金融衍生工具的风险探析

金融衍生产品交易在我国的发展还处于初级阶段，而对于远期外汇交易、期权、掉期等金融衍生工具的运用，外资银行早已达到炉火纯青的地步。一旦允许外资银行开办远期结售汇之类的中间业务，必将很有竞争力。所以在中国金融界积极运作金融衍生工具之时，其风险研究非常必要。本文从金融衍生工具隐含的金融风险角度出发，深入探析了金融衍生工具对金融体系稳定性可能产生的威胁，以期对金融衍生工具有更为清醒的认识，并为防范金融风险提供一定的参考。

Risks of Financial Derivatives

In China, the foreign banks can effectively and skillfully apply the financial derivatives, but the national banks are in the early stage in this field. If the foreign banks are permitted to perform the media business, it will be a great challenge to Chinese banking. Therefore, there are risks in applying the financial derivatives in Chinese banking. The paper, from the aspects of the hidden financial risks when the financial derivatives are applied, analyzes the threats to the stability of financial system, and makes known the financial derivatives to prevent financial risks.