{"id":1542,"date":"2023-12-11T23:30:36","date_gmt":"2023-12-11T16:30:36","guid":{"rendered":"https:\/\/vncarbonmarket.com\/?page_id=1542"},"modified":"2023-12-25T10:33:17","modified_gmt":"2023-12-25T03:33:17","slug":"market-oversight-trading","status":"publish","type":"page","link":"https:\/\/vncarbonmarket.com\/vi\/about-ets\/market-oversight-trading\/","title":{"rendered":"Gi\u00e1m s\u00e1t Th\u1ecb tr\u01b0\u1eddng &amp; Giao d\u1ecbch"},"content":{"rendered":"<p><strong>Gi\u00e1m s\u00e1t Th\u1ecb tr\u01b0\u1eddng &amp; Giao d\u1ecbch<\/strong><\/p>\n<p>C\u00e1c bi\u1ec7n ph\u00e1p r\u1ea5t linh ho\u1ea1t gi\u00fap h\u1ec7 th\u1ed1ng trao \u0111\u1ed5i gi\u1ea5y ph\u00e9p tr\u1edf n\u00ean hi\u1ec7u qu\u1ea3 c\u0169ng c\u00f3 th\u1ec3 khi\u1ebfn n\u00f3 d\u1ec5 b\u1ecb gian l\u1eadn v\u00e0 thao t\u00fang. C\u00e1c \u0111i\u1ec1u kho\u1ea3n gi\u00e1m s\u00e1t th\u1ecb tr\u01b0\u1eddng c\u00f3 t\u00e1c d\u1ee5ng ng\u0103n ch\u1eb7n nh\u1eefng v\u1ea5n \u0111\u1ec1 n\u00e0y v\u00e0 t\u1ea1o \u0111i\u1ec1u ki\u1ec7n thu\u1eadn l\u1ee3i cho vi\u1ec7c x\u00e1c \u0111\u1ecbnh gi\u00e1 b\u1eb1ng c\u00e1ch t\u0103ng t\u00ednh minh b\u1ea1ch, h\u1ea1n ch\u1ebf r\u1ee7i ro, t\u1ed1i \u0111a h\u00f3a t\u00ednh thanh kho\u1ea3n v\u00e0 \u0111\u1ea3m b\u1ea3o c\u1ea1nh tranh c\u00f4ng b\u1eb1ng. H\u1ea1n ng\u1ea1ch ph\u00e1t th\u1ea3i c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c coi nh\u01b0 h\u00e0ng h\u00f3a ho\u1eb7c s\u1ea3n ph\u1ea9m t\u00e0i ch\u00ednh, v\u00e0 c\u00e1c c\u01a1 c\u1ea5u hi\u1ec7n h\u00e0nh v\u1ec1 \u0111i\u1ec1u ti\u1ebft th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c \u00e1p d\u1ee5ng cho vi\u1ec7c giao d\u1ecbch h\u1ea1n ng\u1ea1ch.<\/p>\n<p>B\u1edfi v\u00ec ngu\u1ed3n cung h\u1ea1n ng\u1ea1ch trong m\u1ed9t k\u1ebf ho\u1ea1ch giao d\u1ecbch c\u00f3 h\u1ea1n m\u1ee9c tuy\u1ec7t \u0111\u1ed1i c\u1ed1 \u0111\u1ecbnh, gi\u00e1 h\u1ea1n ng\u1ea1ch \u0111\u1eb7c bi\u1ec7t nh\u1ea1y c\u1ea3m v\u1edbi c\u1ea7u v\u00e0 do \u0111\u00f3 d\u1ec5 b\u1ecb t\u1ed5n th\u01b0\u01a1ng tr\u01b0\u1edbc nh\u1eefng c\u00fa s\u1ed1c b\u00ean ngo\u00e0i v\u00e0 l\u1ea1m d\u1ee5ng quy\u1ec1n l\u1ef1c th\u1ecb tr\u01b0\u1eddng. \u0110\u1ec3 h\u1ea1n ch\u1ebf s\u1ee9c m\u1ea1nh th\u1ecb tr\u01b0\u1eddng, c\u01a1 quan qu\u1ea3n l\u00fd c\u00f3 th\u1ec3 \u00e1p \u0111\u1eb7t c\u00e1c gi\u1edbi h\u1ea1n nh\u1eb1m h\u1ea1n ch\u1ebf s\u1ed1 l\u01b0\u1ee3ng h\u1ea1n ng\u1ea1ch m\u00e0 b\u1ea5t k\u1ef3 ng\u01b0\u1eddi tham gia n\u00e0o n\u1eafm gi\u1eef (gi\u1edbi h\u1ea1n v\u1ecb th\u1ebf) ho\u1eb7c c\u00e1c bi\u1ec7n ph\u00e1p kh\u00e1c nh\u1eb1m ng\u0103n ch\u1eb7n s\u1ef1 th\u00f4ng \u0111\u1ed3ng nh\u1eb1m thao t\u00fang m\u1ee9c gi\u00e1. C\u00e1c \u0111i\u1ec1u kho\u1ea3n gi\u00e1m s\u00e1t th\u1ecb tr\u01b0\u1eddng bao g\u1ed3m c\u1ea3 th\u1ecb tr\u01b0\u1eddng s\u01a1 c\u1ea5p (xem ph\u00e2n b\u1ed5) v\u00e0 th\u1ecb tr\u01b0\u1eddng th\u1ee9 c\u1ea5p, \u0111\u1ed3ng th\u1eddi gi\u00fap \u0111\u1ea3m b\u1ea3o r\u1eb1ng t\u1ea5t c\u1ea3 nh\u1eefng ng\u01b0\u1eddi tham gia \u0111\u1ec1u c\u00f3 c\u01a1 h\u1ed9i b\u00ecnh \u0111\u1eb3ng \u0111\u1ec3 mua h\u1ea1n ng\u1ea1ch \u1edf m\u1ee9c gi\u00e1 d\u1ef1a tr\u00ean c\u00e1c nguy\u00ean t\u1eafc c\u01a1 b\u1ea3n c\u1ee7a th\u1ecb tr\u01b0\u1eddng. Ngo\u00e0i h\u1ea1n ng\u1ea1ch, c\u00e1c s\u1ea3n ph\u1ea9m ph\u00e1i sinh ho\u1eb7c h\u1ee3p \u0111\u1ed3ng t\u00e0i ch\u00ednh cho c\u00e1c giao d\u1ecbch trong t\u01b0\u01a1ng lai m\u00e0 \"r\u00fat ra\" gi\u00e1 tr\u1ecb c\u1ee7a ch\u00fang t\u1eeb c\u00e1c h\u1ea1n ng\u1ea1ch c\u0169ng c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c mua v\u00e0 b\u00e1n. Ng\u01b0\u1eddi mua v\u00e0 ng\u01b0\u1eddi b\u00e1n c\u00f3 th\u1ec3 t\u00ecm ki\u1ebfm l\u1eabn nhau v\u00e0 giao d\u1ecbch \"phi t\u1eadp trung\" (OTC) ho\u1eb7c \u0111\u1ebfn m\u1ed9t s\u00e0n giao d\u1ecbch n\u01a1i gi\u00e1 th\u1ea7u c\u1ee7a ng\u01b0\u1eddi mua v\u00e0 gi\u00e1 ch\u00e0o c\u1ee7a ng\u01b0\u1eddi b\u00e1n \u0111\u01b0\u1ee3c t\u1ed5ng h\u1ee3p t\u1eadp trung. Trong giao d\u1ecbch OTC, c\u00f3 m\u1ed9t s\u1ed1 'r\u1ee7i ro \u0111\u1ed1i t\u00e1c' m\u00e0 c\u00e1c b\u00ean tham gia giao d\u1ecbch kh\u00e1c nhau kh\u00f4ng th\u1ec3 ho\u1eb7c kh\u00f4ng th\u1ef1c hi\u1ec7n ngh\u0129a v\u1ee5 c\u1ee7a m\u00ecnh, \u0111i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn t\u1ed5n th\u1ea5t t\u00e0i ch\u00ednh \u0111\u00e1ng k\u1ec3. \u0110\u1ec3 gi\u00fap gi\u1ea3m thi\u1ec3u r\u1ee7i ro n\u00e0y, c\u00e1c \u0111i\u1ec1u kho\u1ea3n gi\u00e1m s\u00e1t th\u1ecb tr\u01b0\u1eddng c\u00f3 th\u1ec3 th\u00fac \u0111\u1ea9y giao d\u1ecbch tr\u00ean c\u00e1c s\u00e0n giao d\u1ecbch ho\u1eb7c \u00edt nh\u1ea5t l\u00e0 th\u00f4ng qua m\u1ed9t b\u00ean thanh to\u00e1n b\u00f9 tr\u1eeb trung t\u00e2m (CCP), gi\u00fap t\u1eadp h\u1ee3p r\u1ee7i ro v\u00e0 gi\u1ea3m thi\u1ec3u t\u00e1c \u0111\u1ed9ng c\u1ee7a b\u1ea5t k\u1ef3 h\u1ee3p \u0111\u1ed3ng n\u00e0o ch\u01b0a \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n.\u00a0<strong><em>H\u1ec7 th\u1ed1ng \u0111\u0103ng k\u00fd<\/em><\/strong> v\u00e0 kho t\u01b0 li\u1ec7u th\u01b0\u01a1ng m\u1ea1i c\u00f3 th\u1ec3 ph\u1ee5c v\u1ee5 c\u00e1c ch\u1ee9c n\u0103ng t\u01b0\u01a1ng t\u1ef1 trong vi\u1ec7c t\u0103ng t\u00ednh minh b\u1ea1ch v\u00e0 gi\u00fap x\u00e1c \u0111\u1ecbnh c\u00e1c m\u1ed1i nguy hi\u1ec3m ti\u1ec1m \u1ea9n li\u00ean quan \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng.<\/p>\n<p>Ngo\u00e0i vi\u1ec7c thao t\u00fang, gian l\u1eadn tr\u1eafng tr\u1ee3n c\u00f3 th\u1ec3 l\u00e0 m\u1ed9t v\u1ea5n \u0111\u1ec1 c\u1ea7n \u0111\u01b0\u1ee3c gi\u1ea3i quy\u1ebft b\u1eb1ng c\u01a1 ch\u1ebf gi\u00e1m s\u00e1t th\u1ecb tr\u01b0\u1eddng. C\u00e1c h\u1ec7 th\u1ed1ng \u0111\u0103ng k\u00fd \u0111i\u1ec7n t\u1eed c\u00f3 kh\u1ea3 n\u0103ng ch\u1ed1ng hack m\u1ea1nh m\u1ebd v\u00e0 c\u00e1c quy t\u1eafc \"bi\u1ebft kh\u00e1ch h\u00e0ng\" \u0111\u1eb7t ra y\u00eau c\u1ea7u v\u1ec1 ai c\u00f3 th\u1ec3 m\u1edf t\u00e0i kho\u1ea3n \u0111\u0103ng k\u00fd \u0111\u1ec3 tham gia v\u00e0o th\u1ecb tr\u01b0\u1eddng c\u00f3 th\u1ec3 gi\u00fap ng\u0103n ch\u1eb7n c\u00e1c cu\u1ed9c t\u1ea5n c\u00f4ng l\u1eeba \u0111\u1ea3o (thu th\u1eadp th\u00f4ng tin c\u00e1 nh\u00e2n d\u1eabn \u0111\u1ebfn tr\u1ed9m c\u1eafp h\u1ea1n ng\u1ea1ch) v\u00e0 gian l\u1eadn quay v\u00f2ng (giao d\u1ecbch v\u01b0\u1ee3t bi\u00ean gi\u1edbi d\u1eabn \u0111\u1ebfn tr\u1ed1n thu\u1ebf).<\/p>\n<p style=\"text-align: right;\">Ngu\u1ed3n: <a href=\"https:\/\/icapcarbonaction.com\/en\/market-oversight-trading\">https:\/\/icapcarbonaction.com\/en\/market-oversight-trading<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Market Oversight &amp; Trading The very flexibility measures that make a tradable permit system efficient also make it vulnerable to fraud and manipulation. Market oversight provisions work to prevent these [&hellip;]<\/p>","protected":false},"author":1,"featured_media":0,"parent":25,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-1542","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/vncarbonmarket.com\/vi\/wp-json\/wp\/v2\/pages\/1542"}],"collection":[{"href":"https:\/\/vncarbonmarket.com\/vi\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/vncarbonmarket.com\/vi\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/vncarbonmarket.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vncarbonmarket.com\/vi\/wp-json\/wp\/v2\/comments?post=1542"}],"version-history":[{"count":4,"href":"https:\/\/vncarbonmarket.com\/vi\/wp-json\/wp\/v2\/pages\/1542\/revisions"}],"predecessor-version":[{"id":1779,"href":"https:\/\/vncarbonmarket.com\/vi\/wp-json\/wp\/v2\/pages\/1542\/revisions\/1779"}],"up":[{"embeddable":true,"href":"https:\/\/vncarbonmarket.com\/vi\/wp-json\/wp\/v2\/pages\/25"}],"wp:attachment":[{"href":"https:\/\/vncarbonmarket.com\/vi\/wp-json\/wp\/v2\/media?parent=1542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}