境外市场客户交易信息披露经验的借鉴与思考

提高信息透明度是市场发展的努力方向之一。目前国内证券期货市场一般做到部分会员层级的数据披露;但是从最新情况来看,部分境外市场已经开始适度公开客户信息,如台湾期货市场2008年4月7日开始公布三大法人的交易及持仓数据。提高市场信息披露程度,适度公开主要交易群体的交易信息,有助于维护不同投资者之间的信息公平,能够利用市场力量来规范和抗衡市场操纵等违规企图,提高监管效率,降低监管成本,值得借鉴。

Overseas markets experiences in customer transaction information disclosure

Improving information transparency is one development direction of the market. Now domestic securities and futures markets in China have disclosed the information of some of their members. But some other markets, for example, Taiwan future market have begun to disclose the information of its clients. Improving information transparency and disclosing the trading information of main institutional investors conduce to sustain the equity among different investors, restrict the attempt of market manipulation by ...