两会期间，在资本市场有关的提案中，发展金融期货方向的建议成热点。

During the two sessions,In the capital market related proposals,The direction of the development of financial futures suggested that into a hot spot.

　　据记者从参会代表处获悉，目前陆续有建议发展相关金融衍生品的提案提交，方向集中在推出国债期货、第二期指以及外汇期货等。

According to the reporter learns from attending representative office,Now suggest development related derivatives with proposal submitted,Direction is focused on the national debt futures/The second phase of the means and foreign currency futures.

　　其中，据记者从全国政协委员、华东师范大学教授黄泽民处获悉，其日前提交的提案正是建议尽快推出外汇期货，丰富实体经济避险工具。

Among them,According to reporters from the CPPCC national committee/East China normal university professor Huang Zemin has learned,The submitted proposal is the proposal to launch as soon as possible futures,Rich real economy hedging tools.

　　黄泽民指出，现阶段，我国推出外汇期货条件已基本成熟。现行的外汇管理体制，上市外汇期货不存在制度障碍，推出外汇期货可行。

Huang Zemin pointed out,At this stage,Present condition of foreign exchange futures has been basically mature.The current foreign exchange management system,Listed foreign exchange futures don't exist institutional obstacles,Foreign currency futures is feasible.

　　其建议国家外汇管理局在发展银行间外汇市场的同时，统筹考虑、同步推进场外和场内人民币外汇市场协调发展，依托中国金融期货交易所建设人民币外汇期货市场。

It suggested that the state administration of foreign exchange in the development of inter-bank foreign exchange market at the same time,As a whole to consider/Synchronous propulsion otc and based on the coordinated development of RMB foreign exchange market,Relying on the construction of the China financial futures exchange the renminbi foreign exchange futures market.

　　外汇期货仅是整体金融衍生品建设体系建设中的一部分。去年年底，中金所总经理张慎峰就表示，在确保股指期货平稳运行的基础上适时推出国债期货，积极稳妥发展其他权益类金融期货期权产品以及利率外汇期货期权等金融衍生品。

Foreign currency futures is only part of the overall financial derivatives construction system.At the end of last year,Cicc Zhang Shenfeng is said by general manager,In ensuring that stock index futures running smoothly on the basis of releasing national debt futures,We will actively yet prudently develop other equity financial futures and options products and interest rate in foreign exchange financial derivatives such as futures and options.

　　而其中，国债期货更是重中之重。据了解，此次两会期间，国债期货相关的提案占据了金融期货相关提案中的大半。

And one of,National debt futures is Paramount.We have learned,During the two sessions,National debt futures proposals related to occupy the most in the financial futures related proposals.

　　在此前证监会最新发布的2012年两会提案办理工作情况中，就明确表示，下一步将继续做好国债期货上市准备工作。

Two sessions in 2012 after the CSRC's latest proposal to deal with work,Has made it clear that,The next step will continue to make preparations for Treasury bonds futures market.

　　目前，国债期货的仿真交易已运行超过一年时间，对于其真正开放，各方表态皆是万事俱备，进入读秒。

At present,National debt futures simulation trading has run more than a year,For the truly open,All comments are quite,In seconds.

　　最新的动向是证监会在2月底发布了《期货公司风险监管指标管理办法》及《关于期货公司风险资本准备计算标准的规定》，并自2013年7月1日起实施。

The latest trend is the CSRC released at the end of February[Measures for the administration of futures companies risk supervision indicators]and[About the futures companies risk capital to the provisions of the calculation standard],And since July 1, 2013 implementation.

　　在这次修改中出现了一个关键指标的修改，期货公司经营境内经纪业务需按客户境内权益总额（保证金存量）的一定比例计算风险资本准备金，其原基准比例为6%，修改为4%。

In the modified the emergence of a key indicator of changes,Futures companies operating within the territory of brokerage business should be according to the customers within the territory of total equity(Margin of stock)The proportion of the risk capital reserve calculation,The original benchmark was 6%,Changed to 4%.

　　这在业内人士看来，正是为不久将启动的期货公司配合银行等机构参与国债期货交易做出准备。因为作为国债现券持有大头的银行，以何种方式参与国债期货，正是此前国债期货推出筹备过程中一直悬而未决的问题。

It seems to the personage inside course of study,It is for will soon start the futures company cooperate with Banks and other institutions to participate in the national debt futures trading to make preparation.Because as the bulk of Treasury cash holding Banks,In what way to participate in the national debt futures,Is the national debt futures introduced in the process of preparation has been pending issues.

　　如果借用此前股指期货等借道期货公司参与的方式，那么银行持券规模带来的巨量保证金，将是对期货公司资本红线的巨大考验。

If use after stock index futures through futures companies to participate in such as way,The bank ChiQuan scale brings the huge amount of deposit,Will be a great test to futures companies capital red line.

　　“这是监管层在期货公司与其他机构合作参与国债期货交易打开空间。”一位北京期货公司负责人对记者指出。

"This is regulators on the futures companies and other institutions to participate in the national debt futures trading open space."The head of a futures company in Beijing told the reporters said.

　　虽然有所放松，但银行能否直接参与、以何种方式参与，仍是悬在国债期货头上最大的难题。

Although the relaxed,But the Banks can be directly involved in/In what way to participate in,Biggest problem is still hanging in the national debt futures head.

　　在期货公司看来，一旦银行直接参与国债期货交易，将对期货公司未来的业务空间带来极大的竞争压力。“我们很担心这点。”上述负责人指出。

It seems to futures companies,Once the bank directly involved in the national debt futures trading,Will future business space for futures companies bring huge competition pressure."We are very worried about this."The director said.