Securities companies are the main intermediaries in the securities market and play an important role in the operation of the securities market.
On the one hand, securities companies provide help for investment and financing services in the securities market and provide their professional services for securities issuers and investors. Such as securities brokerage, sponsorship and underwriting.
On the other hand, securities companies are also important institutional investors in the securities market.
The main businesses of securities include securities brokerage business, securities investment consulting business, financial consulting business underwriting and sponsorship business related to securities trading and investment activities, securities self-operated business, securities asset management business, introduction (IB) business between securities and companies, and direct investment business. The details are as follows:
1. Brokerage business. Before this online account opening became popular, there were specialized stockbrokers to develop clients for brokerage companies.
2. Self-operated business. Use the scale of funds and low cost to carry out self-operated business and buy and sell securities to make money.
3. Asset management business. With its many advantages, it helps customers manage their finances and earn financial service fees.
4. Margin trading. Lend money to customers to buy securities or lend securities to customers for sale, and charge service fees.
5.IB business. Many securities companies control their futures companies or are controlled by the same institution. Securities companies help futures companies attract customers and charge service fees.
6. Issuance and underwriting business. The shares of a joint-stock company must be recommended by a securities company before listing. This involves many laws. After listing, I helped the joint-stock company underwrite (now the shares of the joint-stock company can no longer be sold by myself), and the underwriting cost a very considerable income.
What do securities companies do? Of course, there are some small things that securities companies do, but these are the main sources of income for securities companies.
Classification of securities companies
According to the classification results of 202 1 China securities companies, 15 securities companies were rated as AA, 35 securities companies as A, 18 BBB companies, 16 BB companies,10 CCC securities companies, and finally 6544. The main grades of securities companies are five grades of ABCDE, among which three grades of Agricultural Bank of China correspond to three sub-grades, so there are 1 1 grades in total.
Classification evaluation index of securities companies
1. capital adequacy ratio: this indicator usually looks at the net capital of a securities company to judge the company's capital strength;
2. Corporate compliance: This indicator mainly reflects whether the securities company is compliant in governance and operation;
3. Dynamic risk: This indicator reflects the specific situation of securities companies' identification and early warning of various dynamic risks;
4. Information technology management: This indicator is aimed at the information technology management of securities companies;
5. Customer's rights and interests: This indicator is mainly aimed at whether the securities company can effectively ensure the safety of its assets when serving customers;
6. Information disclosure: This indicator checks whether all kinds of information disclosed by securities companies are true, accurate and timely.
That's what securities companies do. Ordinary investors mainly deal with the sales department of securities companies. Services include: opening and closing securities accounts, handling various securities businesses, dealing with problems encountered in various transactions, account inquiry, complaint handling, consultation and investor publicity and education.