1. A securities company refers to a financial institution established with the approval of the competent securities authority and engaged in securities issuance business, securities trading business, securities proprietary trading business, securities debt service and dividend distribution business. It is mainly composed of legal institutions. Brokers can be divided into two categories: one is brokers in the securities issuance market, belonging to securities underwriters; The other is the securities dealer in the securities circulation market, which belongs to the securities broker. Securities brokers can be divided into two categories: securities dealers in stock exchanges and securities dealers in over-the-counter markets.
2. Securities broker: A securities company that conducts securities trading on behalf of its clients is an intermediary for securities investors to participate in the securities market. The profit source of securities brokers is the fee income collected from investors who entrust securities trading, which is called commission. Generally speaking, all countries have certain regulations on commission income. Securities brokers have rich professional knowledge and experience in securities investment, extensive information sources and high efficiency; Ordinary investors know little about the securities market, and the investment amount is small, so they can't directly enter the securities trading market. It is a desirable way to buy and sell through securities brokers.
Two, the fund company refers to the approval of the China Securities Regulatory Commission, established in China, engaged in securities investment fund management business of securities investment fund management company (fund company). The board of directors of the company is the highest authority of the fund company.