| China's stock market continued to specification development, has achieved many successful experiences, but there are also some problems. Some of these restrictions, the securities market to play its own features, including the margin trading business has not yet been released.Margin trading business able to open the current lack of formal financing channels for China's securities market, capital market and money market situation can be changed separately, which greatly improve the efficient use of financial resources. Introduction of margin trading business systems, not only can effectively inhibit the asset price bubble, but also to improve the present there is only so many "unilateral City" situation, so that the securities market to establish a real short-mechanism, improve the securities trading mechanism,Margin trading business system for the establishment of the core issue is the choice of trading patterns.Abroad or region are mainly three kinds of modes, namely, decentralized credit model, focused on centralized credit credit models and dual-track model. They were each deposit characteristics, all with their country' or region's financial, stock market-based matching. Margin trading business with a credit leverage magnified itself has a natural risk. China's securities market development is still at an early stage, this lack of response to prevent the experience, if the lack of risk prevention may cause the entire stock market affected.In this paper, theoretical analysis and comparative analysis method discussed margin trading business, the nature of today's three kinds of foreign countries or regions the main margin trading business model to summarize the main features, comparison, analysis, combined with China's securities market practice situation, choose the margin trading business in China used by pattern: concentration of credit transaction mode. |
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