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Should you cancel your securities account if you no longer need it?

There is no need to cancel the securities account if it is no longer used. If you do not hold stocks for a long time, it will become a dormant account. When you want to buy in the future, you can just go to the securities company to activate it. If you want to change to a securities company, you do not need to cancel it. Account, just transfer.

Introduction to securities

Securities are a collective term for a variety of economic equity certificates. Securities mainly include capital securities, currency securities and commodity securities. Securities in a narrow sense mainly refer to securities products in the securities market, including equity market products such as stocks, debt market products such as bonds, and derivative market products such as stock futures, options, interest rate futures, etc.

Securities are essentially civil rights with property attributes. The characteristic of securities is that civil rights are expressed in securities, so that rights and securities are combined. Rights are embodied in securities, that is, the securitization of rights. Securities represent rights certificates with property value. In modern society, people are no longer satisfied with the direct possession, use, income and disposal of wealth, but pay more attention to the ultimate dominance and control of wealth. Securities, a new form of property, emerged as the times require.