短线交易是一种危害性极大的特殊内幕交易,我国《证券法》第47条规定了短线交易归入权制度。本文通过对该制度的法律关系、主体、权利行使等具体问题进行探讨,以期完善该项制度,维护证券市场的稳定与发展。 Short-term trading is a particularly dangerous special insider trading, China’s “Securities Law” Article 47 provides for the short-term transaction ownership system. In this paper, the legal relationship of the system, the subject, the exercise of rights and other specific issues to explore, with a view to improving the system to maintain the stability and development of the securities market.