做市商制度起源于美国纳斯达克市场,伴随着纳斯达克市场的不断发展,做市商制度逐渐从传统的柜台交易制度发展演变为规范的交易制度,并在美国证券交易市场中发挥了极其重要的作用。证券市场的核心之一是交易制度,即直接或间接将买卖双方的委托撮合成交的方式。做市商制度和竞价交易制度是国际证券市场上两种主要的交易制度。 The market maker system originates from the Nasdaq market in the United States. Along with the continuous development of the NASDAQ market, the market maker system gradually evolves from the development of the traditional counter transaction system to a regulated trading system. In the U.S. stock exchange market, Played an extremely important role. One of the core of the securities market is the trading system, that is, the way in which the commission of both the buyer and the seller is dealt with directly or indirectly. The market maker system and the auction trading system are the two major trading systems in the international securities market.