{"id":31837,"date":"2023-12-07T12:54:28","date_gmt":"2023-12-07T12:54:28","guid":{"rendered":"https:\/\/masterskills.org\/blog\/doi-tac-counterparty-la-ai-dac-diem-va-phan-loai.html"},"modified":"2023-12-23T09:39:44","modified_gmt":"2023-12-23T02:39:44","slug":"doi-tac-counterparty-la-ai-dac-diem-va-phan-loai","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/doi-tac-counterparty-la-ai-dac-diem-va-phan-loai.html","title":{"rendered":"\u0110\u1ed1i t\u00e1c (Counterparty) l\u00e0 ai? \u0110\u1eb7c \u0111i\u1ec3m v\u00e0 ph\u00e2n lo\u1ea1i"},"content":{"rendered":"
\n
\n
<\/div>\n
\n

\u1ea2nh minh h\u1ecda. Ngu\u1ed3n: Investopedia.<\/p>\n<\/div>\n<\/div>\n

\u0110\u1ed1i t\u00e1c<\/font><\/b><\/h2>\n

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

\u0110\u1ed1i t\u00e1c<\/b> ti\u1ebfng Anh l\u00e0 Counterparty.<\/b><\/p>\n

\u0110\u1ed1i t\u00e1c<\/b> l\u00e0 m\u1ed9t b\u00ean tham gia v\u00e0o giao d\u1ecbch t\u00e0i ch\u00ednh. M\u1ecdi giao d\u1ecbch ph\u1ea3i c\u00f3 \u0111\u1ed1i t\u00e1c th\u00ec m\u1edbi c\u00f3 th\u1ec3 th\u1ef1c hi\u1ec7n giao d\u1ecbch. C\u1ee5 th\u1ec3 h\u01a1n, m\u1ed9t ng\u01b0\u1eddi mua m\u1ed9t t\u00e0i s\u1ea3n ph\u1ea3i \u0111\u01b0\u1ee3c gh\u00e9p v\u1edbi m\u1ed9t ng\u01b0\u1eddi b\u00e1n s\u1eb5n s\u00e0ng b\u00e1n v\u00e0 ng\u01b0\u1ee3c l\u1ea1i.\u00a0<\/p>\n

V\u00ed d\u1ee5: \u0111\u1ed1i t\u00e1c c\u1ee7a\u00a0ng\u01b0\u1eddi mua quy\u1ec1n ch\u1ecdn\u00a0s\u1ebd l\u00e0\u00a0ng\u01b0\u1eddi b\u00e1n quy\u1ec1n ch\u1ecdn.\u00a0M\u1ed9t giao d\u1ecbch ho\u00e0n ch\u1ec9nh c\u00f3 th\u1ec3 c\u1ea7n nhi\u1ec1u b\u00ean tham gia (v\u00ed d\u1ee5: vi\u1ec7c 1 ng\u01b0\u1eddi mua 1.000 c\u1ed5 phi\u1ebfu c\u1ea7n 10 ng\u01b0\u1eddi, m\u1ed7i ng\u01b0\u1eddi b\u00e1n 100 c\u1ed5 phi\u1ebfu).<\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a \u0110\u1ed1i t\u00e1c<\/font><\/b><\/h3>\n

Thu\u1eadt ng\u1eef “\u0111\u1ed1i t\u00e1c” c\u00f3 th\u1ec3 d\u00f9ng \u0111\u1ec3 m\u00f4 t\u1ea3 m\u1ed9t b\u00ean tham gia c\u1ee7a m\u1ed9t giao d\u1ecbch t\u00e0i ch\u00ednh. Giao d\u1ecbch t\u00e0i ch\u00ednh c\u00f3 th\u1ec3 bao g\u1ed3m giao d\u1ecbch gi\u1eefa c\u00e1c c\u00e1 nh\u00e2n, doanh nghi\u1ec7p, ch\u00ednh ph\u1ee7 ho\u1eb7c b\u1ea5t k\u00ec t\u1ed5 ch\u1ee9c n\u00e0o kh\u00e1c. Ngo\u00e0i ra, c\u1ea3 hai b\u00ean kh\u00f4ng c\u1ea7n ph\u1ea3i gi\u1ed1ng nhau. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 m\u1ed9t c\u00e1 nh\u00e2n c\u00f3 th\u1ec3 l\u00e0 \u0111\u1ed1i t\u00e1c c\u1ee7a m\u1ed9t doanh nghi\u1ec7p v\u00e0 ng\u01b0\u1ee3c l\u1ea1i.\u00a0<\/p>\n

Trong m\u1ecdi tr\u01b0\u1eddng h\u1ee3p, khi h\u1ee3p \u0111\u1ed3ng chung \u0111\u01b0\u1ee3c \u0111\u00e1p \u1ee9ng ho\u1eb7c khi di\u1ec5n ra tho\u1ea3 thu\u1eadn trao \u0111\u1ed5i, m\u1ed9t b\u00ean s\u1ebd \u0111\u01b0\u1ee3c coi l\u00e0 \u0111\u1ed1i t\u00e1c ho\u1eb7c c\u00e1c b\u00ean l\u00e0 \u0111\u1ed1i t\u00e1c c\u1ee7a nhau. \u0110i\u1ec1u n\u00e0y c\u0169ng \u00e1p d\u1ee5ng cho c\u00e1c\u00a0h\u1ee3p \u0111\u1ed3ng k\u00ec h\u1ea1n\u00a0v\u00e0 c\u00e1c lo\u1ea1i h\u1ee3p \u0111\u1ed3ng kh\u00e1c.<\/p>\n

M\u1ed9t \u0111\u1ed1i t\u00e1c lu\u00f4n \u0111em l\u1ea1i r\u1ee7i ro \u0111\u1ed1i t\u00e1c. R\u1ee7i ro \u1edf \u0111\u00e2y l\u00e0 kh\u1ea3 n\u0103ng \u0111\u1ed1i t\u00e1c kh\u00f4ng th\u1ef1c hi\u1ec7n ho\u1eb7c k\u1ebft th\u00fac giao d\u1ecbch. Tuy nhi\u00ean, trong nhi\u1ec1u giao d\u1ecbch t\u00e0i ch\u00ednh, \u0111\u00f4i khi ch\u00fang ta kh\u00f4ng bi\u1ebft \u0111\u1ed1i t\u00e1c l\u00e0 ai, do v\u1eady ch\u00fang ta c\u1ea7n \u0111\u1ebfn s\u1ef1 h\u1ed7 tr\u1ee3 c\u1ee7a c\u00e1c c\u00f4ng ty trung gian nh\u1eb1m gi\u1ea3m thi\u1ec3u r\u1ee7i ro \u0111\u1ed1i t\u00e1c. <\/p>\n

Ph\u00e2n lo\u1ea1i \u0111\u1ed1i t\u00e1c<\/font><\/b><\/h3>\n

– \u0110\u1ed1i t\u00e1c b\u00e1n l\u1ebb:<\/b> \u0111\u00e2y l\u00e0 nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n b\u00ecnh th\u01b0\u1eddng ho\u1eb7c nh\u1eefng nh\u00e0 giao d\u1ecbch kh\u00f4ng chuy\u00ean. H\u1ecd c\u00f3 th\u1ec3 giao d\u1ecbch th\u00f4ng qua m\u1ed9t nh\u00e0 m\u00f4i gi\u1edbi tr\u1ef1c tuy\u1ebfn nh\u01b0 E-Trade ho\u1eb7c Charles Schwab. <\/p>\n

–\u00a0<\/b>Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng\u00a0(MM): <\/b>Ch\u1ee9c n\u0103ng ch\u00ednh c\u1ee7a nh\u1eefng ng\u01b0\u1eddi tham gia n\u00e0y l\u00e0 cung c\u1ea5p thanh kho\u1ea3n cho th\u1ecb tr\u01b0\u1eddng, tuy nhi\u00ean h\u1ecd c\u0169ng c\u1ed1 g\u1eafng ki\u1ebfm l\u1ee3i nhu\u1eadn t\u1eeb th\u1ecb tr\u01b0\u1eddng. H\u1ecd c\u00f3 \u0111\u1ea7u m\u1ed1i th\u1ecb tr\u01b0\u1eddng l\u1edbn, v\u00e0 th\u01b0\u1eddng s\u1ebd g\u00f3p m\u1ed9t ph\u1ea7n \u0111\u00e1ng k\u1ec3 cho bi\u1ebfn \u0111\u1ed9ng gi\u00e1 v\u00e0 c\u00e1c \u0111\u1ec1 ngh\u1ecb tr\u00ean th\u1ecb tr\u01b0\u1eddng.<\/p>\n

– Nh\u00e0 giao d\u1ecbch thanh kho\u1ea3n:<\/b> \u0110\u00e2y l\u00e0 nh\u00f3m nh\u1eefng nh\u00e0 giao d\u1ecbch th\u01b0\u1eddng c\u00f3 ph\u00ed r\u1ea5t th\u1ea5p v\u00e0 n\u1eafm b\u1eaft l\u1ee3i nhu\u1eadn h\u00e0ng ng\u00e0y b\u1eb1ng c\u00e1ch th\u00eam thanh kho\u1ea3n v\u00e0 n\u1eafm b\u1eaft c\u00e1c kho\u1ea3n t\u00edn d\u1ee5ng ECN (ti\u1ebfng Anh: Electronic CommMasterskillstion Network, ngh\u0129a l\u00e0 M\u1ea1ng l\u01b0\u1edbi th\u00f4ng tin \u0111i\u1ec7n t\u1eed). Nh\u1eefng nh\u00e0 giao d\u1ecbch n\u00e0y v\u1eabn c\u00f3 th\u1ec3 c\u00f3 \u0111\u1ea7u m\u1ed1i th\u1ecb tr\u01b0\u1eddng, nh\u01b0ng \u00edt h\u01a1n so v\u1edbi c\u00e1c nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng.<\/p>\n

– Nh\u00e0 giao d\u1ecbch k\u0129 thu\u1eadt:<\/b> H\u1ecd l\u00e0 c\u00e1c nh\u00e0 giao d\u1ecbch d\u1ef1a tr\u00ean c\u00e1c bi\u1ec3u \u0111\u1ed3, c\u00e1c ch\u1ec9 s\u1ed1 th\u1ecb tr\u01b0\u1eddng, \u0111\u01b0\u1eddng xu h\u01b0\u1edbng ho\u1eb7c m\u00f4 h\u00ecnh bi\u1ec3u \u0111\u1ed3. Nh\u00e0 giao d\u1ecbch n\u00e0y th\u01b0\u1eddng t\u1ed3n t\u1ea1i trong h\u1ea7u h\u1ebft m\u1ecdi th\u1ecb tr\u01b0\u1eddng.<\/p>\n

– Nh\u00e0 giao d\u1ecbch theo xu h\u01b0\u1edbng:<\/b> C\u00f3 nhi\u1ec1u nh\u00e0 giao d\u1ecbch theo xu h\u01b0\u1edbng kh\u00e1c nhau. M\u1ed9t s\u1ed1 ng\u01b0\u1eddi n\u1eafm gi\u1eef m\u1ed9t c\u1ed5 phi\u1ebfu xu h\u01b0\u1edbng trong nhi\u1ec1u ng\u00e0y (m\u1eb7c d\u00f9 h\u1ecd ch\u1ec9 giao d\u1ecbch trong ng\u00e0y), nh\u01b0ng c\u00f3 nh\u1eefng ng\u01b0\u1eddi s\u1ebd s\u00e0ng l\u1ecdc “c\u1ed5 phi\u1ebfu \u0111ang di chuy\u1ec3n”, li\u00ean t\u1ee5c c\u1ed1 g\u1eafng n\u1eafm b\u1eaft s\u1ef1 bi\u1ebfn \u0111\u1ed9ng nhanh ch\u00f3ng c\u1ee7a c\u1ed5 phi\u1ebfu theo c\u00e1c s\u1ef1 ki\u1ec7n tin t\u1ee9c, theo kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch ho\u1eb7c gi\u00e1 t\u0103ng c\u1ee7a c\u1ed5 phi\u1ebfu. <\/p>\n

– Nh\u00e0 kinh doanh ch\u00eanh l\u1ec7ch gi\u00e1:<\/b> S\u1eed d\u1ee5ng nhi\u1ec1u t\u00e0i s\u1ea3n, th\u1ecb tr\u01b0\u1eddng v\u00e0 c\u00f4ng c\u1ee5 th\u1ed1ng k\u00ea, c\u00e1c nh\u00e0 giao d\u1ecbch n\u00e0y c\u1ed1 g\u1eafng khai th\u00e1c s\u1ef1 thi\u1ebfu hi\u1ec7u qu\u1ea3 c\u1ee7a th\u1ecb tr\u01b0\u1eddng ho\u1eb7c li\u00ean th\u1ecb tr\u01b0\u1eddng. Nh\u1eefng nh\u00e0 giao d\u1ecbch n\u00e0y c\u00f3 th\u1ec3 \u1edf qui m\u00f4 nh\u1ecf ho\u1eb7c l\u1edbn. M\u1ed9t s\u1ed1 lo\u1ea1i giao d\u1ecbch ch\u00eanh l\u1ec7ch gi\u00e1 s\u1ebd \u0111\u00f2i h\u1ecfi m\u1ed9t l\u01b0\u1ee3ng l\u1edbn s\u1ee9c mua \u0111\u1ec3 t\u1eadn d\u1ee5ng tri\u1ec7t \u0111\u1ec3 s\u1ef1 thi\u1ebfu hi\u1ec7u qu\u1ea3 c\u1ee7a th\u1ecb tr\u01b0\u1eddng.<\/p>\n

(Theo\u00a0Investopedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n \u0110\u1ed1i t\u00e1c (ti\u1ebfng Anh: Counterparty) l\u00e0 m\u1ed9t b\u00ean tham gia v\u00e0o giao d\u1ecbch t\u00e0i ch\u00ednh. M\u1ecdi giao d\u1ecbch ph\u1ea3i c\u00f3 \u0111\u1ed1i t\u00e1c th\u00ec m\u1edbi c\u00f3 th\u1ec3 th\u1ef1c hi\u1ec7n giao d\u1ecbch.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[418],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31837"}],"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=31837"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31837\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}