Category: Money tips Release Date: 2007-01-05
Securities and Exchange place is for the circulation of securities issued, the transfer market, the place from the centralized trading market and the OTC Markets.
First, the role of the securities trading market for all types of securities to facilitate the transaction and sufficient conditions;
Second, trading securities for a variety of open, fair and adequate price competition, to find a reasonable price of the deal;
Third, the implementation of an open, fair and timely disclosure of information;
Fourth, to provide a safe, convenient, quick trading and clearing conditions;
5 is to provide quick, convenient, and reliable transfer of the registration requirements.
Are briefly described below focus on exchange market and OTC.
Concentrated market
Centralized trading market is an organized market, refers to a certain place, certain amount of time, according to certain rules, focused on the sale of certain types of securities issued, the formation of the market, mainly referring to stock exchanges. Stock Exchange as a venue for securities trading is not for profit organization, which in itself does not hold the securities, nor to engage in securities trading, and certainly can not decide on the price of securities transactions. Stock Exchange for trading turnover of the parties to create or provide the conditions, and monitor both sides.
OTC market in the securities transactions, many securities does not pass through Stock Exchange, but outside the stock exchange the securities institutions. Many securities institutions (such as securities companies) set up a special counter securities, investors can go to the counter trading of securities, and therefore the OTC market, also known as the counter market.
