Stock matching means that the stock matching company provides 1-1 times more capital matching than the shareholders' own funds. The trading account is provided by the stock matching company in a unified way, and the account is operated independently by the shareholders and can be bought and sold freely. However, in order to ensure the safety of funds, the fund-raising company will force the liquidation at the liquidation position. After the liquidation, the shareholders will not only lose their money, but also pay high interest. Therefore, stock matching is actually a loan relationship, that is, investors borrow funds from the funders and pay certain interest as the use fee of funds.
Stock allocation mainly includes on-site allocation and off-site allocation. On-site allocation refers to the margin financing and securities lending business of securities companies, while off-site allocation refers to the public borrowing and stock trading conducted by trust companies and online allocation platforms.