What financial innovative products are there?

Question 1: What financial innovations are new products? Normally, I wouldn't tell you. If I tell you, it will become an old product. Financial products have no copyright, and the copying method is simple.

Question 2: Briefly describe the main types of financial innovation. Financial innovation can be roughly divided into seven categories:

(1) financial system innovation

(2) Financial market innovation

(3) Financial product innovation

(4) Innovation of financial institutions

(5) financial resources innovation

(6) Financial science and technology innovation

(7) Financial management innovation

Details are as follows:

(1) financial system innovation

A country's financial system always evolves with the changes of political, economic, credit system, financial policy and other financial environments. This evolution is not only a structural change, but also an essential change in a sense. Financial system innovation includes the reform and development of financial organization system, supervision system and market system. It affects and determines the financial property rights, credit system, financial subject behavior and financial market mechanism and other aspects of the situation and operation quality.

(2) Financial market innovation

Financial market innovation mainly means that bank operators develop new markets according to the opportunities brought by the operating environment in a certain period of time. Modern financial markets generally include: 1. Differentiated markets, such as money market, foreign exchange market, capital market, gold market, securities market, mortgage market and insurance market. 2. The aging market, divided by duration, includes short-term capital borrowing market, bill discount market, short-term borrowing market and short-term bond market. There are long-term capital markets, such as long-term bond market and stock market. 3. Regional markets, such as domestic financial markets and international financial markets. Financial market innovation mainly refers to the opening up of new financial markets by microeconomic entities or the establishment of new financial markets by macroeconomic entities. Due to the transition and transformation from financial market to advanced financial market, closed financial market has entered and expanded to open financial market.

(3) Financial product innovation

The core of financial products is the function of meeting demand, including financial instruments and banking services. The form of financial products is the type, characteristics, methods, quality and reputation of products required by customers, which makes customers convenient, safe and profitable. In the international financial market, most financial innovations belong to the innovation of financial products.

(4) Innovation of financial institutions

The innovation of financial institutions is based on the content and characteristics of financial innovation management, aiming at creating new operating institutions and establishing a complete system.

(5) financial resources innovation

Financial resources refer to talents, funds, finance, information, etc. It is a necessary prerequisite to ensure the normal operation of banks. The innovation of financial resources mainly includes the following aspects: 1. Source innovation of financial resources. First of all, the normal operation of the financial industry must have specialized talents. The sources of talents include cultivating and absorbing senior talents from other institutions and introducing foreign senior professionals. Secondly, there must be sufficient sources of funds, which requires the operators of financial institutions to keep abreast of the dynamics of the capital supply market, explore and seek new channels of capital supply, and open up new debt business. 2. Structural innovation of financial resources. The structure of financial resources includes timely and accurate information, large proportion of senior professionals, reasonable debt structure and advanced financial management. It can create business efficiency and methods ahead of peers. 3. Innovation of financing methods. There are different ways to attract and gather different financial resources, so bank operators should constantly create new means, gather the financial resources they need in the most economical and effective way, and rationally allocate these resources in order to maximize the benefits in their operations.

(6) Financial science and technology innovation

Financial technological innovation and financial liberalization since 1970s. Mainly reflected in banks and non-bank financial institutions, financial services pay attention to speed and efficiency, and the application of science and technology in the financial field has had an epoch-making impact on financial business. On the one hand, it has narrowed the distance between the financial market in time and space, on the other hand, it has diversified and internationalized financial services.

(7) Financial management innovation

The innovative mechanism of financial management includes two aspects: on the one hand, the state indirectly manages the financial industry through legislation, with the goal of stabilizing the currency and developing the economy; On the other hand, the internal management of financial institutions should establish a sound internal control mechanism, including institutional management, credit fund management, investment risk management, financial management, labor and personnel management, etc. At present, the focus of financial institution management is to limit the use of funds through the sources of funds and realize the total amount and structure of bank assets and liabilities. & gt

Question 3: What are the financial innovations of banks? After China's entry into WTO, the banking industry will directly face the challenges of foreign banks. For its own survival and development, the urgent task is financial innovation.

Financial innovation: refers to new things produced or introduced through the reorganization and creative changes of various elements in the financial field, including the innovation of financial system, financial business and financial organizational structure.

Financial innovation tools are characterized by high returns and high risks. First of all, financial innovation tools are leveraged, that is, to get more investment with less capital cost and improve investment income. Generally, it is based on the price of the original tool, and it is not necessary to pay the full value of the relevant assets when trading. As long as you pay a certain percentage of margin or margin, you can get the right to operate the relevant assets, and realize the reverse trading of financial innovation tools and settle the price difference within a certain period of time. This "small and wide" trading method may bring high returns to traders, but it may also bring huge losses;

Secondly, financial innovation tools are virtual, that is, securities are independent of real capital movement, but they can bring certain benefits to securities holders. The price change of financial innovation tools with virtual characteristics is divorced from the physical movement process. Once formed, it will inevitably lead to a part of monetary capital staying in this kind of securities that can earn interest, thus gaining the right to operate risk profits. The market consequence of virtualization of financial innovation tools is that the scale of financial innovation market greatly exceeds the scale of primary market, even far away from primary market.

At present, there are four main trends in international financial innovation:

Innovation and diversification of financial products and financial instruments.

The importance of off-balance sheet is increasing day by day.

Securitization of financing methods.

The trend of financial market integration.

The forms and methods of financial innovation of commercial banks mainly include: (1) imitation method. Mainly refers to learning the financial innovation products of western developed countries and quickly imitating their applications. Its advantages are low innovation cost and high innovation speed. However, due to the differences of financial systems and economic development levels in different countries, complete imitation may not meet the needs of domestic markets and customers. (2) Improved methods. It refers to introducing some improvements on the basis of innovation in the same industry in developed countries and China, combined with the actual situation in China and our bank. This kind of innovation is often easily accepted because it takes into account the actual situation of the country and the effect is good. However, because it is not original and has no technical barriers, it is easy to be imitated by other banks and form homogenization. (3) Combination method. It refers to the recombination of various business elements or service methods to form financial products different from the past. This combination contains many contents, such as the combination of demand deposits, time deposits and savings deposits, the combination of local and foreign currency deposits, financial derivatives and so on. Making full use of various elements of this banking business can meet the needs of different customers. (4) creative method. Refers to financial products and services created by banks but not provided by other financial institutions. This is the original source of innovation, but also a magic weapon to maintain an advantage in the competition. However, this kind of innovation is difficult, and it is often developed by the head office of commercial banks, and branches of large commercial banks can also develop it. Developing small banks is costly, and sometimes it is not worth the loss.

Question 4: What are the financial innovations in the United States? Most financial innovations come from the United States. Futures options first appeared in the United States and developed in Changshu (regardless of similar products that did not form a scale in Europe before, such as options that appeared in the Dutch tulip boom), and mature futures options exchanges also first appeared in the United States, the most famous of which was CBOT. Moreover, there are many innovative products in financial derivatives in the United States, many of which are unexpected. Other common derivatives include forwards, swaps and swaps.

The recent far-reaching financial innovation is asset securitization. This kind of financial innovation, the source of the subprime mortgage crisis in 2008, actually had a very favorable impact on economic development, and the financial crisis itself was not caused by this kind of financial innovation. Asset securitization has revitalized the assets of banks, promoted the vitality of the economy and the turnover of funds, and brought profound influence to the finance of the whole world.

Financial innovation continues, and some cutting-edge products may be under development and design. The financial background of the United States lies in the vitality of the market, and the pace of financial innovation will not stop.

Question 5: What innovations are there in the financial products of city commercial banks? Up to now, most wealth management products in China are issued by banks. Mainly because Chinese banks are different from overseas banks, most of them have no state-owned banks, and their risks and credit ratings are very high. However, most foreign banks are private banks, and making products overseas requires tripartite evaluation or guarantee. If you want to be a bank product, it is recommended to mainly look at the investment target and guarantee. At present, most bank products are guaranteed by guarantee companies, and the evaluation results are just a formality. At present, if the evaluation results made by CCB and ICBC do not meet your product risk attributes. The system prompts you that other banks basically ignore it. No matter how big the risk you assess, you can buy the product. If you want to know your own risk attributes, you can go to Morningstar Fund Analysis Network. A comprehensive evaluation is more comprehensive and objective than what I have seen so far. I would also like to remind you that since there is no legal requirement in China to make products with risk assessment, the assessment results given to you by both joint venture banks and state-owned banks are just floating clouds. Don't rely too much on this assessment result to make products. It is easy to be fooled and easy to let yourself not seek solutions. If you do it in Beijing, you can consult your account manager for reference.

Question 6: What are the contents of financial innovation in western countries? Contemporary financial innovation has many types, wide scope and high speed, which can be classified from different angles. There are various classification methods, which can be divided into active innovation and adaptive innovation according to the nature of innovation activities; From the origin and inducement of financial innovation, it can be divided into demand-induced innovation and constraint-induced innovation; According to the purpose of innovation, it can be divided into three categories: avoiding control, reducing costs and avoiding risks; According to the degree of innovation, it can be divided into two categories: transformational and creative. The former refers to making changes on the basis of existing business activities, management methods and institutional settings, while the latter refers to creating brand-new businesses, methods or institutions. 1April 1986, the Bank for International Settlements summarized the types of financial innovation as: risk transfer, increasing liquidity, credit creation and equity creation. Generally speaking, international financial innovation mainly includes three aspects. (I) Innovation of financial instruments Innovation of financial instruments means that the financial industry can create new and diversified financial products in a timely manner according to the evolution and expansion of various credit forms, such as securities, bills of exchange, financial futures and other trading objects with new characteristics in terms of payment methods, term, security, liquidity, interest rate and income. The innovation of financial instruments is the most important content of financial innovation and the foundation of all other financial innovations. For example, the innovation of financial instruments leads to the emergence of financial futures based on traditional financial products and general commodity futures, mainly including interest rate futures, currency futures and stock index futures. (2) Financial market innovation Financial market innovation refers to the financial industry actively expanding the scope of financial business and creating new financial markets through financial instrument innovation. The European stock market originated in the early 1970s. American securities companies first set up branches in the European bond market in London, and then set up branches around the world to conduct international securities transactions. Other countries have followed suit. In the 1980s, with the internationalization of securities trading and the continuous progress of technology, the financial industry could not only engage in cross-border stock trading and bond trading, but also issue its own bonds and stocks in other countries, basically forming a global securities market. The European bill market is formed on the basis of the original European syndicated loan market and European bond market, which combines credit and bond flow and has the dual attributes of short-term bank credit and liquid securities. (III) Financial system innovation Financial system innovation refers to the institutional changes of financial organizations or financial institutions. It not only refers to the financial innovation activities caused by the adjustment of financial policies and deregulation of financial authorities in various countries, such as establishing new organizations and implementing new management methods to maintain the stability of the financial system, but also includes the reforms made by financial organizations in the financial institution system.

Question 7: What innovative Internet financial products are there in 2065438+04? Most innovations in the financial field are pseudo-innovations, and money will not produce a lot of economic benefits because it moves around. It is necessary for this nation to look down on those empty ones and pay more attention to industry.

Question 8: What are the financial innovations on Wall Street? In fact, the current innovation is mainly in two aspects. One is financing, from traditional lending and shareholder investment to derivative bonds, trusts, post-insurance trusts, and equity and creditor's rights swaps.

Second, in terms of trading, direct trading has changed to spot forward trading and swap trading, and from option trading with physical field to trading without fixed target. Corresponding gambling clauses, etc.

Question 9: What financial innovations have influenced you personally in recent 10 years? For me, the most used is the pre-sale house. I have invested before and accumulated some wealth, but now I can't. ...

Question 10: List three financial innovative products in the world in the last hundred years, and briefly explain their advantages and disadvantages. 5 points are products of Ma Yun's Alipay and Ma Hua Teng.