An empirical study on the foreign exchange market’s liquidity after the introduction of the market-maker system

摘要：

In this paper, the financial marker microstructure theory is the basis, China’s foreign exchange markermaker system is the object of the study. By combining the theoretical analysis and empirical testing method , this paper investigate the changes of the foreign exchange market’s liquidity after the introduction of the marketmaker system, and proved the system indeed played a positive role in our foreign exchange marker.

关键词： Theforeignexchangemarket Market-makersystem Liquidity

作者: Li shuyin Liu dan

作者单位: School of Economics Beijing Technology and Business University Beijing, China School of Economics Beijing Technology and Business UniversityBeijing, China

会议类型: 国际会议

会议名称: 2011 International Conference on Business Management and Electronic Information(2011商业管理与电子信息国际学术会议 BMEI2011)

会议地点: 广州

会议语种:英文

页码: 1-6

在线出版日期: 2011-05-13（万方平台首次上网日期，不代表论文的发表时间）