关于外汇市场交易制度的思考

On the FX market＇s trading system

该文从简要阐明价格形成机制与市场交易制度密切相关着手，分析了指令驱动和报价驱动这两种市场交易制度，在此基础上对国际外汇市场交易制度的发展状况进行了概述，并分析了当前我国外汇市场的交易制度。

Starting with a brief introduction of the close relationship between pricing mechanisms and trading systems, this paper elaborates on two trading systems： order-driven and quote-driven. Then after sketching the development of the international FX market＇s trading system, it also analyzes the current trading system of China＇s FX market.