20140303第一讲金融法调研报告.ppt

金 融 法 学;金融法讲什么？;;我国的金融法律体系 金融主体法：三大银行法 中国人民银行法 商业银行法 银行业监督管理法 金融工具法： 证券法、证券投资基金法 票据法 关于外汇和期货的法规 金融行为法： 保险法 信托法;;;一、金融市场的含义 （一）金融市场的概念 金融市场是资金融通的场所，是金融资产买卖交易而形成的资金供求的总和。 In economics, a financial market is a mechanism that allows people to easily buy and sell (trade) financial securities (such as stocks and bonds), commodities (such as precious metals or agricultural goods), and other fungible items of value at low transaction costs and at prices that reflect the efficient-market hypothesis. Financial markets have evolved significantly over several hundred years and are undergoing constant innovation to improve liquidity.;;（二）广义和狭义的金融市场 1.广义的金融市场 是指资金供求双方运用各种金融工具以信贷、投资及其他方式进行的资金交易获得的总和。 包括有特定场所的有形市场的资金交易活动，也包括没有特定场所的无形市场的资金交易活动；既包括金融机构之间的资金融通活动，也包括金融机构之外的资金融通活动。 2.狭义的金融市场 一般是指票据、证券买卖交易、金融同业拆借和黄金外汇交易的场所，不包括金融机构的存贷款市场。 ;（三）金融市场的类型 1.国内金融市场、国际金融市场和区域性金融市场； 2.长期资金借贷市场和短期资金借贷市场； 3.资本市场、期货市场、货币市场、衍生产品市场、保险市场、外汇市场和黄金市场等。 Capital markets which consist of: Stock markets, which provide financing through the issuance of shares or common stock, and enable the subsequent trading thereof. Bond markets, which provide financing through the issuance of bonds, and enable the subsequent trading thereof. Also: primary markets and secondary markets. ;Commodity markets which facilitate the trading of commodities. Money markets which provide short term debt financing and investment. Derivatives markets which provide instruments for the management of financial risk. Futures markets which provide standardized forward contracts for trading products at some future date; see also forward market. Insurance markets which facilitate the redistribution of various risks. Foreign exchange markets which facilitate the trading of foreign exchange. ;伦敦股票交易所 Paternoster Square;纽约证券交易所;布鲁塞尔股票交易所;上海证券交易所 深圳证券交易所;东京证券交易所;芝加哥期货交易所（内部）;二、金融市场的要素 金融市场一般应具备市场主体、交易对象、交易工具及交易价格四个要素。 （一）市场主体 Marke