{"id":30707,"date":"2023-12-07T09:45:53","date_gmt":"2023-12-07T09:45:53","guid":{"rendered":"https:\/\/masterskills.org\/blog\/tao-lap-thi-truong-make-a-market-la-gi-nhung-dac-diem-can-luu-y.html"},"modified":"2023-12-23T06:14:13","modified_gmt":"2023-12-22T23:14:13","slug":"tao-lap-thi-truong-make-a-market-la-gi-nhung-dac-diem-can-luu-y","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/tao-lap-thi-truong-make-a-market-la-gi-nhung-dac-diem-can-luu-y.html","title":{"rendered":"T\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng (Make a Market) l\u00e0 g\u00ec? Nh\u1eefng \u0111\u1eb7c \u0111i\u1ec3m c\u1ea7n l\u01b0u \u00fd"},"content":{"rendered":"
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H\u00ecnh minh h\u1ecda. Ngu\u1ed3n: IMC<\/p>\n<\/div>\n<\/div>\n

T\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/font><\/h2>\n

Kh\u00e1i ni\u1ec7m<\/b><\/p>\n

T\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng <\/b>hay ki\u1ebfn t\u1ea1o th\u1ecb tr\u01b0\u1eddng<\/b>, ti\u1ebfng Anh l\u00e0 make a market<\/b>.<\/p>\n

T\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/b> l\u00e0\u00a0ho\u1ea1t \u0111\u1ed9ng c\u1ee7a m\u1ed9t\u00a0dealer, th\u1ec3 hi\u1ec7n \u1edf vi\u1ec7c s\u1eb5n s\u00e0ng v\u00e0 c\u00f3 th\u1ec3 mua\/b\u00e1n m\u1ed9t ch\u1ee9ng kho\u00e1n c\u1ee5 th\u1ec3 t\u1ea1i m\u1ee9c gi\u00e1 ch\u00e0o mua\/ch\u00e0o b\u00e1n<\/i>.<\/p>\n

Ho\u1ea1t \u0111\u1ed9ng\u00a0t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/b> s\u1ebd gi\u00fap cho m\u1ed9t c\u00f4ng ty m\u00f4i gi\u1edbi th\u1ef1c hi\u1ec7n l\u1ec7nh c\u1ee7a kh\u00e1ch h\u00e0ng nhanh v\u00e0 d\u1ec5 d\u00e0ng h\u01a1n, thay v\u00ec ph\u1ea3i l\u00e0m vi\u1ec7c v\u1edbi nh\u1eefng c\u00f4ng ty m\u00f4i gi\u1edbi hay nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00e1c.<\/p>\n

Hi\u1ec3u r\u00f5 h\u01a1n v\u1ec1 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/font><\/h3>\n

Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng (market maker)<\/i> l\u00e0 t\u00ean g\u1ecdi c\u1ee7a ng\u01b0\u1eddi th\u1ef1c hi\u1ec7n t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/b>. Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/i> l\u00e0 nh\u1eefng ng\u01b0\u1eddi tham gia tr\u00ean th\u1ecb tr\u01b0\u1eddng ho\u1eb7c l\u00e0 c\u00e1c c\u00f4ng ty th\u00e0nh vi\u00ean c\u1ee7a m\u1ed9t s\u00e0n giao d\u1ecbch.<\/p>\n

Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng <\/i>mua v\u00e0 b\u00e1n c\u1ed5 phi\u1ebfu t\u1ea1i m\u1ee9c gi\u00e1 hi\u1ec3n th\u1ecb tr\u00ean h\u1ec7 th\u1ed1ng giao d\u1ecbch c\u1ee7a s\u00e0n, cho t\u00e0i kho\u1ea3n ri\u00eang c\u1ee7a h\u1ecd (g\u1ecdi l\u00e0 giao d\u1ecbch ch\u00ednh – principal trade<\/i>) ho\u1eb7c cho t\u00e0i kho\u1ea3n c\u1ee7a kh\u00e1ch h\u00e0ng (g\u1ecdi l\u00e0 giao d\u1ecbch trung gian – agency trade<\/i>). Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/i> c\u00f3 th\u1ec3 nh\u1eadp l\u1ec7nh, \u0111i\u1ec1u ch\u1ec9nh gi\u00e1 ch\u00e0o mua\/b\u00e1n, th\u1ef1c hi\u1ec7n l\u1ec7nh, v\u00e0 thanh to\u00e1n b\u00f9 tr\u1eeb c\u00e1c l\u1ec7nh.<\/p>\n

C\u00e1ch th\u1ee9c ho\u1ea1t \u0111\u1ed9ng c\u1ee7a nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/font><\/h3>\n

\u0110\u1ec3 c\u00f3 th\u1ec3 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/b>, c\u00f4ng ty m\u00f4i gi\u1edbi ph\u1ea3i n\u1eafm gi\u1eef s\u1ed1 l\u01b0\u1ee3ng l\u1edbn m\u1ed9t c\u1ed5 phi\u1ebfu c\u1ee5 th\u1ec3, \u0111\u1ec3 \u0111\u00e1p \u1ee9ng \u0111\u01b0\u1ee3c l\u01b0\u1ee3ng l\u1edbn l\u1ec7nh tr\u00ean th\u1ecb tr\u01b0\u1eddng trong v\u00f2ng t\u00edch t\u1eafc v\u1edbi m\u1ed9t m\u1ee9c gi\u00e1 c\u1ea1nh tranh. Tr\u00e1i ng\u01b0\u1ee3c v\u1edbi nh\u1eefng c\u00f4ng ty m\u00f4i gi\u1edbi th\u00f4ng th\u01b0\u1eddng, vi\u1ec7c tr\u1edf th\u00e0nh m\u1ed9t nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/i> s\u1ebd \u0111\u00f2i h\u1ecfi kh\u1ea3 n\u0103ng ch\u1ecbu r\u1ee7i ro cao h\u01a1n, v\u00ec ph\u1ea3i n\u1eafm gi\u1eef m\u1ed9t s\u1ed1 l\u01b0\u1ee3ng l\u1edbn c\u1ed5 phi\u1ebfu.<\/p>\n

Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/i> g\u00f3p ph\u1ea7n th\u00fac \u0111\u1ea9y th\u1ecb tr\u01b0\u1eddng ho\u1ea1t \u0111\u1ed9ng hi\u1ec7u qu\u1ea3 h\u01a1n b\u1eb1ng c\u00e1ch t\u1ea1o ra thanh kho\u1ea3n. \u0110\u1ec3 \u0111\u1ea3m b\u1ea3o c\u00f4ng b\u1eb1ng cho kh\u00e1ch h\u00e0ng, nh\u1eefng c\u00f4ng ty m\u00f4i gi\u1edbi c\u00f3 ch\u1ee9c n\u0103ng t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/b> \u0111\u01b0\u1ee3c ph\u00e1p lu\u1eadt y\u00eau c\u1ea7u ph\u1ea3i t\u00e1ch bi\u1ec7t ho\u1ea1t \u0111\u1ed9ng t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng c\u1ee7a h\u1ecd v\u1edbi ho\u1ea1t \u0111\u1ed9ng m\u00f4i gi\u1edbi b\u00e1n h\u00e0ng.<\/p>\n

Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/i> ki\u1ebfm l\u1eddi t\u1eeb\u00a0ch\u00eanh l\u1ec7ch gi\u00e1 ch\u00e0o mua-ch\u00e0o b\u00e1n\u00a0do h\u1ecd t\u1ea1o ra, kh\u00f4ng ph\u1ea3i t\u1eeb vi\u1ec7c t\u0103ng gi\u1ea3m c\u1ee7a gi\u00e1 ch\u1ee9ng kho\u00e1n. V\u00e0 h\u1ecd th\u1ef1c hi\u1ec7n mua b\u00e1n nh\u1eefng c\u1ed5 phi\u1ebfu \u0111ang \u0111\u01b0\u1ee3c giao d\u1ecbch, ch\u1ee9 kh\u00f4ng ph\u1ea3i nh\u1eefng c\u1ed5 phi\u1ebfu m\u00e0 h\u1ecd ngh\u0129 r\u1eb1ng gi\u00e1 s\u1ebd t\u0103ng hay gi\u1ea3m.<\/p>\n

(Theo Investopedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n T\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng (ti\u1ebfng Anh: Make a market) l\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a m\u1ed9t dealer, th\u1ec3 hi\u1ec7n \u1edf vi\u1ec7c s\u1eb5n s\u00e0ng v\u00e0 c\u00f3 th\u1ec3 mua\/b\u00e1n m\u1ed9t ch\u1ee9ng kho\u00e1n c\u1ee5 th\u1ec3 t\u1ea1i m\u1ee9c gi\u00e1 ch\u00e0o mua\/ch\u00e0o b\u00e1n.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30707"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=30707"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30707\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=30707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=30707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=30707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}