Do you pay attention to the choice of banks and securities companies for stock trading accounts?
Do you pay attention to choosing banks and securities companies in stock trading? Opening a stock account refers to the process in which an investor opens a securities account and a capital account in a securities company and establishes a business relationship with a bank, such as savings, before buying and selling stocks in the securities exchange market. With the development of securities trading, stock account opening can be divided into on-site account opening and off-site account opening, in which on-site account opening refers to the process of investors opening accounts at the counter of the business department of securities companies; Off-site account opening includes witness account opening, online account opening and other off-site account opening methods recognized by China Clearing Company. A securities company refers to a limited liability company or a joint stock limited company with independent legal personality, which is established with the approval of the the State Council securities regulatory authority in accordance with the provisions of the Company Law and the Securities Law and specializes in securities business. According to the functions of securities management companies, they can be divided into: securities brokers; That is, the securities brokerage company. Securities institutions that buy and sell securities accept the entrustment of investors to buy and sell securities on their behalf, and charge a certain commission, such as Soochow Securities Suzhou Sales Department and jianghai securities Brokerage Company. Securities dealers; That is, comprehensive securities companies, in addition to the authority of securities brokerage companies, can also buy and sell securities by themselves. They are well-funded and can directly enter the exchange to buy and sell stocks for themselves. Such as Guotai Junan Securities. Securities underwriter; An institution that helps issuers sell securities by underwriting or consignment. In fact, many securities companies operate these three businesses at the same time. According to the current practice in various countries, all member companies of a stock exchange can conduct proprietary trading in the trading market, but few securities companies specialize in proprietary trading. In addition, some certified innovative securities companies also have the authority to create warrants. A securities registration company is a service organization for centralized registration and transfer of securities. It is an indispensable part of securities trading and has the nature of administrative management. It must be examined and approved by the competent authority before it can be established.