国内首例公开报道的银行理财诉讼——汇丰双利存款诉讼显示，在“存款”名义下发生的是“存款合同+期权合同”的场外金融衍生交易，在银行与客户之间形成了新的收益-风险分配模式。

The nature of commercial banks' financial products to individual clients is fixed-income products, but many of them have reference to financial derivatives which increase market risk.

youdao

《金融时报》解释称，这种风险在场外交易市场尤其普遍，而交易所开放式指数基金(etf)、外汇期权和多种大宗商品衍生品的通常进行场外交易。

The FT explains that this risk is particularly prevalent in over the counter markets, where ETFs, foreign exchange options and a number of commodity derivatives trade.

youdao

大量采用金融关联机构、场外交易衍生产品、回购资金市场、对冲基金和证券化的影子银行的做法被带到了监管的阳光下。

Shadow banking-through large, interconnected financial firms, OTC derivatives, "repo" funding markets, hedge funds, and securitization-is brought into the regulatory daylight.

youdao