when the products invested by securities companies encounter these irresistible risks, their returns may be negative.

the profit of financial management of securities firms is determined by the investment scope and investment risk of products.

1. Brokerage financing mainly invests in financial products with high returns and high risks, such as stocks and bonds. These financial products are volatile and have many uncertainties, so their risks and returns are between stocks and bank deposits.

2. The risk of financial management of securities firms is high, mainly including market risk, unsystematic risk and transaction process risk, which are difficult to control.