天津股权交易所经过近两年的发展,一方面市场规模日益扩大;另一方面,借鉴国外成熟场外交易市场的发展规律与经验,对中国场外交易市场建设的模式进行了积极探索,初步形成了一系列具有特色的市场发展模式,包括“小额、多次、快速、低成本”的私募融资模式、做市商为主的混合型交易模式、全国市场与区域市场相结合的双层递进式市场结构模式以及统一制度下多主体共同参与的自律监管模式。
<<As the development of Tianjin Equity Exchange nearly two years,on the one hand,the market scale are expanding gradually;on the other hand,according to the experience of foreign matured over-the-counter market,we are exploring the construction pattern of China’s over-the-counter market actively,and we have built our own mode preliminarily,which includes a series of characteristic:private financing pattern of “small,many times,rapid and low cost”,mixed trading system focusing on market maker,double progressive market structure mode combining the national market with regional market,and the self-discipline supervision mode of multi-agent participation under unified system.
<<Keywords: | InnovationPatternTianjin Equity Exchange |