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.
In February, 20021,Supplementary Provisions of the Supreme People's Court and the Supreme People's Procuratorate on the Execution of Confirmed Crimes (VII) stipulated the crime of fraudulently issuing securities (the crime of fraudulently issuing stocks and bonds was abolished).
securities company
Securities companies-provide investors with channels to buy and sell stocks.
As an ordinary investor, in fact, it is the securities companies that have the most contact. We open an account with a securities company and buy and sell stocks through their intermediary. In fact, the positioning of securities companies in the stock market is very similar to that of a department store, which is convenient for consumers to buy and sell. So you can go to the securities company next door to your house to watch the sale, instead of going to the stock exchange to trade in person!
So, can all securities companies help investors buy and sell stocks? -No..
Ordinary investors must buy and sell stocks through securities companies, but it does not mean that all securities companies are engaged in the business of stock trading intermediary. According to the classification of business projects of securities companies, securities companies can be divided into four categories:
First, securities brokers, that is, securities companies that help investors buy and sell stocks.
Second, securities underwriters help enterprises to go public and issue shares. If investors want to buy new shares issued by the company, they must find this type of securities company.
Third, brokers, like ordinary investors, are also buyers and sellers of stocks. We generally call it a legal person, and one of them is a securities firm.
Fourth, comprehensive brokers are securities companies that operate the above three businesses at the same time.
Securities companies buy and sell securities on behalf of customers, and are intermediaries for securities investors to participate in the securities market. The profit source of securities brokers is the fee income collected from investors who entrust securities trading, which is called commission. Generally speaking, all countries have certain regulations on commission income. Securities brokers have rich professional knowledge and experience in securities investment, extensive information sources and high efficiency; Ordinary investors know little about the securities market, and the investment amount is small, so they can't directly enter the securities trading market. It is a desirable way to buy and sell through securities brokers.