{"id":580134,"date":"2023-12-28T03:15:24","date_gmt":"2023-12-28T03:15:24","guid":{"rendered":"https:\/\/proxyelite.info\/glossary\/market-maker\/"},"modified":"2023-12-28T03:15:24","modified_gmt":"2023-12-28T03:15:24","slug":"market-maker","status":"publish","type":"glossary","link":"https:\/\/proxyelite.info\/vi\/glossary\/market-maker\/","title":{"rendered":"Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng"},"content":{"rendered":"<h2>T\u1ed5ng quan v\u1ec1 Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/h2>\n<p>Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng l\u00e0 m\u1ed9t c\u00f4ng ty ho\u1eb7c c\u00e1 nh\u00e2n ch\u1ee7 \u0111\u1ed9ng b\u00e1o gi\u00e1 c\u00e1c th\u1ecb tr\u01b0\u1eddng hai m\u1eb7t trong m\u1ed9t ch\u1ee9ng kho\u00e1n, cung c\u1ea5p gi\u00e1 th\u1ea7u v\u00e0 \u01b0u \u0111\u00e3i (\u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 y\u00eau c\u1ea7u) c\u00f9ng v\u1edbi quy m\u00f4 th\u1ecb tr\u01b0\u1eddng c\u1ee7a m\u1ed7i th\u1ecb tr\u01b0\u1eddng. V\u1ec1 c\u01a1 b\u1ea3n, h\u1ecd l\u00e0 nh\u1eefng th\u1ef1c th\u1ec3 s\u1eb5n s\u00e0ng mua v\u00e0 b\u00e1n ch\u1ee9ng kho\u00e1n m\u1ed9t c\u00e1ch th\u01b0\u1eddng xuy\u00ean v\u00e0 li\u00ean t\u1ee5c v\u1edbi m\u1ee9c gi\u00e1 ni\u00eam y\u1ebft c\u00f4ng khai. C\u00e1c nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng \u0111\u00f3ng vai tr\u00f2 quan tr\u1ecdng trong vi\u1ec7c duy tr\u00ec t\u00ednh thanh kho\u1ea3n v\u00e0 hi\u1ec7u qu\u1ea3 tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh.<\/p>\n<h2>Vai tr\u00f2 v\u00e0 ch\u1ee9c n\u0103ng c\u1ee7a c\u00e1c nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/h2>\n<p>C\u00e1c nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng \u0111\u00f3ng m\u1ed9t vai tr\u00f2 quan tr\u1ecdng trong th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh. Ch\u00fang t\u1ea1o \u0111i\u1ec1u ki\u1ec7n thu\u1eadn l\u1ee3i cho giao d\u1ecbch b\u1eb1ng c\u00e1ch cung c\u1ea5p t\u00ednh thanh kho\u1ea3n, ngh\u0129a l\u00e0 ch\u00fang gi\u00fap c\u00e1c nh\u00e0 giao d\u1ecbch kh\u00e1c mua v\u00e0 b\u00e1n ch\u1ee9ng kho\u00e1n d\u1ec5 d\u00e0ng h\u01a1n. B\u1eb1ng c\u00e1ch tr\u00edch d\u1eabn gi\u00e1 mua (gi\u00e1 th\u1ea7u) v\u00e0 b\u00e1n (y\u00eau c\u1ea7u), h\u1ecd gi\u00fap x\u00e1c \u0111\u1ecbnh gi\u00e1 hi\u1ec7n t\u1ea1i c\u1ee7a ch\u1ee9ng kho\u00e1n. C\u00e1c nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng thu l\u1ee3i t\u1eeb s\u1ef1 ch\u00eanh l\u1ec7ch gi\u1eefa hai m\u1ee9c gi\u00e1 n\u00e0y v\u00e0 c\u0169ng c\u00f3 th\u1ec3 h\u01b0\u1edfng l\u1ee3i t\u1eeb bi\u1ebfn \u0111\u1ed9ng gi\u00e1 c\u1ee7a ch\u1ee9ng kho\u00e1n m\u00e0 h\u1ecd n\u1eafm gi\u1eef.<\/p>\n<h2>C\u00e1c t\u00ednh n\u0103ng ch\u00ednh c\u1ee7a Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/h2>\n<ul>\n<li><strong>Cung c\u1ea5p thanh kho\u1ea3n<\/strong>: H\u1ecd \u0111\u1ea3m b\u1ea3o r\u1eb1ng lu\u00f4n c\u00f3 ng\u01b0\u1eddi mua v\u00e0 ng\u01b0\u1eddi b\u00e1n ch\u1ee9ng kho\u00e1n, t\u0103ng c\u01b0\u1eddng t\u00ednh l\u01b0u \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng.<\/li>\n<li><strong>\u1ed4n \u0111\u1ecbnh gi\u00e1<\/strong>: B\u1eb1ng c\u00e1ch li\u00ean t\u1ee5c \u0111\u01b0a ra gi\u00e1 ch\u00e0o mua v\u00e0 gi\u00e1 ch\u00e0o b\u00e1n, Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng gi\u00fap \u1ed5n \u0111\u1ecbnh bi\u1ebfn \u0111\u1ed9ng gi\u00e1.<\/li>\n<li><strong>T\u0103ng tr\u01b0\u1edfng kh\u1ed1i l\u01b0\u1ee3ng<\/strong>: S\u1ef1 hi\u1ec7n di\u1ec7n c\u1ee7a h\u1ecd khuy\u1ebfn kh\u00edch kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch nhi\u1ec1u h\u01a1n v\u00ec c\u00e1c nh\u00e0 giao d\u1ecbch \u0111\u01b0\u1ee3c \u0111\u1ea3m b\u1ea3o v\u1ec1 s\u1ef1 s\u1eb5n c\u00f3 c\u1ee7a c\u00e1c \u0111\u1ed1i t\u00e1c.<\/li>\n<li><strong>Gi\u1ea3m chi ph\u00ed giao d\u1ecbch<\/strong>: T\u00ednh thanh kho\u1ea3n \u0111\u01b0\u1ee3c c\u1ea3i thi\u1ec7n th\u01b0\u1eddng d\u1eabn \u0111\u1ebfn ch\u00eanh l\u1ec7ch gi\u00e1 ch\u00e0o mua thu h\u1eb9p h\u01a1n, gi\u1ea3m chi ph\u00ed giao d\u1ecbch cho c\u00e1c nh\u00e0 giao d\u1ecbch kh\u00e1c.<\/li>\n<\/ul>\n<h2>C\u00e1c lo\u1ea1i nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/h2>\n<table>\n<thead>\n<tr>\n<th>Ki\u1ec3u<\/th>\n<th>S\u1ef1 mi\u00eau t\u1ea3<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng b\u00e1n l\u1ebb<\/strong><\/td>\n<td>Ph\u1ee5c v\u1ee5 cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00e1n l\u1ebb, th\u01b0\u1eddng cung c\u1ea5p d\u1ecbch v\u1ee5 th\u00f4ng qua m\u00f4i gi\u1edbi.<\/td>\n<\/tr>\n<tr>\n<td><strong>C\u00e1c nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng th\u1ec3 ch\u1ebf<\/strong><\/td>\n<td>Ph\u1ee5c v\u1ee5 c\u00e1c kh\u00e1ch h\u00e0ng l\u1edbn h\u01a1n nh\u01b0 qu\u1ef9 t\u01b0\u01a1ng h\u1ed7, cung c\u1ea5p kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch \u0111\u00e1ng k\u1ec3 h\u01a1n.<\/td>\n<\/tr>\n<tr>\n<td><strong>Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng trao \u0111\u1ed5i<\/strong><\/td>\n<td>Ho\u1ea1t \u0111\u1ed9ng trong c\u00e1c s\u00e0n giao d\u1ecbch c\u1ee5 th\u1ec3, duy tr\u00ec t\u00ednh thanh kho\u1ea3n cho c\u00e1c ch\u1ee9ng kho\u00e1n \u0111\u01b0\u1ee3c ch\u1ec9 \u0111\u1ecbnh.<\/td>\n<\/tr>\n<tr>\n<td><strong>Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng \u0111i\u1ec7n t\u1eed<\/strong><\/td>\n<td>S\u1eed d\u1ee5ng c\u00e1c thu\u1eadt to\u00e1n v\u00e0 chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch t\u1ea7n s\u1ed1 cao.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>C\u00e1ch s\u1eed d\u1ee5ng, v\u1ea5n \u0111\u1ec1 v\u00e0 gi\u1ea3i ph\u00e1p<\/h2>\n<h3>C\u00e1ch s\u1eed d\u1ee5ng<\/h3>\n<ul>\n<li><strong>T\u1ea1o thu\u1eadn l\u1ee3i cho giao d\u1ecbch<\/strong>: Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng trong c\u00e1c s\u00e0n giao d\u1ecbch ch\u1ee9ng kho\u00e1n, th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i v\u00e0 th\u1eadm ch\u00ed trong c\u00e1c s\u00e0n giao d\u1ecbch ti\u1ec1n \u0111i\u1ec7n t\u1eed.<\/li>\n<li><strong>Cung c\u1ea5p thanh kho\u1ea3n<\/strong>: C\u1ea7n thi\u1ebft \u1edf c\u00e1c th\u1ecb tr\u01b0\u1eddng c\u00f3 kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch th\u1ea5p h\u01a1n.<\/li>\n<\/ul>\n<h3>V\u1ea5n \u0111\u1ec1 v\u00e0 gi\u1ea3i ph\u00e1p<\/h3>\n<ul>\n<li><strong>V\u1ea5n \u0111\u1ec1: R\u1ee7i ro thao t\u00fang th\u1ecb tr\u01b0\u1eddng<\/strong> \u2013 Ti\u1ec1m n\u0103ng thao t\u00fang gi\u00e1.\n<ul>\n<li><strong>Gi\u1ea3i ph\u00e1p<\/strong>: H\u1ec7 th\u1ed1ng gi\u00e1m s\u00e1t v\u00e0 gi\u00e1m s\u00e1t quy \u0111\u1ecbnh.<\/li>\n<\/ul>\n<\/li>\n<li><strong>V\u1ea5n \u0111\u1ec1: S\u1ef1 ph\u1ee5 thu\u1ed9c v\u00e0o c\u00f4ng ngh\u1ec7<\/strong> \u2013 Ph\u1ee5 thu\u1ed9c nhi\u1ec1u v\u00e0o c\u00f4ng ngh\u1ec7, \u0111\u1eb7c bi\u1ec7t \u0111\u1ed1i v\u1edbi c\u00e1c Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng \u0111i\u1ec7n t\u1eed.\n<ul>\n<li><strong>Gi\u1ea3i ph\u00e1p<\/strong>: C\u01a1 s\u1edf h\u1ea1 t\u1ea7ng CNTT m\u1ea1nh m\u1ebd v\u00e0 h\u1ec7 th\u1ed1ng d\u1ef1 ph\u00f2ng.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2>Ph\u00e2n t\u00edch so s\u00e1nh<\/h2>\n<table>\n<thead>\n<tr>\n<th>\u0111\u1eb7c tr\u01b0ng<\/th>\n<th>Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/th>\n<th>Nh\u00e0 m\u00f4i gi\u1edbi<\/th>\n<th>Th\u01b0\u01a1ng nh\u00e2n<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>Ch\u1ee9c n\u0103ng<\/strong><\/td>\n<td>Cung c\u1ea5p thanh kho\u1ea3n b\u1eb1ng c\u00e1ch mua\/b\u00e1n<\/td>\n<td>T\u1ea1o thu\u1eadn l\u1ee3i cho giao d\u1ecbch cho kh\u00e1ch h\u00e0ng<\/td>\n<td>Mua\/b\u00e1n ki\u1ebfm l\u1eddi<\/td>\n<\/tr>\n<tr>\n<td><strong>R\u1ee7i ro ti\u1ebfp x\u00fac<\/strong><\/td>\n<td>Cao, do ngh\u0129a v\u1ee5 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/td>\n<td>Th\u1ea5p, \u0111\u00f3ng vai tr\u00f2 trung gian<\/td>\n<td>Kh\u00e1c nhau, d\u1ef1a tr\u00ean chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch<\/td>\n<\/tr>\n<tr>\n<td><strong>Y\u00eau c\u1ea7u v\u1ec1 v\u1ed1n<\/strong><\/td>\n<td>Cao, \u0111\u1ec3 duy tr\u00ec h\u00e0ng t\u1ed3n kho<\/td>\n<td>V\u1eeba ph\u1ea3i, cho nhu c\u1ea7u ho\u1ea1t \u0111\u1ed9ng<\/td>\n<td>Kh\u00e1c nhau, d\u1ef1a tr\u00ean quy m\u00f4<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Xu h\u01b0\u1edbng v\u00e0 c\u00f4ng ngh\u1ec7 t\u01b0\u01a1ng lai<\/h2>\n<ul>\n<li><strong>T\u00edch h\u1ee3p AI v\u00e0 Machine Learning<\/strong>: T\u0103ng c\u01b0\u1eddng chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch thu\u1eadt to\u00e1n.<\/li>\n<li><strong>C\u00f4ng ngh\u1ec7 chu\u1ed7i kh\u1ed1i<\/strong>: Ti\u1ec1m n\u0103ng s\u1eed d\u1ee5ng trong t\u00e0i ch\u00ednh phi t\u1eadp trung (DeFi) \u0111\u1ec3 t\u1ea1o th\u1ecb tr\u01b0\u1eddng t\u1ef1 \u0111\u1ed9ng.<\/li>\n<li><strong>T\u0103ng c\u01b0\u1eddng t\u1eadp trung v\u00e0o quy \u0111\u1ecbnh<\/strong>: V\u1edbi c\u00e1c th\u1ecb tr\u01b0\u1eddng \u0111ang ph\u00e1t tri\u1ec3n, c\u00f3 xu h\u01b0\u1edbng h\u01b0\u1edbng t\u1edbi c\u00e1c quy \u0111\u1ecbnh ch\u1eb7t ch\u1ebd h\u01a1n \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o th\u1ef1c h\u00e0nh c\u00f4ng b\u1eb1ng.<\/li>\n<\/ul>\n<h2>Vai tr\u00f2 c\u1ee7a m\u00e1y ch\u1ee7 proxy trong vi\u1ec7c t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/h2>\n<p>M\u00e1y ch\u1ee7 proxy c\u00f3 th\u1ec3 l\u00e0 c\u00f4ng c\u1ee5 d\u00e0nh cho Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng, \u0111\u1eb7c bi\u1ec7t l\u00e0 trong m\u00f4i tr\u01b0\u1eddng \u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y b\u1edfi c\u00f4ng ngh\u1ec7. H\u1ecd cung c\u1ea5p:<\/p>\n<ul>\n<li><strong>B\u1ea3o m\u1eadt n\u00e2ng cao<\/strong>: B\u1ea3o v\u1ec7 d\u1eef li\u1ec7u t\u00e0i ch\u00ednh nh\u1ea1y c\u1ea3m kh\u1ecfi c\u00e1c m\u1ed1i \u0111e d\u1ecda tr\u00ean m\u1ea1ng.<\/li>\n<li><strong>C\u1ea3i thi\u1ec7n k\u1ebft n\u1ed1i<\/strong>: \u0110\u1ea3m b\u1ea3o k\u1ebft n\u1ed1i nhanh ch\u00f3ng v\u00e0 \u0111\u00e1ng tin c\u1eady v\u1edbi c\u00e1c n\u1ec1n t\u1ea3ng giao d\u1ecbch.<\/li>\n<li><strong>T\u00ednh linh ho\u1ea1t v\u1ec1 m\u1eb7t \u0111\u1ecba l\u00fd<\/strong>: Ti\u1ebfp c\u1eadn th\u1ecb tr\u01b0\u1eddng t\u1eeb nhi\u1ec1u \u0111\u1ecba \u0111i\u1ec3m kh\u00e1c nhau m\u00e0 kh\u00f4ng b\u1ecb gi\u1edbi h\u1ea1n v\u1ec1 m\u1eb7t \u0111\u1ecba l\u00fd.<\/li>\n<li><strong>Kh\u1ea3 n\u0103ng thu th\u1eadp d\u1eef li\u1ec7u<\/strong>: Thu th\u1eadp d\u1eef li\u1ec7u th\u1ecb tr\u01b0\u1eddng m\u1ed9t c\u00e1ch hi\u1ec7u qu\u1ea3, \u0111i\u1ec1u n\u00e0y r\u1ea5t quan tr\u1ecdng \u0111\u1ec3 \u0111\u01b0a ra c\u00e1c quy\u1ebft \u0111\u1ecbnh giao d\u1ecbch s\u00e1ng su\u1ed1t.<\/li>\n<\/ul>\n<h2>Li\u00ean k\u1ebft li\u00ean quan<\/h2>\n<ol>\n<li><a target=\"_new\" rel=\"noopener\">Investopedia \u2013 Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/a><\/li>\n<li><a target=\"_new\" rel=\"noopener\">\u1ee6y ban Ch\u1ee9ng kho\u00e1n v\u00e0 Giao d\u1ecbch \u2013 T\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/a><\/li>\n<li><a target=\"_new\" rel=\"noopener\">C\u01a1 quan qu\u1ea3n l\u00fd ng\u00e0nh t\u00e0i ch\u00ednh \u2013 Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng<\/a><\/li>\n<\/ol>\n<p>B\u00e0i vi\u1ebft n\u00e0y nh\u1eb1m m\u1ee5c \u0111\u00edch cung c\u1ea5p s\u1ef1 hi\u1ec3u bi\u1ebft to\u00e0n di\u1ec7n v\u1ec1 Nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng, vai tr\u00f2, lo\u1ea1i h\u00ecnh c\u1ee7a h\u1ecd v\u00e0 c\u00e1ch h\u1ecd ph\u00f9 h\u1ee3p v\u1edbi h\u1ec7 sinh th\u00e1i t\u00e0i ch\u00ednh r\u1ed9ng l\u1edbn h\u01a1n, bao g\u1ed3m c\u1ea3 m\u1ed1i quan h\u1ec7 hi\u1ec7p \u0111\u1ed3ng v\u1edbi m\u00e1y ch\u1ee7 proxy.<\/p>","protected":false},"featured_media":580135,"menu_order":0,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-580134","glossary","type-glossary","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/proxyelite.info\/vi\/wp-json\/wp\/v2\/glossary\/580134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/proxyelite.info\/vi\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/proxyelite.info\/vi\/wp-json\/wp\/v2\/types\/glossary"}],"version-history":[{"count":0,"href":"https:\/\/proxyelite.info\/vi\/wp-json\/wp\/v2\/glossary\/580134\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/proxyelite.info\/vi\/wp-json\/wp\/v2\/media\/580135"}],"wp:attachment":[{"href":"https:\/\/proxyelite.info\/vi\/wp-json\/wp\/v2\/media?parent=580134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}