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What account do investors need to open to trade securities?
Investors need to open three types of accounts when trading securities:

1. Securities account, also known as shareholder account. Usually, you only need to open a Shanghai and Shenzhen A-share securities account to invest in securities. If you invest in B shares, you need to open a Shanghai and Shenzhen B share securities account.

2. Capital account, that is, a capital account opened in a branch of a securities company for trading and settlement.

3. Bank account, that is, bank passbook or bank card.

Securities are the general name of all kinds of economic rights and interests certificates, and also refer to specialized products, which are legal certificates used to prove that the holder enjoys certain rights and interests.

Securities mainly include capital security, currency securities and commodity securities. In a narrow sense, securities mainly refer to securities products in the securities market, including property market products such as stocks, debt market products such as bonds, and derivative market products such as stock futures, options and interest rate futures.

Securities are essentially civil rights with property attributes. The characteristics of securities are that civil rights are embodied in securities, so that rights are combined with securities, and rights are embodied in securities, that is, rights securitization. It is a legal phenomenon in the form of securities in the way and process of rights holders exercising their rights, a social phenomenon of symbolization of investors' investment property, and a sign and result of developed social credit.

Securities must be associated with specific forms of expression. In the development of securities, the earliest basic way to commend securities rights is paper, and the specific rights are expressed in words or graphics on special paper.

Therefore, securities are also called "documentary evidence" and "documentary evidence". However, with the rapid development of economy, especially the development of electronic technology and information network, paperless securities have appeared in modern society. Securities investors almost no longer own any securities in the form of physical coupons, and the number of securities they hold or the securities rights are recorded in the investor's account accordingly. The development process from "paper securities" to "paperless securities" reveals the great differences between modern securities concepts and traditional securities concepts.

Securities are documents of rights with property value. In modern society, people are not satisfied with the direct possession, use, income and disposal of wealth, but pay more attention to the ultimate domination and control of wealth, and securities, a new form of property, came into being. Holding securities means that the holder has control over the property represented by securities, but this control is not direct control but indirect control.