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Ask: What is the minimum handling fee for margin financing and securities lending of China Securities Company, and what is the cost of margin financing and securities lending?
1. At present, there are two kinds of handling fees for margin financing and securities lending: one is interest, which is unified throughout the country. The annual interest rate of financing is 8.6%, and the annual interest rate of securities lending is 10.6%. If a day is divided by 360, and so on. The second is the trading commission, which is different for each securities company, 8,000 yuan, and some are the same as the original account commission. Please contact the account manager for details.

As for the proportion, it depends on the credit account limit given to you. Generally speaking, 500,000 assets (including stocks) can be granted to 300,000.

2. The charges for margin financing and securities lending are similar to those for ordinary accounts, with more interest. The longest credit period of margin customers is only half a year, and the final fee is calculated according to the actual borrowing time of customers. For example, if an investor raises money from a securities company, buys a stock and sells it after holding 10 days (after selling the stock, the funds will be automatically returned to the securities company), then only the interest within this 10 day will be calculated. The financing interest rate shall not be lower than the benchmark interest rate for loans of financial institutions in the same period stipulated by the People's Bank of China.

3. Financing interest = actual amount of funds used × number of days used × financing annual interest rate /360.

Securities lending fee = actual amount of securities used × number of days used × annual interest rate of securities lending /360.

Actual amount of securities used = actual amount of securities used × selling transaction price.

The actual use days are calculated according to natural days, and the head is not counted. If it is less than one day, it shall be counted as one day. That is, it will be collected on the day of actual use and will not be collected on the day of repayment; If T+0 uses the company's margin for margin financing and securities lending during the transaction, the company will charge interest or fees for one day according to the amount used.