权证交易对资本市场的影响

On the Impact of Trade of Shareholder's Certificate in Capital Market

随着股权分置改革的进行,权证作为一种新的金融衍生品种产生了。权证交易对我国资本市场具有深远的影响。权证的推出有利于改善上市公司的治理结构,提高投资者参与市场投资的积极性及风险管理水平。

With the re-formation of shareholder rights separation process, shareholder certificate is becoming a new financial derivative. The trade of shareholder certificate has deep impact on our country＇s capital market. The promotion of shareholders certificate is helpful to improving quoted firm＇s management structure, raising investors enthusiasm in market investment and risk management.