How to Promote the Healthy Development of Financial Derivatives in China

First, give priority to the development of simple products and reduce the difficulty of supervision; Second, we can give priority to the development of the OTC derivatives market, such as stock interest rate futures and options, exchange rate futures and options, and gradually accumulate useful experience for the development of the OTC derivatives market, because OTC transactions will be safer with very strict supervision and trading systems, margin policies and many other institutional guarantees; Third, strengthen the construction of relevant laws and regulations to create a good legal and policy environment for the development of financial derivatives market; Fourth, strengthen the research on accounting treatment and information disclosure of financial derivatives and establish a transparent market environment; Fifth, improve the research and development and pricing ability of financial institutions on financial derivatives, and improve the service efficiency of China's financial industry through the reasonable quotation of RMB derivatives made by ourselves, thus further enhancing the core competitiveness of financial institutions.