Stock Terms: What Is The Three Board Market (Three Board Securities)?

Stock terms: what is

Three board securities, that is, issued in the third board market.

The three board market is set up to solve the historical problems left over by the original N ET and STAQ systems such as listed company's circulation shares. The purpose is to provide an effective circulation channel for the circulation shares of these companies.

The third board market is a two-way expansion market. A good three board company can go to the motherboard, and the main board stock with poor performance will also go down to the three boards (such as narcissus). Besides, the stocks left behind by the original historical problems will also gradually move to three boards (such as Hengtong group), and this year, there will be an increasing trend in the stock market of the Shenzhen stock market's main board.

Most of the stocks on the three board trading are lower in stock price, and once they return to the main board paction, the benefit is very substantial, which makes their shell resources value prominent.

The paction time of the third board market is Monday, Wednesday and Friday on a weekly basis. The time of assignment is from 9:30 a.m. to 11:30 p.m., and from afternoon to close.

The third board market, that is, the agency pfer of shares, refers to the special pfer service provided by non-listed company, which is authorized by the Securities Association of China by the securities company that has the qualification to pfer shares of non-listed company and adopts the electronic paction mode.

Its function is to give full play to the role of intermediaries in securities companies and make full use of the existing securities company network system of the agent pfer system to facilitate investors' share pfer, provide investors with efficient and standardized registration and settlement services, guarantee pfer order, and rely on the technical service system of the agent pfer system to avoid duplication of construction, reduce market operation costs and risks, and reduce the cost burden of market participants.

The name of the three board market is commonly known by the industry. Its official name is "agency pfer system".