There are three main ways to organize financial transactions: exchange trading, over-the-counter trading and telecommunications network trading.

1. Stock exchange trading

A stock exchange is a trading place with fixed facilities, members and management agencies. This place provides bidding venues and various services for buyers and sellers of listed securities. Services, but the stock exchange itself does not buy or sell securities. Its main function is to facilitate transactions between buyers and sellers. The stock exchange has a complete organizational charter and management rules. It has strict restrictions on the members it absorbs. Each member has his or her own seat in the exchange, and only members have the right to trade in the exchange.

2. Over-the-counter transaction

Over-the-counter transaction is also called over-the-counter transaction. Different from stock exchanges, over-the-counter trading is the direct buying and selling of securities through a special counter set up by a securities company with the securities company as an intermediary. It is a loose form of market trading organization. The securities traded here mainly do not meet the conditions for listing. or securities that are unwilling to be listed.

3. Telecommunications network transactions

Criminals create "phishing" web pages similar to the official websites of some banks, steal online banking information and then withdraw cash from the account. Anti-fraud countermeasures are to check whether it is the official website of the bank when logging in to the bank's website, and to take good care of your own online banking certificate to avoid conducting online transactions on public computers.

Extended information:

Securities transactions are mainly exchange transactions

Customers must buy and sell securities through a broker, and the broker accepts the customer's buying and selling entrustment Afterwards, the members in the trading hall are contacted by phone and online, and then the members of both parties facilitate the transaction through an auction. Generally, the member holding the selling order will first make an offer, and then the member holding the buying order will make a counter-offer. The final transaction price will be determined through public bidding. After the transaction is completed, the customer will be notified when the delivery will be made.

In fact, the stock exchange is an auction market. At present, our country has the Shanghai Stock Exchange and the Shenzhen Stock Exchange. Buying or selling relevant securities directly through the counter or entrusting a broker to act as an agent, that is to say, both the buyer and the seller conduct transactions with the securities company respectively, and the buying and selling of securities are carried out separately.

The final price is not determined by direct bidding between buyers and sellers, but is determined by the securities company itself based on market conditions and supply and demand. Generally, the buying price quoted by a securities company will be lower than the selling price, and the price difference between them is the securities company's profit.

Baidu Encyclopedia-Financial Trading Place