This seat is the account of the securities company. Just as we buy stocks with our own accounts, we can trade with the stock exchange with our own seats. Moreover, insurance companies, social security funds, securities investment funds and other institutions have their own seats to buy stocks. Brokers can merge multiple seats into one seat for trading, which is called seat merger.

How to open a securities account?

1, opened offline. Investors hold valid personal identity documents and photocopies to open an account at the local securities business department or securities registration institution.

2. Open online. First of all, investors need to download the software to open an account in a brokerage firm and upload their personal ID card. Then the staff of the securities company will ask for a video call. After answering a series of questions, they can set the transaction password. Then the securities company will ask investors to make a risk assessment to assess their risk tolerance. After waiting for the approval of the securities company, the online account opening is completed.