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