摘要
多层次股票市场依交易规则的多层次而形成,股票交易规则主要是由经纪人制定的；在股市运行中,经纪人有着“客户中心”、风险防范、开发创新、维护股市活力和健康发展等功能；市场的核心功能是“交易”,股票经纪人作为一种基本的股市机制创造了股票的买卖双方,也创造了股市；中国应当确立以经纪人机制为主导新层次股市。
A multilayered stock exchanged is determined by the multilayered regulations,and the regulations are mainly formulated by brokers.In the performance of stock exchange,brokers serve as the“Customer Centre”and play essential roles in risk avoidance,innovation,vitalizing the market and securing its development.The kernel function of the market is transaction,and brokerage,as an instinct mechanism,creates both parties of the transaction,thereby creating the market.It is argued in this paper that stock exchanges in China should form a dominating mechanism of brokerage.
出处
《财贸经济》
CSSCI
北大核心
2006年第10期3-9,共7页
Finance & Trade Economics
关键词
经纪人
多层次
股票市场
Brokers
Brokerage
Multilayered Market
Stock Exchange
