摘要
随着沪深 300 股指期货的推出，期货行业服务实体经济理念的明确，中国的
经济迎来了一个崭新的春天，这给期货市场带来了活力。在中国期货公司蓬勃发
展的同时潜在的危险也不容忽视。本文基于 JS 期货公司风险管理研究，对我国期
货公司风险管理进行了研究，针对目前期货公司存在的一些风险以及风险产生的
原因进行了分析，并对风险进行了分类，将国际先进的风险管理理论和方法与中
国期货公司实践相结合，提出了全面风险管理的务实操作，为我国期货公司风险
管理活动提供了指导的作用，这也促使我国对于期货公司的监管有了强有力的参
考价值。这对于我国期货市场的繁荣与人民生活水平的提高有着密不可分的作用。

本文在借鉴《巴塞尔新资本协议》经验时，立足于国内对期货公司所要面临
的风险进行归纳总结。针对每一类风险提出管理操作务实方法，对构建全面风险
管理的组织架构提出了设想，对于期货公司实施全面风险管理的每一风险类别进
行了风险管理论述，并提出了相应的措施。

关键词：期货公司；风险管理；全面风险管理；风险管理体系
Abstract
With the launch of the CSI 300 stock index futures, the futures industry service
concept of the real economy is clear, China's economy has ushered in a new spring,
which brought vitality to the futures market. Dangerous could not be ignored in Chinese
futures companies.
This article is research-based the JS futures companies risk management, studied
Chinese futures company risk management , according to the futures company has some
risks and risk causes are analyzed, and classifies the risk, will the international advanced
risk management theories and methods and combined with the practice of Chinese
futures company, put forward total risk management of practical operation, for Chinese
futures company risk management activities to provide a guiding role, this also makes
China the futures company supervision has a strong reference value. The futures market
of our country 's prosperity and the improvement of people's living standard has an
inseparable role.
The unique feature of this paper is in linking theory with practice, learn from the
experience of the New Basel Capital Accord, based on domestic futures companies
have to face the risks summarized. Pragmatic approach for each category of risk
management operations, and vision to build a total risk management organizational
structure for futures companies to implement a total risk management for each risk
category the risk management discussion and propose appropriate measures.
Key words：Futures companies, risk management ,Total risk management , risk
management system