposes countermeasures to improve the participation and financial literacy of enterprises, increase innovation, enrich clearing methods, expand the scope of participating bodies in the foreign exchange derivatives market, improve the regulatory system and system, and enhance market transparency.