TA account refers to the product share registration account, which means the trading agent in the fund and is the abbreviation of transfer agent. The Shanghai TA account is used to register the types, quantities and changes of "open LOF funds" and "closed funds" held by individuals in all different fund companies in Shanghai.

The TA account is connected with the TA system, which is the abbreviation of China Clearing Company's open-end fund registration and settlement system, and is used to register investors' fund shares in Shanghai securities accounts or Shenzhen accounts. TA system is divided into Shanghai and Shenzhen TA system and Shenzhen TA system.

Fund trading account is an account set up by the bank for investors to conduct fund trading in the bank. Investors handling fund business through bank agency outlets must first open a fund trading account.

This account is used to record investors' fund trading activities and their fund shares. Fund trading account is an account where investors buy and sell fund share changes and balances through sales organizations.

The difference between fund trading account and TA account:

"TA account" refers to the account set up by the registration authority for investors, which is used to manage and record the variety and quantity changes of investors' funds. No matter through which channel the investor handles it, it will be recorded under this account.

"Trading account" refers to an account opened by a fund sales organization (including direct selling and consignment agencies) for investors, which is used to manage and record the changes in the types and quantity of funds traded by investors in the sales organization.

For example, if an investor buys funds from different companies in the same bank, there will be TA accounts of several fund companies, but only the trading account of this bank; On the other hand, if investors buy funds of the same company in different banks, there will be multiple trading accounts, but there will always be only one TA account.

Trading accounts are related to banks, and TA accounts are related to fund companies.

There are indications that the registration system (TA) of fund management companies in China is facing the biggest change since the establishment of open-end funds.

The registration and settlement of open-end funds led by China Securities Registration Company is gradually moving towards the center of the market.

With the acceleration of its docking with commercial banks, especially the four state-owned commercial banks with widely distributed outlets, it is possible for fund management companies to completely outsource TA system.