ETFs—海外创新经验与中国制度建设

ETFs-Overseas Innovative Experience and China's Institutional Improvement

ETFs(交易所交易基金)自创新以来,以其独具特色的交易制度,倍受全球基金业的重视,成为近十年来发展最为迅速的金融创新之一。在充分借鉴了海外成熟证券市场ETFs创新的经验后,我国目前正式引入了ETFs。对于中国证券市场来说,制度建设重于金融创新,ETFs作为一项金融创新,其成功的关键在制度的建设与完善。

Since the innovation of ETFs, with its distinctive trade system attracts attention of the global fund industry which has become one of the fastest development in financial innovation. After fully using the experience of ETFs innovation in overseas mature market, our country has introduced ETFs formally at present. To China's securities market, the institutional improvement is more important than financial innovation. As a financial innovation, the construction and optimization of its policy determine EIFs' s success.