The Analysis on Virtual Finance and Financial Derivatives

摘要

In the US subprime mortgage crisis,starting with the increasing default rates of the subprime mortgage market,through the transmission and expansion of the banking system and the capital market,especially the derivatives market,the losses brings by the subprime mortgage crisis have exceeded the scope of financial crisis,trying to cause a widespread economic recession in the world.While the financial derivatives,together with the whole virtual economy industry they stand for,have started to become the focus of the research.