公司风险规避市场化的金融创新思考

笔者提出金融工程市场的新概念,即指运用多种金融衍生产品研制成的个性化的公司风险规避产品的交易市场,而非指一般的融资方式、渠道以及股票债券金融产品的发行和买卖。这一市场同时具有保值规避风险和投机套利的功能,它不仅是单个金融产品、组合的金融产品的交易,更是风险规避策划、思路、工具创新以及整套方案的综合产品的交易集合。我国的公司风险管理宜市场化、社会化、专业化,并对个性化公司风险管理系统进行构架。

A project for financial innovation on avoiding company' risk from specialization market

The paper proposes a new concept about financial engineering market.This concept refers to the trading market provides personalized company risk-control products which utilize many kinds of finance derivative products,this market doesn't only refers to the general financing way,or the channel as well as the finance product,such as stock bond issuing and trading.This market simultaneously has the hedging and arbitrage functions,it doesn't only include the single financial product,the combination financial product transaction,it also includes the risk-control plan,the tool innovation as well as whole set plan which is comprehensive product transaction set.Our country's company risk management should develop into marketability,socialization and specialization,and constructing the personalized company risk management system.