1 The financial future is a new financial derivative instrument. lt has developed quickly since it apeared.

2 Stock index future is a new financial derivative instrument. It has two functions: hedging and price discovering.

3 As it were, financial derivative instrument also contained huge risk meanwhile it can spread risk and reduce the cost of capital.

4 As a new financial derivative instrument, mixed asset bonds adopt a pricing model different from traditional bonds due to its unique attribute.

5 As an important derivative instrument in capital market, the securitization of insurance risk is an effective substitute to reinsurance.

6 Convertible bond is a kind of financial derivative instrument with fund raising and risk avoiding functions, which is novel and unfamiliar in our country.

7 If the hedging instrument is a derivative instrument, the gain or loss from the changes in the fair value of the hedging instrument shall be recorded in the profits and losses of the current period.

8 As a new product of financial innovation, financial derivative instrument is taking important part in the international financial market.

9 Index future is a financial derivative instrument based on the stock index, and it plays an important role in the function of financial system.

10 Stock index futures as the innovative financial derivative instrument provide a place to avoid systemic risk in the stock market.

11 Derivative instrument is a "double-edged sword", and the risk of derivative trade exists everywhere.

12 The financial derivative instrument (FDI) is a new thing in market economic system. It is the latest and fastest growing financial instrument in today's international financial market.

13 The Stock Index Futures is a kind of financial derivative instrument used to offset the systemic risks of stock investment and achieve the arbitrage.

14 The 1st part of the article introduces the basic situation of financial derivative instrument and the applying in commercial bank.

15 Interest Rate Liberazation; Interest Rate Risk Management; Interest Rate Derivative Instrument; Value at Risk.

16 Where it shares the same conditions with that of the embedded derivative instrument,[] and the independent instrument meets the requirements of the definition of derivative instrument.

17 It can insure that there is a specific specifying relationship between the derivative instrument and different risk positions.

18 The 3rd part of the article researches the accounting in financial derivative instrument.

19 Credit derivatives appeared in 1990s and were mainly used to reduce credit risk. At the same time, as a financial derivative instrument, it also exists great risk.