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2005年11月,银行间外汇交易市场正式推出做市商制度。由于中国做市0商制度并不是在完全市场化的条件下推出,而是在存在外汇管制的变革市场环境中产生的,有着其独特的历史定位和改革导向,因此也不可避免地出现摸着石头过河的现象。首批13家外汇做市商很大程度承担了中国外汇市场
In November 2005, the market-maker system was officially launched in the inter-bank foreign exchange market. Since China’s market-making system of merchants is not launched under conditions of complete marketization, but arises in a changing market environment where foreign exchange controls exist, it has its own unique historic orientation and direction of reform. Therefore, it is also inevitable that the system of making mistakes The phenomenon of stones crossing the river. The first batch of 13 foreign exchange market makers took a large share of China’s foreign exchange market