摘要
ETF作为资本市场一支重要力量,近年来全球市场规模快速增长。我国ETF市场经历20多年发展,ETF产品以其独特的优势,如低成本、高透明度、灵活性和多样性等成为我国投资者资产配置的重要工具。ETF市场规模壮大的同时,衍生了流动性有待提升、配套机制需进一步完善、产品同质化严重等问题。本文从ETF产品的发展现状和挑战两个角度进行分析,并从ETF产品创新、策略创新、交易机制、技术推动等方面进行展望。
ETFs,as an important force in the capital market,have seen rapid growth around the globe in recent years.China's ETF market has experienced more than 20 years of development,and ETF products,with their unique advantages such as low costs,high transparency and greater flexibility,have become an important tool for asset allocation by China's investors.While the ETF market has grown,it has struggled with problems such as insufficient liquidity and inadequate support mechanisms as well as a lack of variation in the products themselves.This paper analyzes the development status and challenges of ETF products and assesses the potential for product innovation.
作者
王培斌
李雪文
李连山
WANG Peibin;LI Xuewen;LI Lianshan(President of Chasing Securities Co.,Ltd;General Manager of Fixed Income Department of Chasing Securities;Director of Macro-strategy Investment and Research of Fixed Income Department of Chasing Securities)
出处
《金融市场研究》
2024年第12期76-82,共7页
Financial Market Research
关键词
ETF市场
产品创新
金融科技
ETF Market
Product Innovation
Financial Technology
作者简介
王培斌,财信证券股份有限公司总裁;李雪文,财信证券固定收益部总经理;李连山,财信证券固定收益部宏观策略投研总监。