金融衍生品市场路在何方

Financial Derivatives Market:What Road to Take

次贷危机后金融衍生品交易受到各国金融监管强化的影响,金融监管对场外市场的影响大于场内市场。但是基于马克思霸权兴衰理论的分析,可以发现金融衍生品市场的未来并不取决于监管,而是取决于产业创新的成败。

Financial derivatives trading suffers from the strengthening of financial supervision by all countries after the Subprime Crisis.The effects of the financial supervision to the over-the-counter market are greater than that in the field.But based on the analysis of Marx's hegemony boom and slump cycle theory,we can clearly notice that the future of financial derivatives market depends on the success or failure of industrial innovation,not on the financial supervision.