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1990年11月26日,经国务院授权,由中国人民银行批准建立的上海证券交易所正式成立,这是建国以来内地的第一家证券交易所。来自上海等地的25家证券经营机构在开市那天便成为交易所会员,分专业经纪商、专业自营商、监管经纪商和自营商几种。交易所采用现贷交易方式,不搞期货交易,开业初期以债券包括国债、企业债券和金融债券交易为主,同时进行股票交易,以后逐步过渡到债券和股票交易并重。
On November 26, 1990, the Shanghai Stock Exchange, approved by the State Council and approved by the People’s Bank of China, was formally established. This is the first stock exchange in the Mainland since the founding of the People’s Republic. The 25 securities institutions from Shanghai and other places became members of exchanges, sub-branches, specialty dealers, regulatory brokers and self-employed companies on the day of opening. The Exchange adopts the cash-out transaction method and does not engage in futures trading. During the initial stage of its operation, the bonds were mainly traded in bonds, corporate bonds and financial bonds, and the stock transactions were carried out at the same time. Thereafter, the bonds and stock trades will be gradually transferred to both.