Font Size: a A A

Research On Legal Problem In Market Maker Rule In China’s "National Equities Exchange And Quotations"

Posted on:2015-06-10Degree:MasterType:Thesis
Country:ChinaCandidate:W DouFull Text:PDF
GTID:2296330422989743Subject:Civil and Commercial Law
Abstract/Summary:PDF Full Text Request
The expansion of the market maker system after the introduction of nationalequities exchange and quotations market, a lot of people outside the industry iseagerly looking forward to the initiatives that the market maker can not onlystabilize the market, enhance market liquidity function, but also can correct uneventrading, price manipulation and other suppression; but there are many in theindustry question the attitude that " national equities exchange and quotations"market if you want to get involved in a wide range of investors, we must abandonthe market maker system.In this paper, Combine the field of law and finance basic theory about the"national equities exchange and quotations" and the market maker system, trying tointroduce market-maker system from how to analyze the market to start three newboard, detailed analysis of China’s new three-panel market trading andmarket-making system legal relationship quotient system to foreign capital marketmaker system in applying the law to inspect the details of the different countries,the main regional market maker system of qualifications, duties, rights, and legalregulation proposed on this basis to Implications of the introduction of three newboard maker system of law and learn. Based on the analysis of the new three-panelmarket introduction of the necessity and feasibility and legal obstacles and reasonsfor market maker system, combining the characteristics and problems of the newthree-panel market, the paper further proposes improve our three new board fromthe legislative level, the practical level, etc. recommended legal system marketmaker system.This paper studies the legal issues three new board maker system moresystematic, with some exploratory, can enrich the theoretical study of three newboard areas, research on similar issues three new board market reforms andsecurities trading system and so have a certain reference significance.
Keywords/Search Tags:NEEQ, National Equities Exchange and Quotations Market, Market maker Rule, Securities trading system
PDF Full Text Request
Related items