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一、我国证券交易中心的历史和现状自1991年以来,证券交易中心首先在我国经济比较发达的大中城市建立起来,至今全国已发展到17家。证券交易中心是地方区域性证券交易市场,它为证券经营机构集中证券交易提供场所、设备及登记、清算、交割等服务,其地位仅次于上海、深圳证券交易所,其区域大小不一,一般立足中心所在地,辐射全省(市)直至全国,上市交易品种有国债、地方企业债券、基金券等。证券交易中心的发展大体上经历了二个阶段。第一阶段是向区域性证券交易所发展。此期间中心广招会员,组织尽可能多的证券上市交易,鼓励和吸引更多的投资者入市,力争成为中国第三、第四……家交易所。第二阶段是向全国统一证券市场方向发展。此阶段最显著的特征是实现了证券交易中心与沪、深证券交易所联网运作。目前福建、沈阳、武汉、南方、四川、海南、青岛、湖南、安徽、哈尔滨、北京等15个交易中心已经正式联网运行,它们不仅承担起沪、深证交所网络中继站的职责,还进行反向渗
I. History and Current Situation of China’s Stock Exchange Center Since 1991, the stock exchange center was first established in large and medium-sized cities with relatively developed economy in our country. So far, 17 securities exchanges nationwide have been developed. The Stock Exchange Center is a local regional stock exchange market. It provides places, equipment and services for registration, clearing and settlement for centralized stock exchange of securities institutions. It ranks second only to Shanghai and Shenzhen Stock Exchanges in terms of size, Generally based on the location of the center, the radiation of the province (city) until the country, the listing of varieties of bonds, local corporate bonds, bond coupons. The development of securities trading center has basically gone through two stages. The first stage is to develop the regional stock exchange. During this period, the center broadened its membership to organize as many securities exchanges as possible to encourage and attract more investors to enter the market and strive to become the third, fourth and fourth home exchange in China. The second stage is to develop a unified national securities market. The most prominent feature of this stage is the realization of the stock exchange and Shanghai and Shenzhen Stock Exchange network operation. At present, 15 trading centers in Fujian, Shenyang, Wuhan, southern China, Sichuan, Hainan, Qingdao, Hunan, Anhui, Harbin and Beijing have been formally interconnected. They not only assume the responsibilities of the network relay stations of Shanghai and Shenzhen Stock Exchanges, Infiltration