询价交易快速增长的成因及影响  

Rapid growth in OTC transactions： Causes and influences

作　　者：王伟亮[1] 戴清[1] 徐力[1] 

机构地区：[1]国家外汇管理局天津市分局外汇综合处

出　　处：《中国货币市场》2006年第7期38-39,共2页China Money

摘　　要：自2006年初银行间外汇市场引入询价交易和做市商制度以来，外汇市场询价交易呈快速增长态势，这源于询价交易具有交易成本低、清算速度快以及价格确定自主灵活等优势，但另一方面，市场还存在着授信难、做市商非美元交易报价少等问题。为进一步活跃市场，该文提出了如加强市场交流、引导做市商积极报价等政策建议。Since the introduction of OTC transactions and market-maker system to the interbank FX market in eady 2006, OTC transactions in the FX market has witnessed rapid growth, which is due to OTC＇s advantages of low trading cost, quick settlement as well as independent and flexible pricing. However, the market still has the problems of difficult credit granting and scarce quotes of non-USD currencies by market makers. To add more vigor to the market, this paper puts forward suggestions of enhancing market communication and guiding market makers to make active quotations.

关 键 词：询价交易 银行间外汇市场 天津 

分 类 号：F270[经济管理—企业管理]