The establishment of the non-litigation mediation mechanism in resolving financial disputes adheres to the trend of diversifying the dispute settlement mechanisms.However,when it comes to Shanghai,it easily see these prominent problems:the third-party mediation mechanism has caused great waste of institutional resources;securities mediation mechanism violates the basic economics principle of supply and demand;judicial confirmation of non-litigation mediation agreements could distort some basic norms in mediation law.The completion of Shanghai non-litigation mediation mechanism in resolving financial disputes not only can optimize resources allocation,but also provides reasonable and effective dispute settlement platforms for financial markets.Specific improvement measures are as follows:firstly,current institutional resources should be integrated to enhance the usage efficiency;secondly,various incentives can be offered according to the features of non-litigation mediation mechanisms;last but not least,the docking of conciliation agreements and arbitration awards replace judicial confirmation.