This course will enable students to understand and master the origin of modern financial markets and financial institutions in the era of financial technology; the use of traditional financial tools and new financial tools of modern financial technology; the composition of modern financial technology markets and the operation of financial technology institutions and financial technology The basic theory and method of supervision system. Through the study of this course, students will master and understand how modern technology helps and changes the composition and operation mechanism of financial markets. At the same time, we will also combine modern technology to help students understand the theoretical knowledge of risk management and control of modern financial institutions under the background of the development of financial technology, and learn to compare and analyze the development status of domestic and foreign financial technology systems and markets. We hope that this course can enhance students' ability to think, understand and analyze financial markets and financial institutions in the era of rapid technological development. This course is the basic course of the master of finance major, and it is also one of the six recommended professional compulsory courses listed in the guidance document of the Finance Teaching Steering Committee for the training program of the master of finance major. The relevant operating laws and knowledge theories of financial markets and institutions are courses that everyone who studies and engages in finance should understand and master. There is no similar postgraduate course in the subject.