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영어

In Aug. 1998, the State Council of the People’s Republic of China started with the second round of reorganization of futures market, announcing “a Notice Concerning the Further Reorganization and Regulation of Futures Market” for the purpose of reinforcing the supervision over Futures market, as well as managing the risk thereof. Throughout this round, it has established such principle as “to continue the experimental test, to reinforce the supervision, to regulate on the legal basis, and to manage the market risks.” The main undertakings of it could be summed
up as follows: a continuous reorganization; adjustment of Future Exchange; rearrangement of the future product; heightening a deposit for certain products; a ban on illegal exchange of futures; rearrangement of future brokers; a strict control over off-board transactions and so forth.

중국어

期貨市場監管目標的實現、离不開科學合理的期貨市場監管模式的确立。本文梳理了期貨市場建立時期、兩次淸理整頓階段、規范發展時期以及当前結构性變革時期的期貨監管模式的變遷史、歸納了監管模式
變化的軌迹、硏究了其与監管績效間的關系、以期爲下一步期貨市場監管模式的完善提供借鑒。