本文运用做市商制度的基本理论,分析了我国目前场外交易市场的交易制度及其效率现状;认为做市商制度是解决现有的交易机制信息不透明、流动性差等问题的有效途径,中国全国场外交易市场的建设必须引入做市商制度。在此基础上,对如何构建我国做市商制度体系进行了探讨。
<<According to the basic market-maker system theory,this paper analyzes the conditions of present China’s OTC trading system and its efficiency,maintaining that the market-maker system is an effective way to solve the problem for the current trading system which is not transparent and poor-liquid after analyzing China’s existing OTC market system and its current situation,and it also explains the necessity for national OTC market to introduce the market-maker system,and then discusses how to develop market-maker system.
<<Keywords: | OTCMarket-maker SystemTrading Model |