随着我国经济的不断发展,我国资本市场制度不断的完善,我国股票市场开始快速扩张。同时,上市企业由于经营状况参差不齐,很多经营不良的上市公司股票仍然在市场交易,股票退出机制的问题不断的出现。本文通过对美国纽交所和纳斯达克市场退出机制的研究,为我国股票市场退出机制的实施提供了借鉴。 With the continuous development of economy in our country, the system of capital market in our country is continuously perfected, and the stock market of our country begins to expand rapidly. At the same time, due to the uneven operating conditions of listed companies, many listed companies that are not well-performing are still traded in the market and problems of exit mechanism of stocks continue to emerge. This paper studies the exit mechanism of the NYSE and NASDAQ markets in the United States and provides reference for the implementation of the exit mechanism of the stock market in China.