What is the business process of Northeast Securities Margin Trading?

I. Basic conditions for investors to apply for margin trading of Northeast Securities.

1. Before the investor applies for margin trading in Northeast Securities, he opens an ordinary securities account in Northeast Securities for 18 months and trades for 6 months.

2. The total assets of ordinary accounts opened by individual investors in Northeast Securities should reach 500,000 yuan (RMB), and the total assets of ordinary accounts opened by institutional investors in Northeast Securities should reach 6,543,800 yuan (RMB).

3. Other conditions stipulated by the securities regulatory agency and Northeast Securities.

Two, investors need to provide materials to apply for the opening of Northeast securities margin trading.

Investors should provide the following application materials before applying for margin trading:

1. Application materials to be submitted by individual investors: personal identification materials (ID card or household registration book, etc.). ), ordinary securities account card and relevant credit information (please consult the sales department);

2. Application materials to be submitted by institutional investors: legal person business license or registration certificate, organization code certificate, tax registration certificate, legal representative certificate and valid copy of the original ID card, power of attorney signed by the legal representative, agent (licensee) ID card, ordinary securities account card, residence certificate and relevant credit information (please consult Northeast Securities Business Department for details).

Three. Operation Process of Margin Trading in Northeast Securities

Northeast Securities Process Description:

1. Investor application: Investors should apply to the Northeast Securities Business Department where they are located to start margin trading and submit relevant identification materials and credit information (please consult the business department for details);

2. Qualification examination and credit investigation: Northeast Securities examines the investor's qualification for opening an account, conducts credit investigation on qualified investors according to regulations, and evaluates the credit status of customers;

3. Signing contracts and risk disclosure: For investors who have passed the credit investigation, sign a margin trading contract and a margin trading risk disclosure book in the Northeast Securities Business Department; The contract clearly defines the rights and obligations of investors and securities companies in detail.

4. Account opening: After being audited by Northeast Securities, the business department of Northeast Securities handles the credit account opening business for investors, and investors go to commercial banks to handle the third-party depository signing.

5. Collateral transfer: investors can transfer collateral to credit accounts at the counter of the business department or other trading channels, that is, investors transfer guarantee funds to credit fund accounts through banks, and transfer securities that can cover margin from ordinary securities accounts to credit securities accounts;

6. Credit granting: Northeast Securities evaluates and determines the amount of financing and securities lending that can be provided to investors according to the overall secured assets of investors' credit accounts;

7. Margin trading: After the collateral is transferred, investors can conduct margin trading, including margin buying and margin selling;

8. Repayment of funds and securities: In financing transactions, when an investor sells, the funds obtained are first returned to the securities company owed by the investor, and the balance is left in the investor's credit account; In securities lending transactions, investors buy securities and return them to securities companies to pay for securities lending. In addition, investors can also directly use existing funds and securities to repay the debt of margin financing and securities lending to securities companies in accordance with the contract.

9. Ending margin trading: When the investor has fully repaid the margin debt of the securities company, the investor can transfer the remaining assets in his credit account to his general account.