Some Brokerages Want To Test The Water Management Funds Independently.

< p > > a href= "http://www.91se91.com" > Internet Securities < /a > -- this new format has officially entered the capital market.

For investors, this is not just about online accounts and pactions. For the securities industry, it is not just a series of simple environmental changes such as low commission rates.

This business endows securities companies with autonomy in account management, which will bring an essential revolution to the comprehensive financial services innovation of securities companies. < /p >

< p > CITIC, galaxy, Guotai Junan, Ping An, the Great Wall, and Huachang 6 vouchers are eligible for pilot internet securities, marking the new entry of Internet securities into China's capital market.

And this business gives securities companies autonomy in account management, which will bring essential revolution to the comprehensive financial services innovation of securities companies.

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< p > the Shanghai Securities Daily reporter learned from the pilot brokerage office that the core of the pilot scheme for internet securities business is account management. The Internet securities account opened by investors is independent of the A share account. It has greater flexibility in payment, trading, capital custody and settlement. Some of the pilot securities dealers will manage the funds independently through internet securities.

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< p > < strong > Internet securities account reflects independence and risk stratification < /strong > < /p >

< p > the Shanghai Securities Daily reporter learned from the pilot brokerage office that the Internet securities account is independent of the common A share account, and it is hierarchical and stratified according to the risk characteristics in the construction of the account system, which embodies the concept of "comprehensive financial management".

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< p > it is learnt that as early as the organization of Securities Association of China conducted an innovative evaluation of Internet securities, it explicitly proposed the independence requirement of Internet securities account.

Under the background of the development of securities companies' innovation and wealth management industry, this provides flexibility and autonomy for brokers to explore new account management mode.

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< p > on the basis of account independence, all brokers put forward the idea of hierarchical management of accounts in the pilot scheme.

The first batch of pilot securities companies plan to divide their Internet accounts into three levels. Different levels of accounts reflect different risk characteristics and investors' appropriateness management requirements.

Consumer and financial accounts are limited to the provision of off-site services to customers.

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< p > a pilot securities dealer responsible person said that the company intends to divide internet securities accounts into three categories: basic accounts, financial accounts and securities investment accounts. Different accounts have different authorities, corresponding to different product risk levels, and apply different investors' appropriateness management regulations.

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< p > "for example, the < a href=" http://www.91se91.com/news/index_cj.asp "< /a > in the basic account will be able to consume, interbank pfer and purchase cash management financial products with the convenience level of the current online payment.

The financial account is used to purchase all kinds of financial products with relatively high risk level.

The person in charge said.

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< p > another pilot brokerage business personnel introduction, the Internet securities account is different from the A share investment account. It embodies the concept of "comprehensive financial management". Through different levels of Internet securities accounts, customers can not only achieve financial needs, but also perform pfers, consumer payments and other operations.

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There are also differences between the accounts of the three categories of accounts on the Internet. The mode of authentication accounts for different levels. The performance of P accounts in a progressive way. The primary accounts with low paction permissions and low risk characteristics can only open accounts after completing personal information and related bank cards. The highest level securities trading accounts need to be authenticated by the staff of the securities companies and compared with the identity materials before they can be opened.

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< p > < strong > some brokerages want to test the water management funds independently. < /strong > < /p >

< p > the independence of Internet securities provides greater space for securities dealers to develop account management and provide better financial services in accordance with customer needs.

The Shanghai news reporter was informed that some pilot securities companies in the pilot program, clearly put forward the idea of independent management of Internet banking account funds.

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< p > the so-called "independent management", that is, the Internet securities account established by customers, does not require third party depository management. Instead, the securities company opens a unified financial fund special account in commercial banks, and stores customers' financial management funds.

And securities investment accounts will also be strictly implemented in accordance with the requirements of the third party depository.

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< p > since the comprehensive management of securities companies, investors have been implementing the third party depository system for securities trading funds. Following the principle of "securities brokers' management of securities and bank funds", investors' securities accounts and securities margin accounts are strictly separated and managed.

Under the third party depository management mode, securities companies no longer provide customers with access to paction settlement funds, but are responsible for customer securities trading, stock management and clearing and settlement.

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< p > senior experts say that the current development of China's securities industry is no longer the same as that of that year. At the same time, when developing financial services, the requirements for the safety requirements of clients' trading settlement funds and the appropriateness of risk management have been internalized into the self requirements of securities companies.

The "independence" of Internet securities financial accounts makes it possible to explore the independent management of OTC financial accounts by brokerages.

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< p > "the most essential content of Internet Securities pilot is starting from the needs and convenience of customers, and innovating financial services in accordance with the law compliance and risk stratification management."

A pilot securities business leader said that since the comprehensive management of securities companies, in order to regulate the development of the industry, securities companies have lacked substantial securities depository settlement function, and the paction function is weak and the payment function is limited. Now this not only restricts the innovation of securities companies, but also restricts the development of the entire financial industry. This situation is not compatible with investors' financial needs.

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After the P 2012 Security Council Innovation Conference, the China Securities Association Leaders explicitly suggested that the securities companies should be rebuilt as the five basic functions of investment banking, trust settlement, payment, financing and investment, so as to truly realize the sustainable development of the securities industry.

Since then, consumer spending, asset trusteeship and other businesses have been breaking the ice.

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< p > industry insiders say that starting from the pilot of Internet securities, securities companies are expected to take a more substantive step in reconstructing the five basic functions and improving the level of comprehensive services.

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< p > in addition, the pilot "a href=" http://www.91se91.com > brokerage "/a" also indicated that the pilot scheme of Internet securities approved by the association's professional evaluation is still in the tentative stage, and the gradual implementation and improvement of the account system will be progressively promoted according to the actual operation.

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