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1. The third chapter is assumption of margin transaction system.

2. Margin transaction system meets these needs rightly.

3. Margin transaction is a mature system widely adopted abroad, based on which the basic functions of security markets could work smoothly.

4. Margin transaction in the securities market is an important modern trading system, improving the market allocation of resources function and playing an indispensable role.

5. Therefore, margin transaction is regarded as a fair and orderly mechanism factor of stock bargaining.

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6. The third chapter elaborates the current situation of margin transaction in China.

7. In Chapter 4, we makes a preliminary plan for our future margin transaction system.

8. The paper has to three parts. the first chapter is about margin transaction theory.

9. The writer of this paper holds that the introduction of margin transaction system into share market is the basis of stability.

10. The second chapter is about the legal analysis of the margin transaction.

11. The second section analyzes the essential characteristics as well as the necessities of existence of margin transaction.