The seat number of China Industrial and Commercial Bank is in the state of fund transfer custody. Fund re-custody refers to the behavior that fund share holders apply to transfer all or part of their fund shares to the trading account of a sales organization and then to the trading account of another sales organization. It can also be said that re-custody refers to the business that the same investor transfers the fund shares held by one institution to another. The types of documents and materials carried in the re-custody business are the same as those carried in the purchase and redemption.

I. Seat number

Seat number means that all brokers are members of the Stock Exchange, and each member has a seat number. Just like a user has a securities account in Shanghai and Shenzhen stock markets. "The new scheme of annual seat fee is a bit like charging according to the call duration. The more telephones, the higher the cost. In other words, the more transactions brokers make, the higher the corresponding fees. Of course, this is more reasonable and timely than the previous fixed seat charging model. " The deputy general manager of the financial department of China Merchants Securities once said that in the year of light trading, the new charging scheme can reduce the operating costs of securities companies; In the year of active trading, the operating cost may increase accordingly, which will make the cost and income of securities companies more matching and reasonable.

Second, the role of the number of stock seats.

In the A-share market, the word "seat" refers to the terminal provided by the exchange for members to conduct bidding transactions in the trading hall. To put it simply, the exchange will give a seat number only after the broker becomes a member of the exchange. With the seat number, the quotation of the exchange will be displayed on the trading software of the broker. This is the function of the seat number. Of course, the number of seats is not provided by securities companies, but the common seats are QDII seats, fund seats, insurance seats, hot money seats and institutional seats.

To sum up, under the membership system of the exchange, only well-funded institutions can open the seat number, while individual investors can obtain the quotation information of the exchange by virtue of the seat number of the securities company.