人民币外汇期权市场的发展方向及建议

The Direction of and Suggestions for RMB FX Options Market Development

随着人民币国际化和汇率市场化改革不断深入,人民币外汇期权市场前景广阔。文章结合我国人民币汇率走势和外汇期权市场当前发展状况,探讨了人民币汇率双向波动环境下,人民币外汇期权工具适用策略,并针对市场运行存在的不足,从进一步丰富产品结构、完善波动率曲面定价、丰富定价模型等方面提出市场发展建议。

With the continuous deepening of the RMB internationalization and market-oriented exchange rate reforms,the RMB FX options market sees a bright future.Combining the trend of the RMB exchange rate and the current development of the FX options market,this article discusses the applicable strategies for FX options tools in the context of RMB twoway fluctuations,and provides market development suggestions from the perspectives of enriching product structure and pricing models,and improving volatility surface pricing.