To Build the Market Maker Trading System of China's Growth Enterprise Market

Since the launch of China's growth enterprise market(GEM),it does not seem like to lack market fluidity apparently,but it is not difficult to find that the whole trade volume is in a downward trend by carefully examining.To introduce market maker trading system by implementing a kind of hybrid trading model based on auction trading system and supplemented by market maker trading system can guarantee and improve the fluidity and stability of the GEM effectively.It is the inevitable direction of the development of GEM.This paper reviewed the essential theory of market maker trading system,discussed necessity of the introduction of the system into GEM,and then proposed advices to build up the system.