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Does the stock account have other functions besides stock trading?

In addition to stock trading, stock accounts certainly have other functions, such as the following:

First, buy financial products from financial institutions;

Second, buy government bonds for reverse repurchase;

Third, buy funds;

Fourth, it can be used for inter-bank transfer of the same name;

Fifth, the account funds have the function of mortgage;

Sixth, you can invest in options;

Seventh, it can be used as a deposit account, but the interest rate is very low.

In fact, the above eight functions are all part of it, and the stock account has at least a dozen functions.

Because the securities account is the most complete account in all financial investment accounts, the securities account has many functions, and the most important thing is that many investors simply don't know how to use it. There are two functions here.

Purchase of government bonds and reverse repurchase

It's good to learn how to use the stock securities account to buy government bonds for reverse repurchase. For example, if you sell 654.38+million shares today, the 654.38+million funds decided not to buy shares on the same day and wait until the next day.

At this time, you can use this 654.38 million yuan to buy a day's reverse repurchase of government bonds, buy them before the close, and end the interest calculation that night. 65438+ Ten thousand people earn at least a few yuan in interest every day, and mosquitoes are meat no matter how small they are.

As a bank deposit account, it has current interest.

If there is a sum of money in the stock account, and the money does not buy stocks, the money will have interest income, and the interest will be settled according to the bank's current interest rate of 0.35%.

But it must be remembered that this interest is settled once a quarter, which is better than no interest income.

The above are the general functions of stock accounts. I hope my answer can help you.

I know, you can also buy and sell convertible bonds, and you can also buy and sell on-site funds.

Commonly used are the following:

1. Subscribe for new shares. Allocate the number of lottery numbers according to the amount of funds held. The market value of Shanghai market 10000 yuan corresponds to a number, and you can get 1000 new shares. The market value of Shenzhen 5000 yuan corresponds to a number, and you can win 500 new shares. The lottery number of an account cannot exceed 1‰ of the issue number at most.

2. Buy convertible bonds. The subscription amount of each account ranges from 1 lot to 1 000 lot, 10 lot, and each account is generally 1 000 yuan. That is to say, each account must subscribe for at least 1 ,000 yuan and at most 1 ,000 yuan.

3. You can buy reverse repurchase products of government bonds. The minimum purchase amount in Shanghai market is 6,543,800 yuan, and that in Shenzhen market is 6,543,800 yuan, increasing by an integer multiple of 6,543,800 yuan. After the reverse repurchase of government bonds expires, funds can buy stocks or continue to buy government bonds on the same day, but it takes T+ 1 day to withdraw cash.

4. You can buy index funds. The transaction form is the same as the operation of stocks, and it does not need to go through fund companies or banks, so the management cost is relatively low. Some index funds can operate at T+0.

5. You can buy financial products of registered securities companies, such as various funds (stock funds, bond funds, money funds, etc.). ).

6. You can enjoy wealth management products specially designed for stock trading, similar to money funds such as Yu 'ebao. The interest rate is between the bank's current interest rate and the fixed deposit rate, and you can withdraw and buy stocks at any time without affecting the interest income.

7. It can be used as financing mortgage certificate. Loans, financing or securities lending are made according to a certain discount rate of the market value of assets in the account.

There must be something I don't know, so we can add it.

In the eyes of some stock market novices, stock accounts seem to have only one function, that is, buying and selling stocks; At the same time, for many old investors, although they know that stock accounts have other functions, they have been afraid to try because they don't understand them.

In fact, this basic account can do many things besides buying and selling stocks.

1, buying and selling stocks

In our stock account, "buy" and "sell" are the two most common trading orders. Before trading, you have to fill in a price, which is actually "limit buying" and "limit selling", that is, the stock price can only be traded at or through this price.

If you use "buy" or "sell" when going up or down at a high speed, you will often find that you can't close the deal immediately and have to cancel the order again and again to modify the price. This is because when the stock price changes, the number of orders will also rise instantly. Others place an order before you at this price, and it's your turn to wait in line for others to complete the transaction. This is the trading rule of time priority. When you modify the price, the stock price may have changed by a few percentage points.

In order not to miss the opportunity of chasing up or fleeing, you can adopt the methods of "market buying" and "market selling", that is, let your order be closed immediately in the fastest time, but make concessions on the price, which can be higher (buying) or lower (selling) than the current stock price. You don't need to fill in the price when choosing this transaction method, just choose the quotation method. The common one is "cancellation of the remaining five-file instant transaction", that is, you can accept the quotation of five files close to the current transaction price at one time, and the transaction is naturally fast.

2. Subscribe for new shares

New shares have a minimum subscription share, with a minimum subscription of 65,438+0,000 shares in Shanghai and 500 shares in Shenzhen. For example, if the issue price of Shanghai Stock Exchange 1 IPO is 10 yuan/share, then the subscription of 1000 shares requires at least 1000 yuan in cash (available amount in the account). In addition to preparing funds, there is also a "market-oriented subscription system", which is calculated according to the average daily market value of the first two trading days of T-2 (T-2 is the subscription date). Moreover, the market value of Shanghai and Shenzhen stock markets is not universal.

The rules for issuing new shares are very complicated, in fact, investors don't have to bother. If you usually hold basic positions, it is no problem to use enough funds. Specifically, you can operate "buy" on the securities account from 9: 00 am to 3: 00 pm (or lunch break) on the day of subscription. The way to place an order is the same as buying stocks. Fill in the "subscription code" in the securities code column, and fill in the subscription quantity. After the subscription, a considerable part of the subscription amount will be frozen, and the funds will not be thawed until T+3. If you win the bid, say 500 shares, the corresponding amount will be converted into shares and displayed in the position, and the remaining amount will be returned to your account.

Step 3 buy and sell bonds

In addition to investing in bond funds, ordinary investors can also buy various bonds listed and traded on the exchange through the stock accounts of securities companies. Generally speaking, the varieties that can be traded are government bonds, local government bonds, corporate bonds, corporate bonds and convertible bonds.

In stock trading software, you can generally find the setting of "Select Variety" in the upper toolbar. The drop-down menu includes "Shanghai and Shenzhen bonds" or "bonds", and you can see all bond varieties traded on the exchange. You can also see the detailed information of this bond through shortcut keys, including the coupon rate, maturity date and credit rating of this bond.

The way to buy bonds is the same as buying stocks. Just enter the bond code, purchase price and transaction quantity. Its characteristics are high security and fixed interest. It should be noted that the minimum transaction unit of bonds is10; Bonds are all T+0 system, and there is no limit on price. In addition, in addition to paying the commission of the securities company, 20% interest tax will be deducted from the interest.

4. Buying and selling on-site funds

There are two ways to buy and sell funds. One is over-the-counter funds, which are directly listed on the stock exchange, mainly including closed-end funds, LOF (listed open-end funds) and ETF (transactional open-end index funds). After logging into the securities software, the sub-menu under "Select Variety" has "Shanghai and Shenzhen Funds".

On-site fund subscription rules are the same as individual stocks, with a minimum of 100. It should be noted that if you want to buy a fund traded on the floor, you should click on the "stock" column of the trading interface below the trading software, not the "fund" column. Under the column of "funds", you mainly apply for redemption of OTC funds.

5. Purchase and redemption of OTC funds

Another fund that can be bought with a stock account is an over-the-counter fund, which is a fund that can be bought in a bank in the traditional sense. The subscription fee for such funds as stock accounts is generally 60% off (different brokers have different discounts), which is about 0.6%. In contrast, the subscription fee for bank counters is higher.

If the stock account is used to purchase and redeem funds, the purchase and redemption are generally calculated according to the net value of the day before 15:00, and the purchase and redemption instructions issued after 15:00 are calculated according to the net value of the next trading day. Note that different fund companies and different types of funds have different time to receive fund redemption, usually 2 to 4 working days.

6. Reverse repurchase of national debt

Simply put, the reverse repurchase of government bonds is an investment product in which others use government bonds as collateral, and investors give up the right to use funds for a certain period of time and obtain interest income at the interest rate determined at the time of transaction within the agreed time. Its interest level is higher than that of banks, and the annualized rate of return will even exceed 10% at the end of the month, the end of the season and the end of the year when the market funds are tight. At this time, the purchase is the most cost-effective.

Investors should go to the securities company in advance to open the right to repurchase government bonds. The investment threshold starts from Shenzhen 1000 yuan and Shanghai 1000 yuan. There are many varieties of reverse repurchase of government bonds according to the number of days of use. Take Shanghai Stock Exchange as an example, the transaction code of repurchase is "204***". Specifically, "20400 1" stands for "1 day national debt repurchase"; "204002" stands for "2-day bond repurchase"; The longest time is "204 182", which stands for "national debt repurchase 182 days".

It should be noted that the reverse repurchase of government bonds actually involves secondary transactions, namely the initial transaction at the beginning and the repurchase transaction at the expiration of the repurchase period. The specific operation process of the buyer and the seller is as follows: the financing party (bondholder) declares according to "buy" and the securities lending party (fund holder) declares according to "sell"; When the reverse transaction expires, there is no need to declare it again. The computer system of the exchange will automatically generate reverse transaction records, and the registration and settlement institutions will conduct the clearing and delivery of funds and bonds accordingly.

7. Buy brokerage wealth management products.

When shorting, the funds in your stock account only have a deposit interest rate of 0.35%. If you use idle account funds to buy night wealth management products launched by the securities company where the stock account is located, you can get close to one-year time deposits or higher returns, which is also a product similar to reverse repurchase of government bonds.

At present, many securities companies have issued such cash management products, such as Li Tiantian of Galaxy Securities, Tiantianfa of Huatai Securities, cash manager of Guotai Junan, Li Tiantian of China Merchants Securities, etc. Most of them have a capital threshold of 50,000 yuan.

If the brokerage firm has issued a cash management product, there will be a button named after the name of the cash management product of the brokerage firm next to the fund column of your stock account. Click on it, and you will see products with different time lengths and different maturity returns on a daily basis.

Securities firms' cash management products are low in risk, mainly investing in fixed income assets, with high liquidity and real-time receipt of funds, so T+ 1 is desirable. Investors only need to sign a contract once to buy this product, and the retained funds will be automatically invested in financial management after the close. By the next trading day, investors will be able to get available funds with interest for stock investment.

In addition, many securities companies are now selling some high-quality wealth management products of trust wealth management, brokerage subsidiaries and fund subsidiaries, and the income is generally around 8%- 10%.

8. Free inter-bank transfer

Introduce a very practical skill. In fact, the securities account can be linked with multiple bank cards under your name to realize free inter-bank transfer.

Generally speaking, the three-party depository can only specify one bank card, that is, a fund account can be bound to a bank card, but in fact, a securities company can open a main fund account and up to four auxiliary fund accounts for each user, and each auxiliary fund account can be bound to a bank card.

Usually, only the main fund account can be used for stock trading, but if the amount of the corresponding bank card in the main fund account is insufficient, you can use the function of "fund collection" or "fund transfer" to transfer the money on the corresponding bank card in the auxiliary fund account to the main fund account, but the account in the auxiliary fund account cannot be directly transferred. If the main capital account is used as a "transfer station", in fact, bank cards corresponding to different accounts can be transferred quickly to avoid inter-bank transfer fees. However, brokers have strict restrictions on such transactions, and they cannot exceed three transactions a day.

9. Margin trading

Margin trading was launched on March 3 1 2065438. Financing means borrowing money from brokers to buy securities, while margin financing and securities lending means borrowing securities from brokers to sell. Of course, if you borrow money or coupons, you must pay them back within a certain period of time and pay the interest agreed in advance. To carry out margin financing and securities lending, brokers have set the asset threshold at 500,000 yuan.

In addition, it is necessary to go to the site to sign a contract with a brokerage firm to open margin financing and securities lending. In other words, investors should open a credit account according to the requirements of securities companies, and then apply for a credit line after transferring the collateral. It is worth mentioning that margin financing and securities lending involves "leverage", which is a business that professional investors can undertake higher risks. Ordinary investors should not try it easily.

10, participate in the "Hong Kong Stock Connect"

If the total balance of the securities account is not less than RMB 500,000, you can apply for opening the "Hong Kong Stock Connect" business. The first batch of 89 brokers obtained the qualification of Shanghai-Hong Kong Stock Connect, including major domestic brokers.

Of course, to open this new business, investors need to go to the business department to conduct risk tests, and then sign an agreement after passing the risk tests, so as to complete the opening procedures of the Hong Kong Stock Connect. It should be reminded that opening a Hong Kong Stock Connect account is not to open a new account, but to add a "Hong Kong Stock Connect" right to the original account. The funds are in the same pool of funds, so they don't need to be managed separately, but investors need to download the latest version of the software (including the "Hong Kong Stock Connect" function).

1 1, online shopping

Although most brokers have similar basic deposit account, some brokers who tried Internet finance earlier, such as CITIC Securities and Everbright Securities, also have shopping functions. This method is just like existing payment methods such as bank accounts. After the customer opens the business, it will be equipped with a payment tool similar to a USB flash drive, and the payment in the securities account can be carried out 24 hours.

12, participating in the New Third Board

Since last year, the "New Third Board" has become a new hot spot in the market. However, for natural person investors, the market value of securities assets under the investor's own name must be more than 5 million yuan before they can apply to participate in the public transfer of shares of listed companies. In addition, if individual investors want to participate, they also need to sign an agreement with the securities firm to open an unlisted limited company share transfer account. Most of the New Third Board are growth-oriented enterprises with great potential risks, and once the expected returns are made, they are also considerable.

Mortgage loan/securities loan