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How can there be three-party depository for securities cancellation?
No connection was cancelled. Securities are all kinds of economic rights and interests certificates, which are used to prove that the holders of securities enjoy certain rights and interests. If it is cancelled, it needs to be attached together, and there is no connection. Therefore, the three-party depository also includes fund securities, currency securities and commodity securities. Fund securities include stocks, bonds and their derivatives such as fund securities and futures contracts.