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How to deposit and manage funds
The full name of "third party depository" is "third party depository of customer transaction settlement funds". In the past, in securities trading activities, the settlement funds of investors (that is, customers) were kept by a securities company. Later, the CSRC stipulated that customers' transaction settlement funds should be uniformly deposited by third-party depository institutions. At present, the third-party depository institutions here refer to commercial banks with third-party depository qualifications.

"Third-party depository" is a business provided by commercial banks, which is often used in securities, futures, real estate and other trading activities. Taking the third-party depository in securities trading as an example, it means that according to the requirements of laws and regulations, the depository bank is entrusted to take charge of the deposit and withdrawal of customers' funds and the delivery of funds, and the securities trading operation remains unchanged. Securities trading settlement funds of clients of securities companies shall be deposited by banks.

Tips: The above information is for reference only. There are risks in entering the market, so investment needs to be cautious.

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