settlement refers to the act of performing the contract within the agreed time according to the liquidation results in the process of securities trading.
the settlement of securities transactions is an act of performing the contract within the agreed time according to the liquidation results, and its essence is to realize the receipt and payment of securities and prices according to the liquidation results, thus ending the trading process.
after the opening of OTC, more comprehensive channels such as investment, financing, settlement and custody have been opened. If customers need to purchase fund products and wealth management products, they must also open OTC before they can purchase related products. Cash treasure provides value-added services for idle funds in the client's fund account without affecting the normal securities trading of the client.
Extended materials:
cash treasure has nine functions:
1. It is only for individual customers in cash treasure, and the income becomes higher; ?
2. Monthly compound interest becomes daily compound interest: the income is automatically carried forward every day and compound interest every day;
3. query becomes faster: you can query the previous day's income at 8: every morning; ?
4. The threshold is lowered: 1 cent can be used to recharge and save money, and the cash can be deposited in cash treasure, and the funds can be received in one second at the earliest. The funds can be received in real time, and can be used on holidays. You can use your mobile phone to log in to cash treasure, and you can withdraw money at ATM.
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