Page 64 - 期貨和衍生品行業(yè)監管動(dòng)態(tài)（2024年3月）
P. 64
期貨和衍生品行業(yè)監管動(dòng)態(tài)
supervision, guiding stock exchanges and CFFEX to strengthen the linkage of futures
and spot regulation, look-through regulation of various types of trading behavior,
including high-frequency trading, and cracking down on market violations in
accordance with the law. Moving forward, CSRC will continue to implement the spirit
of the Central Financial Work Conference, comprehensively strengthen supervision,
and effectively protect the smooth and healthy operation of the market.
http://www.csrc.gov.cn/csrc/c100028/c7465088/content.shtml
2. 中國證監會(huì )新聞發(fā)言人就私募基金 DMA 業(yè)務(wù)有關(guān)情況答記者問(wèn)（2024 年 2
月 28 日）
問(wèn)：近日，有媒體報道私募基金 DMA 業(yè)務(wù)收緊，證監會(huì )對此有何評價(jià)？
答：多空收益互換（DMA）是私募基金與證券公司開(kāi)展的市場(chǎng)中性策略交
易，私募基金多頭選擇一籃子股票，同時(shí)使用股指期貨套期保值，獲得對沖后的
選股收益。前期，私募基金因策略原因在市場(chǎng)波動(dòng)過(guò)程中出現了部分凈值回撤，
證券公司和私募基金等主動(dòng)加強風(fēng)險防控，穩步降杠桿、降規模，風(fēng)險得到了一
定程度消化。根據中證機構間報價(jià)系統股份有限公司數據，春節后開(kāi)市以來(lái) DMA
業(yè)務(wù)規模穩步下降，日均成交量占全市場(chǎng)成交比例約 3%。DMA 業(yè)務(wù)平穩降杠
桿，有助于市場(chǎng)風(fēng)險防控，有利于市場(chǎng)的平穩健康運行。
下一步，證監會(huì )將對 DMA 等場(chǎng)外衍生品業(yè)務(wù)繼續強化監管、完善制度，指
導行業(yè)控制好業(yè)務(wù)規模和杠桿，嚴厲打擊違法違規行為，維護市場(chǎng)平穩運行。
China Securities Regulatory Commission Spokesperson Responses to the Press’
Inquiries on DMA Tradings of Private Equities (2024/2/28)
Q: Recently, there have been media reports that DMA tradings of private equity
funds has been tightened, what are the China Securities Regulatory Commission
(CSRC)’s comments on this?
51
