English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

The economic development is inseparable from the financial facilitation, and the power of financial development is from the innovation. The financial innovation becomes an important thrust of the survival and development of financial industry. With the wide application of information technology, the financial information has become a common topic in the financial industry. But in the process where the financial industry carries out financial innovation and produces positive effect, it also breaks the original balance, causing a certain degree of negative influence and thus producing financial risks. This article conducts a research by taking the complex derivative KODA (also called accumulator) as an example to interpret KODA’s structure, nature and the financial risks induced thereby. It analyzes the reason for the happening of financial innovation, and meanwhile proposes corresponding advice to prevent the risks, expecting to have a conducive discussion with everyone

Innovation Risk of the Financial Derivatives in China – Taking the accumulator as an example