When everyone hears about the stock trading market, the first thing that comes to mind is the Shanghai Stock Exchange and the Shenzhen Stock Exchange. The main board, GEM, and Science and Technology Innovation Board all belong to these two exchanges. We often see information about Information about the sector also includes the Third Board, so is the Third Board on the Shanghai Stock Exchange or the Shenzhen Stock Exchange?

Is the Third Board on the Shanghai Stock Exchange or the Shenzhen Stock Exchange?

The Third Board belongs to neither the Shanghai Stock Exchange nor the Shenzhen Stock Exchange. Trading on the Third Board The system name of the stock is the National Equities Exchange and Quotations, referred to as the National Equities Exchange and Quotations. The National Equities Exchange and Quotations is a national securities trading venue established with the approval of the State Council, and the National Equities Exchange and Quotations Co., Ltd. is its operation and management agency.

Now the Third Board is generally called the New Third Board. The stocks on the New Third Board are divided into three levels, namely the basic level, the innovative level, and the selected level. These three levels have high investment thresholds, respectively. As follows:

1 Basic layer: Individual investors need to have more than two years of securities investment experience, and the average daily securities assets in the 10 trading days before opening an account need to be more than 2 million yuan.

2 Innovation layer: Individual investors need to have more than two years of securities investment experience, and the average daily securities assets in the 10 trading days before opening an account need to be more than 1.5 million yuan.

3 Selected Level: Individual investors need to have more than two years of securities investment experience, and the average daily securities assets in the 10 trading days before opening an account need to be more than 1 million yuan.