Can margin financing and securities lending buy floor funds?
Margin trading can buy floor funds, but there will be restrictions, and different brokers have different regulations. For example, Essence Securities stipulates that credit accounts can be traded in trading funds within the scope of margin financing and securities lending, but other funds do not support it. Huatai Securities stipulates that margin accounts cannot buy funds or wealth management products, but they can buy on-site funds that meet the conditions of collateral purchase or financing purchase.
Credit accounts, namely margin financing and securities lending accounts, can be used for margin buying, margin financing and securities lending and secured transactions (ordinary transactions). Financing buying and selling can only operate the trading varieties in the basic securities pool, and can operate the trading of collateral to offset the trading varieties in the margin financing and securities lending pool. Stocks in non-target pools and guarantee pools cannot be operated.
How many times can margin financing and securities lending leverage?
The maximum leverage of margin financing and securities lending shall not exceed 2 times. The specific value involves the value of collateral in the account, T- 1 end-of-day assets, concentration control and other factors, which need to be combined with the specific situation in your account.
Margin is a dynamic credit line, which is calculated according to the net assets at the end of the day (the previous trading day), taking into account factors such as credit rating and risk rating. The dynamic credit line shall be rounded to within 10000 yuan. The credit limit of the credit blacklist and judicial disposal investor's credit account is 0.
The credit limit of margin financing and securities lending is related to the funds in the account and the market value of securities. When the market value of funds and securities changes, the credit line can be increased.
Margin trading includes financing buying and selling. Financing buying refers to financing buying, and financing selling refers to selling, which means that you are in the margin trading interface.