Everbright Securities has a loss of nearly 100 million self -employment, and it will be optimistic about exterior derivatives business in the future.

Author:Zhongxin Jingwei Time:2022.08.26

Zhongxin Jingwei, August 26th (Ma Jing) On the 25th, Everbright Securities disclosed the performance in the first half of 2022: achieved revenue of 5.373 billion yuan, a year -on -year decrease of 32.83%; net profit of home mother was 2.108 billion yuan, a year -on -year decrease of 6.84%; basically basically Each share income is 0.42 yuan/share. The type of business found that the investment in the investment trading business of Everbright Securities lost 98 million yuan, a year -on -year decrease of 317%, which was more obvious for the performance of performance. In contrast, the cluster revenue of the institutional business cluster, including off -site derivatives business, revenue of 524 million yuan, a year -on -year decrease of 8%, and the change is small.

On the 26th, Liu Qiuming, president of Everbright Securities, said at the semi -annual performance briefing of Everbright Securities that the market of off -site derivatives business is still in a stage of development. Ability, optimize the system, and improve management to apply the requirements of different development stages of the market.

The customer business cluster of Everbright Securities mainly includes institutional trading business, main brokerage business, asset custody and outsourcing business, investment research business, overseas institution sales business and financial innovation business. Among them, the financial innovation business is a new departments set up in 2021, which mainly operates off -site options and other equity off -site derivatives.

Liu Qiuming said that Everbright Securities attaches great importance to the development of off -site derivatives. On the one hand, it hopes to continue to develop steadily, and on the other hand, it hopes to consolidate the foundation from team building, infrastructure, and risk control management. In the second half of 2022, the company will further play the company's collaborative advantages in talent, funds, technology, and Everbright Group. I hope that in the future, I can make efforts in the market for options, income swaps, and derivatives in the future.

Everbright Securities' "statement" of off -site derivatives is not alone. Judging from the semi -annual report of the brokerage in the first half of the year's performance, many securities firms, including Founder Securities, have increased their performance due to off -site derivatives business, and also Emphasize it as one of the focus of future development. Chen Fu, a non -silver analyst of Guangfa Securities, pointed out that the institutionalized process of the capital market has driven the needs of brokerage, custody, financing and securities financing business, and derivatives business related to the securities industry institutional institution.

However, although "Qian Jing" is good, the supervision attitude is increasingly cautious. In June, the Securities Regulatory Commission rarely issued a ticket to the off -options business of Huatai Securities, CITIC Investment and CICC, and CICC, which was the first penalty for this year. In early August, a number of public fund managers were spread on the Internet for the investigation of off -site options, and once again put the market's attention to the supervision of overseas options and other derivatives business. Self -checking.

"Supervision is more concerned about off -site derivatives business, which reflects the attitude of supervision to care for the industry and care for business to make it long -term steady development." Liu Qiuming said that the risk prevention and compliance management of off -site derivatives business is mainly three three mainly three. In this link, the first is the access process. It is necessary to review the appropriateness and anti -money laundering of customers to ensure that customers meet the trading conditions of off -site derivatives business. Secondly, in terms of product design, to ensure that the time limit of the contract benchmark meets the regulatory requirements, the requirements for all relevant legal provisions must be meticulous, rigorous and comprehensive. At the same time, it is very important to understand customers. This is a very important point, especially to understand the customer's transaction purpose and motivation, to avoid the options on the off -the -corporate on -site options to become a tool for some customers, institutions to bypass regulatory requirements, or manipulate the market. (For more report clues, please contact the author Ma Jing, mailbox: [email protected]) (Zhongxin Jingwei APP)

(The views in the article are for reference only, do not constitute investment suggestions, have risks in investment, and need to be cautious to enter the market.)

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