This part includes the definition, principles and elements of securities trading; Special trading matters of trading mechanism and trading procedures; Basic knowledge and management requirements of securities brokerage business, proprietary business, customer asset management business, margin trading and bond repurchase transactions; Concept and application of securities registration, clearing and settlement.

Through this part of the study, it is required to master the characteristics and management requirements of procedures, trading rules, brokerage, self-management, customer asset management, margin trading and bond repurchase transactions. Master the types and basic contents of securities registration, the basic principles, processes, settlement risks and prevention of clearing and settlement.

Chapter I Overview of Securities Trading

Master the definition, characteristics and principles of securities trading; Familiar with the types of securities trading; Familiar with securities trading methods; Familiar with the types of securities investors; Master the conditions for the establishment of securities companies and the business they can carry out; Familiar with the meaning of securities trading places; Master the functions of stock exchanges and securities registration and settlement companies.

Familiar with the types and objectives of securities trading mechanism.

Master the qualifications, rights and obligations of members of the stock exchange; Familiar with the daily management of stock exchange members; Familiar with the provisions of penalties for members of stock exchanges who violate regulations; Familiar with the meaning, types and management methods of trading seats and marketing unit in stock exchanges.

Chapter II Securities Trading Procedures

Familiar with the basic procedures of securities trading. Master the types of securities accounts; Master the basic principles and requirements for opening a securities account; Familiar with the concepts of securities custody and securities depository; Master the contents of China's securities custody system.

Master the contents of the entrustment instruction; Familiar with the form of securities entrustment; Master the procedures and processes of entrusted acceptance; Master the declaration principles and methods of entrusted execution; Familiar with the conditions and procedures for revoking the entrustment instruction.

Master the bidding principles and methods of securities trading. Familiar with the types of transaction costs in securities trading; Master the meaning and charging standard of all kinds of transaction fees.

Familiar with clearing and settlement procedures between securities companies and customers.

Chapter III Special Transactions and Their Supervision

Master the relevant regulations on block trading of Shanghai Stock Exchange and comprehensive agreement trading platform business of Shenzhen Stock Exchange; Familiar with circular trading system; Familiar with the special handling regulations of stock trading; Familiar with the special regulations on the suspension and termination of listing of SME board stocks. Master the way of opening price and closing price; Familiar with the listing, delisting, suspension and resumption rules of listed securities in stock exchanges; Master the handling method of ex-dividend (interest) of securities and the calculation method of ex-dividend (interest) price; Familiar with the provisions on handling abnormal situations in securities trading; Familiar with the trading rules of integrated electronic platform for fixed income securities.

Familiar with the rules of stock exchange transaction information release and management; Master the provisions of the stock exchange on the supervision of trading behavior; Familiar with the relevant provisions on securities trading management of qualified foreign institutional investors.

Chapter IV Securities Brokerage Business

Familiar with the meaning and characteristics of securities brokerage business; Master the establishment process of securities brokerage relationship; Familiar with the main contents of the principal-agent agreement of securities trading; Master the requirements for opening a trading settlement fund account; Master the main contents of the third-party depository of customers' securities trading settlement funds; Familiar with the concepts, rights and obligations of securities trading customers and securities brokers.

Familiar with the general requirements of securities brokerage business management; Familiar with the operation specifications of the main links of brokerage business; Familiar with the key contents of investor education and appropriateness management; Familiar with the prohibited behavior in brokerage business;

Familiar with the main content and practice of securities brokerage business marketing; Familiar with the basic requirements of marketing supervision of securities brokerage business;

Familiar with the main contents and requirements of internal control of brokerage business; Familiar with the risk types of securities brokerage business; Familiar with the risk prevention measures of brokerage business; Familiar with the regulatory measures and legal responsibilities of brokerage business.

Chapter V Related Practices of Brokerage Business

Master the meaning and types of online stock issuance; Master the basic rules and operating procedures of stock online issuance fund subscription.

Master the operation process of dividend distribution; Master the operation process of appropriation payment; Familiar with the operating rules of online voting at shareholders' meeting.

Familiar with the relevant regulations of listed open-end fund business; Familiar with the relevant regulations of transactional open index fund business; Familiar with the relevant regulations of warrant business; Familiar with the operation process of convertible bonds into shares.

Master the meaning and business scope of stock transfer of securities companies; Familiar with the qualifications of securities companies engaged in share transfer services; Master the basic rules for handling share transfer; Familiar with the general contents of the transfer of listed shares of unlisted limited companies.

Familiar with the meaning of introducing business between securities companies; Familiar with the qualification and business scope of securities companies providing intermediary services; Master the business rules for securities companies to provide intermediary services.

Chapter VI Securities Proprietary Business

Master the meaning and characteristics of securities proprietary business; Master the basic requirements of securities proprietary business management; Familiar with the contents of prohibiting securities proprietary business; Familiar with the supervision and legal responsibility of securities proprietary business.

Chapter VII Asset Management Business

Master the meaning and types of asset management business; Familiar with the conditions for securities companies to obtain asset management business qualifications; Familiar with the basic principles and general provisions of customer asset management business management; Familiar with the relevant regulations and requirements of customer asset custody.

Familiar with the basic principles of directional asset management business; Familiar with the basic norms of directional asset management business operation; Familiar with the basic terms and main contents of the directional asset management contract; Familiar with the basic requirements of internal control of directional asset management business;

Familiar with the basic norms of collective asset management business operation; Familiar with the filing and approval procedures for the establishment of the collective asset management plan; Familiar with the basic contents of the description of collective asset management plan; Familiar with the basic terms and main contents of the collective asset management contract.

Familiar with the rights and obligations of securities companies and customers in the collective asset management business.

Familiar with the relevant provisions of the asset management business; Familiar with the risks and preventive measures of asset management business; Familiar with the regulatory measures of asset management business and the legal responsibility of asset management business in violation of relevant laws and regulations.

Chapter VIII Margin Financing and Securities Lending

Master the meaning of margin financing and securities lending business, and be familiar with the basic requirements of margin financing and securities lending business qualification management.

Master the basic principles of margin financing and securities lending business management; Master the account system of margin financing and securities lending business; Familiar with the application of customers in margin trading, customer credit investigation and customer selection criteria; Familiar with the basic contents of margin trading contracts and risk disclosure; Familiar with the basic requirements of customer account opening, the determination of credit limit and credit method.

Master the general rules of margin trading; Master the scope of the underlying securities; Familiar with the calculation of securities margin, the proportion and calculation of margin, the available balance and calculation of margin, and the monitoring of customer collateral; Familiar with the handling of securities rights and interests during margin financing and securities lending; Information disclosure and report of margin financing and securities lending business.

Familiar with the risk types and control of securities companies' margin financing and securities lending business; Familiar with the supervision and legal responsibility of margin financing and securities lending business.

Chapter IX Bond Repurchase Transactions

Master the concept of pledged repo transactions; Master the basic rules of pledged repo transactions in stock exchanges; Familiar with the basic rules of pledged repo transactions in the national interbank market.

Familiar with the meaning of bond buyout and repurchase transaction; Familiar with the trading rules, risk control, supervision and punishment measures of buyout repurchase in the inter-bank market; Familiar with the basic rules and risk control of buyout repurchase transaction in Shanghai Stock Exchange.

Master the clearing and settlement of bond repurchase transactions in China.

Chapter X Settlement of Securities Trading

Familiar with the concept, types and main contents of securities registration.

Master the concepts of clearing and settlement; Familiar with the connection and difference between clearing and settlement; Master the principles of clearing and settlement;

Master the relevant regulations and requirements of settlement account management.

Master the basic contents and main links of the securities transaction settlement process.

Familiar with the types of securities trading settlement risks and their preventive measures.