摘要
衍生品合约在本质上属合同之列,亦应受《合同法》调整,但在平衡自由价值与公平正义价值时,应充分考虑其射幸性。从合同到市场,衍生品合约的法律规制由自由与公平正义二元价值间的线性平衡嬗变为安全、效率、自由和公平正义四元价值间的立体平衡。在"期货法"立法过程中,当基于此四元价值体系对立法宗旨、场外衍生品调整、衍生品种上市、强制减仓、持仓限额、投资者适当性等具体问题作出回应。
The derivatives contracts on the nature belongs to contracts, and should also be adjusted by Contract Law. But whenbalancing the fi：ee value and the fair and justice value, full consideration should be given to its aleatory. From the contract to the mar-ket, the legal regulation of the derivatives contracts changes from the linear equilibrium of binary value of freedom and justice to thethree-dimensional balance among four aspects such as safety, efficiency, freedom and justice. In the process of legislation of ＂Law onFutures＂, responses should be made on legislation purpose, OTC（over the counter） derivatives adjustment, derivatives listed, forcedunderweight, position limits, investors qualification etc. on the basis of these four legislative value system.
出处
《西部金融》
2016年第4期19-23,42,共6页
West China Finance
关键词
期货法
衍生品
法律价值
law on futures
derivatives
legal value
