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Which echelon does Southwest Securities belong to?
Securities companies belong to the third echelon.

The main reason is that its competitive position in the industry is relatively low. Although the company has a wide business scope and certain advantages in some specific areas, such as a relatively complete business platform and a stable customer base for futures business, it also has a good foundation in risk management and compliance management.

However, compared with the first-class brokers and some powerful second-tier brokers in the industry, Southwest Securities still has a certain gap in overall strength, market share and brand influence.