Commissions and points are related.

The brokerage's sub-position commission can be roughly equated to the research institute's operating income. Specifically, the analyst's personal salary is linked to the distribution points. The "distribution points" represent the percentage of the analyst's client commissions to the institute's total commissions.

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Brokerages sell fund research reports and provide investment research services. However, the fund company will score the brokers and there is a settlement of distribution points, which is the distribution of commissions.