基于反操纵的证券交易信息披露制度分析

Analysis on the Mechanism of Security Transaction Information Disclosure Based on Anti-manipulation

本文从基于反操纵的证券交易信息披露角度出发,分析了市场透明度理论与实证研究成果,对交易所交易信息披露制度进行了国际比较,并针对我国当前两个交易所的市场透明度现状,提出应当在广泛借鉴国际经验的基础上,进一步完善我国证券交易信息披露对象、内容和渠道的建议。

The paper, setting out from the perspective of disclosing trading information on the basis of anti-manipulation, and aiming at the current status of market transparency in our national two exchanges, comparing the different disclosure mechanisms internationally, offer proposals for perfect object, content and channel of trading information disclosure.