A securities company (commonly known as: securities dealer) refers to a limited liability company or a joint-stock company that engages in securities business in accordance with the provisions of the Company Law and upon review and approval by the securities regulatory authority of the State Council.

It is a type of non-bank financial institution, a legal organizational form engaged in securities business, and a legal person enterprise specializing in the purchase and sale of securities. It is divided into securities operating companies and securities registration companies.

According to the provisions of my country's Company Law, securities companies have been regulated and managed in accordance with the modern enterprise system since their establishment, so that securities companies can become of a certain scale, with clear property rights, responsible for risks, and rights and responsibilities. A modern enterprise with clear and scientific management assumes the responsibilities of a securities company in the issuance and trading of securities.

Extended information:

Characteristics of my country's securities companies,

1. Most of them are state-owned enterprises, and the donation of assets must meet the relevant regulations of the state-owned assets management department. ;

2. Most of them are unlisted companies, with limited share circulation and no market price, but they have plans to go public and can meet the relevant regulations of listed companies.

Therefore, stock options and employee stock ownership are more suitable for Chinese securities companies.

Baidu Encyclopedia - Brokerage