距离6月30日交易所清理大限已过半月，郑州、泰山、汉唐等文交所的投资者仍然没有等来整顿清理的具体方案，天津文交所的艺术品份额化交易仍在进行。

Distance June 30 deadline set clear exchange and half months，zhengzhou、Mount tai、The exchange of such as han investors still did not wait to pull clear concrete plan，Tianjin wen exchange of art of share trading is still going on。

　　同时，本报记者跟踪江浙一带的农产品电子盘交易发现，一些违规交易场所正在借同类交易所关闭之机大举扩张。以大蒜之乡金乡为例，今年4月份，金乡大蒜国际交易所（南店子盘）关闭后，江苏恒丰农产品交易所4月下旬开始趁机在金乡扩张，而6月份该交易所即爆出挪用保证金等问题。

At the same time，Our reporter tracking the jiangsu and zhejiang area agricultural electronic dish trade found，Some illegal trading places are similar exchange closed by expanding aggressively in machine。With garlic township of jinxiang, for example，In April this year，Jinxiang garlic international exchange（South shop dish）Shut down after，Jiangsu hengfeng agricultural exchange late April began in jinxiang expansion opportunity，And in June that the exchange in divert margin。

　　而山东、江苏数家农产品交易所的投资者向记者反映，在他们那里，二级代理商诈骗、交易规则多变、保证金被挪用等问题仍然层出不穷，他们正不断向当地监管部门投诉。

And shandong、Jiangsu several agricultural products exchange to reporters reflect investors，In there they，Level 2 agent fraud、Volatile trading rules、Deposit was divert problems still emerge in endlessly，They are constantly to the local regulators complaints。

　　“关于交易所整顿的明确方案，现在正在等候联席会议制定的指导性实施细则出台，这个细则已经制定完成，正在等候国务院的批复。”天津市金融办的一位人士向本报记者透露。

“About an exchange clear plan，Now is waiting for a joint meeting of the detailed rules for the implementation of the guidance for to come，The detailed rules has formulated a complete，And are waiting for the rights to the state council。”Tianjin financial do a personage to our correspondent said。

“问题交易所”带病扩张 “Problem exchange”Tainted expansion

　　不少投资者期待更快的交易所整顿节奏。北京的汉唐艺术品交易所去年11月宣布停牌后，其公司管理层和投资者之间有过沟通，但至今未出台具体的资金清退方案。

Many investors expect faster exchange the rhythm。Beijing art exchange han last November announced after the suspension，The company management and investors had communication，But so far, on specific funds to repel scheme。

　　“交易所清理状况不甚乐观，部分地区出现交易所清而不理，垂死挣扎的状况，这主要缘于地方政府利益的考虑。”同济大学上海期货研究院院长助理、创元期货独立董事刘春彦认为。

“Exchange is not very optimistic clear condition，In exchange, the parts to ignore，The status of the dying，This is mainly due to the interests of the local government。”Tongji university Shanghai futures research institute President assistant、Gen yuan futures independent directors LiuChunYan think。

　　根据长期研究交易所行业的机构生意社提供的数据，其监测的254家大宗商品电子交易市场中，目前约有75%仍在正常运营。此外，转型或发布停盘公告进行整顿的市场占16%，关闭的市场仅占9%。

According to the long-term research industry agency business exchange club to provide the data，Its monitoring of the 254 electronic trading in commodities markets，About 75% are still in normal operations。In addition，Transformation or release closes their announcement of market accounted for 16%，Shut down only 9% of the market。

　　在刘春彦看来，地方政府自己生的“孩子”，必然会有所袒护，这已经成为阻碍整顿最大障碍。“在清理交易所如火如荼的上半年，天津贵金属交易所已在天津市政府的扶持下逆势转正”。

In LiuChunYan seems，Local government raw“children”，Will have favour，It has become the biggest obstacle to that。“In the cleaning up the height of exchange of the first half，Tianjin precious metals exchange has set up a file in the tianjin under the support of the government of the contrarian becomes”。

　　出现这一状况的背景是，活跃的交易所对地方财政有不小的贡献。比如2011年，刚满一岁的江苏恒丰农产品交易所即给盐城市贡献了300万元税收，2012年在推广大蒜交易后，恒丰交易量更是成倍增长。

There is the background of the situation，Active exchange is not a small contribution to local finance。In 2011, for example,，First birthday of jiangsu, the agricultural products that contributed to exchange yancheng city tax 3 million yuan，In 2012, after the trade promotion garlic，The volume is doubled。

　　即便下决心对交易所进行整顿，过程也可能十分漫长。1995年曾爆发国债期货危机，之后进入了清理整顿程序，但是直到今年，工作才真正结束，历时17年。

Even to undertake rectifying to exchange，Process can be very long。1995 years have t-bond futures crisis erupted，After rectifications into the program，But until this year，Work to really over，Lasted 17 years。

　　“整顿清理，不是要求关停，而是规范其发展，比如国家正通过监管让文交所更加规范起来。”文交所发起人之一、国家文化软实力重点课题组首席专家雷原7月17日对记者说。

“Rectify clean up，Not request to shut，But the standard its development，Such as the country is through the regulatory let the exchange more standard up。”Wen exchange one of the sponsors、National cultural soft power key task group chief expert LeiYuan July 17 told reporters。

　　他表示，文交所清理的基本精神是一省一家、发行份额保持在200份以内，上海和深圳在模式上可以有所突破、创新。不过，每个省一家的文交所都做艺术品份额化交易肯定太多，文交所可以寻求合并，或者寻求国企的进入。

He said，The exchange of basic spirit is a clear a province、In 200 a share issue to keep within，Shanghai and shenzhen in the model can have the breakthrough、innovation。but，Every province of a text exchange do share trading sure too much of art，Wen exchange can seek consolidation，Or looking for the state-owned enterprises into。

　　清理大限已过 交易所乱象未止 Time is cleaning up the mess has exchange not stop

　　即便是整顿后的交易所，也仍有大量问题需要解决。

Even after the reorganization of the exchange，Also still have many problems to solve。

　　雷原举例说，艺术品金融化难点是鉴定和估值，“只要有保险公司愿意承保就是风险有保障的，我当初在设计文交所制度的时候就坚持必须有保险的进入，但现在很多文交所都没有朝这一方向发展”。

LeiYuan for example，Art JinRongHua is difficult to identify and valuations，“As long as there are insurance companies are willing to accept insurance is a security risk，I had in the design of the system of the exchange when we must have insurance entry，But now many of the exchange are not in the same direction”。

　　雷原认为，整顿里面有一条必须要坚持的是国家控股，同时要有部分私人企业，一是保持国家制定的大方向和信誉度，一是保持私人企业的活力。

LeiYuan think，The article in it a must insist on the state holding，And at the same time there are parts of the private enterprise，One is to keep the state formulates the general direction of and good reputation，One is to keep private enterprise vitality。

　　在江浙的一些商品交易所，不少交易商和代理商没有实际商品交易背景，投资者多以投资获利为目的，交易所也缺乏现货交割的能力。在雷原看来，这类市场为数不少，一些交易所做的是现货交易，还裹上金融色彩，风险控制又很差，这样就形成了一个投机市场，赌的是有人接盘获利，对经济并无促进作用。”

Some of the Commodity Exchange in jiangsu，Many traders and agents of no practical commodity trading background，Investors in investment gains for the purpose，Exchange also lack the ability of cash delivery。In LeiYuan seems，This kind of market a few，Some exchange do is spot trading，Still wrapped in financial colour，The risk control and is very poor，Formed so a speculative market，The best bet is someone JiePan profit，On economic and no stimulative effect。”

　　“不要脱离在市场中真正被认可的价格，交易的产品一定不要脱离市场的实际需求；不要存在那种炒一把就可以一夜暴富的投机幻想，投机对大宗商品交易市场的持续发展没有任何作用。”刘春彦告诫说。

“Don't from the market really recognized the price，Trading products must not from the actual demand of the market；Don't exist that fry a can of speculative fantasy to coin money overnight，Speculation on commodity trading market for sustainable development of no effect。”LiuChunYan warned that。

　　他举例说，例如通过文交所融得的资金并没有进入生产领域，市场存在必要性成疑。“证券市场为企业筹资，期货市场为商品发现价格，但是文交所基本实用功能缺失”。

He said one example，For example through the exchange of money and not raise into production areas，The market may be a need to exist。“The securities market for enterprise financing，The futures market price for goods found，But civil exchange practical function lack basic”。