证券交易中的错误交易往往会造成重大影响,处置错误交易成为交易所基础制度的必要组成部分,其中撤销错误交易是其中一种重要的处置方式。交易所的撤销错误交易制度具有一定的合法性,在境外主要交易市场已经被广泛适用。本文详细比较分析了境外主要交易所撤销错误交易制度的适用标准和执行程序,为我国建立该项制度提供借鉴。 False transactions in securities trading often have a significant impact. Dealing with erroneous transactions becomes an essential part of the basic system of the exchange, of which revocation of erroneous transactions is one of the most important disposal methods. Exchange deregulation trading system has a certain degree of legitimacy, the main trading markets outside the country has been widely applied. This article compares and analyzes in detail the applicable standards and enforcement procedures for the revocation of erroneous transaction system in the major overseas exchanges, and provides reference for our country to establish the system.