Conditions for opening a financial account

1. Conditions for opening a financial account:

1. The average daily securities assets in recent 20 trading days are not less than 500,000 ( ...

2. Engaged in securities trading for half a year;

3. Risk assessment results must be positive/enterprising;

Two, individual customers to open a margin account must meet the following conditions:

(a) the first transaction in any brokerage company is more than 6 months;

② The average daily securities assets in the last 20 trading days are not less than 500,000 yuan;

③ The age is 16 years old (inclusive) to 80 years old (exclusive). Among them, senior investors over the age of 66 (inclusive) must make full risk disclosure through offline credit reporting.

I. Transfer of Collateral

1, menu interpretation:

Customers need to transfer their shares from the general account to the margin account through "collateral transfer" before they can use it. At this time, the margin account includes ordinary trading function and margin financing and securities lending function.

2. How to use:

Click < b > Transfer of Pledged Goods and the transfer direction will be Transfer to Credit Account by default. At this time, the shares held by ordinary accounts will be displayed on the right, which need to be transferred to credit accounts one by one. The transfer time should be the opening time. On the day of transfer, the stock will be frozen and cannot be sold, and it will not be sold until the next day. If a transaction is needed on the day of transfer, the stock can be withdrawn from the commission on that day, and the stock will be returned to the general account. Customers can also transfer stocks from the margin account to the general account, and select "Withdrawal Credit Account" as the transfer direction. Other steps are as above.

Note that after the stock arrives, the cost price shown in margin financing and securities lending will also change. If the customer wants to show the real cost price in the margin account, the customer needs to write down the cost price in the general account and modify it after the stock is transferred to the margin account. There is no charge for the transfer of collateral, but remember to arrive the next day.

Second, short selling.

1, menu interpretation:

When customers think that a certain underlying stock has a high probability of falling, they borrow shares from our company and sell them at the same time, so as to buy back the same number of shares and repay them to our company after the underlying stock falls, forming a situation of selling high first and then sucking low to earn the difference. Note: The debt sold by securities lending will not be repaid until the next trading day.

2. How to use:

After clicking "Selling by Securities Margin", the target of securities margin and the saleable quantity will be displayed on the right, and you can place an order according to the normal selling steps. After the securities lending is sold, the proceeds will be frozen and can only be used to repay the arrears of securities lending. Interest is calculated from the date of selling securities (the number of securities sold x the closing price of securities sold on that day) (securities cost = the number of securities sold x the annual interest rate of securities sold x the natural days of actually using securities /360), the latest annual interest rate of securities sold is 8.35%, and the current debt shall not exceed half a year from now on.

Third, buy coupons and cash coupons.

1, menu interpretation:

How to pay off debts after selling securities? Customers can repay securities lending debts through two menus, namely, buying debts and paying debts now. The principle is that the same variety and the same number of stocks must be repaid and cannot be replaced by other stocks.

2. How to use:

Click "Buy Coupon and Return Coupon", and the stocks that have been shorted and opened in the account will be displayed on the far right. You can follow the normal buying steps to place an order for the stock that has been short-circuited and pay off the short-circuit debt of this stock. When the customer has repaid all the securities of the securities lending contract, the system will automatically deduct all the securities lending interest of the contract from the customer's credit fund account at the time of liquidation on the same day. Therefore, customers are advised to keep enough cash in the credit fund account after repaying all the securities of the contract, so as to avoid the situation that the securities lending contract cannot be settled in time because the system fails to fully deduct the interest on securities lending.