2, investors need to determine whether they meet the requirements of securities companies margin customers.
3. Investors need to comprehensively determine the investor's credit limit through the credit reporting company at the headquarters of the securities company according to the application materials, credit status, collateral value, performance and market conditions submitted by investors.
4. Investors need to sign financing and securities lending contracts, risk disclosure books and other documents with securities companies.
5. Investors open credit securities accounts and credit fund accounts in the account opening business department.
After the above steps, the investor's account opening procedures in the securities company have been completed. When investors submit full collateral, they can start margin trading.
Extended data
danger
1. Margin trading can help the underlying securities rise and fall. The securities market has the characteristics of going up more, buying less, falling more and selling less, which is what we often say. Margin trading is introduced into credit trading, and investors can operate through margin trading to help the underlying securities rise and fall.
2. The introduction of margin financing and securities lending business makes securities trading easier to be manipulated. Margin trading produces leverage effect by introducing credit transactions, which makes it easier for speculative funds to manipulate the market, easily causing huge fluctuations in the market and damaging the interests of investors.
3. Margin trading may pose a threat to the stability of financial system. Margin trading is a kind of credit transaction, and the implementation of margin system has intensified the turmoil in the securities market. In extreme cases, if investors have good expectations for the future and continue to do more, financing may lead to a large amount of funds such as credit entering the securities market.
The spot market produces a large number of bubbles and accumulates financial risks; In the case of economic recession and market depression, investors are unanimously short, and securities lending leads to a sharp drop in the spot market and even a market crisis. The violent fluctuation of the spot market will also greatly damage the stock index futures market, and the margin trading business increases the systemic risk of the whole financial system.
Operation guide
1. The speed and degree of stock price correction caused by short selling of securities may cause panic, lead the market to follow suit, and make investors reluctant to lighten their positions due to the pressure of closing positions. Therefore, investors should try to avoid large-scale short selling, especially when the market is in a downturn.
2. The amount of funds and securities held by retail investors is relatively small. Therefore, under normal circumstances, shorting based on short-selling motivation is only suitable for institutional investors; Only retail investors insist on shorting a stock for a long time, or follow the trend of the market, can they short this stock, but they must look at the stock and the general trend, otherwise the risk is even greater.
3. In the process of stock price decline, the stocks held by investors are often deeply covered, but there is a lack of funds to cover the positions to reduce the holding cost.
4. The data information of margin trading can provide the latest trend vane for the market.
5. When the securities firm forcibly closes the position or closes the investor's credit account, the investor loses the opportunity to regain profits and recover losses when the market picks up.
Baidu encyclopedia-margin trading