North Exchange New Third Board Account Opening Conditions
The condition for opening an account in Beijing Stock Exchange is 500,000 yuan plus 2 years of securities experience. The New Third Board is divided into basic layer, innovative layer and selected layer. The capital requirements for opening an account are 2 million/1.5 million/1 10,000 respectively. The entry threshold, trading rules, supervision and management, trading threshold and so on adopted at different levels will be different.
Conditions for opening an account in Beijing Stock Exchange:
1 The entry threshold for individual investors is that the average daily securities assets reach 500,000 yuan in the 20 trading days before the trading authority is opened (excluding the funds and securities that investors integrate through margin financing and securities lending).
2 have more than 2 years of securities trading experience, the first transaction of an account under the name of ID card, buying and selling stocks or ETFs are all trading experiences.
Relevant regulations for the opening of the New Third Board:
Conditions for the opening of the New Third Board's basic layer: before the opening 10 trading day, the average daily assets are 2 million or more, two years of stock trading experience, and the risk tolerance is C4 or above.
Conditions for the opening of the innovation layer of the New Third Board: before the opening of the application authority 10 trading day, the daily average assets of the securities account and capital account in my name are above RMB10 million yuan. A natural person investor with prescribed investment experience, work experience or post-holding experience.
Because the North Exchange is established on the basis of selected floors, the threshold for opening an account has been reduced to 500,000, so customers who have already opened the authority of selected floors of the New Third Board will be automatically upgraded to have the account and trading authority of the North Exchange without operation. Judging from the capital and experience, the opening conditions of the North Exchange are the same as those of the science and technology innovation board, so investors who can't open the science and technology innovation board can't open the North Exchange.
Whether you buy shares of the North Exchange, or stocks at the basic or innovative level, you must first open its trading authority. Moreover, the trading rules of different stocks are different, so investors must be familiar with them.