交易商明晰证券业场外业务功能定位

Core Viewpoint - The report highlights the proactive role of over-the-counter (OTC) derivatives traders in supporting national strategies and the real economy, showcasing their contributions to the financial sector through various initiatives and case studies [1]. Group 1: OTC Derivatives Empowerment - 44 OTC traders participated in a survey, with 42 providing effective data and case studies, demonstrating the industry's achievements in the financial sector [2]. - In the technology finance sector, 17 traders customized OTC derivatives to meet the complex needs of tech companies and investors, facilitating capital flow into the tech sector through innovative products [2]. - In green finance, 30 traders developed a low-carbon economy service system, utilizing OTC derivatives to support green industries and optimize resource allocation [2]. Group 2: Inclusive Finance and Pension Finance - 30 traders expanded their service coverage in inclusive finance, providing affordable financial services to small and micro enterprises, farmers, and the general public, enhancing economic resilience [3]. - In pension finance, traders are focusing on comprehensive wealth management for residents, offering innovative risk management and personalized solutions through OTC derivatives [3]. Group 3: Digital Finance - 37 traders emphasized the use of financial technology in OTC business development, transitioning risk management from experience-driven to algorithm-driven approaches [4]. Group 4: Consensus on Function Positioning - Traders reached a consensus on the role of OTC derivatives in the high-quality development of the securities industry, recognizing their ability to connect on-market and off-market activities and act as a stabilizing force [5]. - OTC derivatives provide customized, flexible, and refined management tools for professional investors, meeting diverse investment needs [5]. - The business model of OTC derivatives is driving strategic transformation and service upgrades for traders, enhancing their core capabilities in risk management and digital empowerment [5]. Group 5: Challenges and Recommendations - Despite achievements, traders face challenges such as limited business types, disparities in funding and talent, and the need for improved understanding of regulatory guidance [6]. - Recommendations include enhancing top-level design, supporting robust cross-border business systems, strengthening digital investment, and promoting positive industry image [6].