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Does the fund need to open an account in a securities company to buy stocks?
At present, the exchange is a membership system, only members can enter the market to trade, and securities companies are members, so each fund needs to register and open accounts in securities and other businesses. Moreover, each fund is independent of the management company, which means that each fund is quite a person.

Securities company funds account opening process:

1. Select interested business units. If there are deep stocks, you need to know the Shenzhen seat number of the new business department;

2. On the premise that I have not traded on the trading day and there are no new shares in my account, I will cancel the designated transaction at the original securities company and transfer the deep shares to the corresponding seats in the new business department; The original securities company will settle interest and let customers transfer all their funds;

3. You can open an account in the sales department of the new company on the same day; If the bank card used is not the original bank card, you can confirm the relationship with the new business department on the same day; If the original card is still used, it is generally necessary to wait for the next trading day to disconnect the bank-securities relationship with the original broker, and then go to the bank for confirmation.