This business follows the principle of "securities management by brokers and funds management by banks", that is, securities management by brokers and funds management by banks, and investors' securities accounts and securities margin accounts are strictly managed separately.
Extended data:
The difference between third-party depository and traditional transfer;
1. Customer deposits used to be managed by brokers, but now they are managed by banks;
2. Investors' deposits and withdrawals must be made through third-party depository bank-securities transfer, and the counters of securities companies no longer accept cash deposits and withdrawals and bank-securities transfer;
3. Customers can handle deposit and withdrawal through telephone banking, online banking, self-service entrustment of brokerage business department and telephone entrustment.
Baidu encyclopedia-tripartite depository