What is the difference between margin and regular accounts?

Ordinary trading accounts can only be long Margin trading can be long or long. It can better resist the risk of ****, but there will be threshold restrictions on the trading period and funds for margin trading.

However, margin trading.

In layman's terms, you use margin.

Make a mortgage, borrow money from the company or buy and sell, once the loss exceeds the proportion specified by the company, the company will forcibly sell your money or require you to pay a deposit, and there is little personal autonomy.

At the same time, ordinary transactions in margin accounts can buy non-standard **, but the margin cannot be converted according to the market value.

If you have any other questions, please feel free to consult and discuss.

1) When the customer engages in ordinary ** trading, he must have sufficient funds in advance, and when he sells **, he must have sufficient **; Engaged in Rongzi coupon trading, customers can borrow funds from **company when they are about to ****** and do not have enough funds on hand******, and when they are about to ** and do not have ** on hand, they can borrow ** from **company to sell. (2) Compared with ordinary ** transactions, customers can expand their trading chips by giving Rong Zi Rong Coupon to ** company, which has a certain financial leverage effect. (3) The customer is engaged in ordinary ** transactions, and there is only a entrusted buying and selling relationship with ** company; Engaged in Rongzi Rong Coupon trading, there is not only an entrusted buying and selling relationship with the company, but also a loan relationship of funds or **, so it is necessary to pay a certain percentage of the margin to the ** company in the form of cash or ** in advance, and sell all the funds of the Rongzi ** and the Rong Coupon to the ** company as collateral.

4) When the customer engages in ordinary trading, the risk is entirely borne by him/herself, and he can buy and sell all the products listed and traded on the exchange; When engaging in Rongzi coupon trading, if you cannot repay the funds on time and in full, it will also bring risks to the company, so customers can only buy and sell within the scope agreed with the company.

Both margin accounts and ordinary accounts can carry out financial cooperation activities on A-shares, but there are some differences between them: 1. Different entry thresholds; The entry threshold for margin accounts is higher, and on the basis of ordinary accounts, investors are required to have an average daily asset of 500,000 yuan in the first 20 cooperation days. 2. The rules of cooperation are different; Ordinary accounts can only be long, while margin accounts can be shorted, and there is a margin system.

3. The scope of cooperation targets is different; Using margin account cooperation, investors can only buy the ** within the scope of the target, while using ordinary account cooperation, the scope of the investor's cooperation target is relatively wider, which is the ** in the entire A** market. 4. The relationship with the first company is different; The investor of the ordinary ** account and the ** company have an entrusted buying and selling relationship, while the investor of the margin trading account and the ** company also have a lending relationship in addition to the entrusted buying and selling relationship.

In fact, the simplest analogy is the difference between a savings card and a credit card, the ordinary account must hold its own funds to operate, and the margin account can borrow money from the brokerage to increase leverage**, but the corresponding interest needs to be paid, and there must be enough collateral in the account.

The two financial accounts are credit accounts, which need to pay a certain margin, and there are certain restrictions when conducting ** transactions, such as maintaining the guarantee ratio, closing line, etc.

There's a lot of knowledge you have to make up for in this area. 27

The margin account is different from the ordinary account, the margin account is a credit account, and the ** of the ordinary account needs to be transferred to the credit account as collateral in order to margin trading, but ** can be traded in the credit account.

Hello, it's two accounts, not the same.

The margin account and the ordinary ** account are separated, and to open a credit ** account and a credit fund account. Among them, the ** credit account is the ** account opened by the investor to participate in margin trading and securities lending. This account is the secondary account of the "Customer Credit Transaction Guarantee Account" opened by the ** company in the ** registration and clearing institution, which is used to record the detailed data of the guarantee ** held by the ** company entrusted by the investor.

Investors can only have one credit account for trading on an exchange. The credit fund account refers to the fund account opened by the investor in the depository bank designated by the company. This account is the secondary account of the "customer credit transaction guarantee fund account" opened by the company in the bank, which is used to record the detailed data of the guarantee funds deposited by the investor.

Investors can only open one credit fund account. After the credit account is opened, the investor should also sign a tripartite depository agreement and designate a depository bank to complete the third-party depository signing of the investor's transaction settlement funds.

Margin trading, also known as "** lending transaction", refers to the investment behavior of raising funds from ** companies of Shenzhen Stock Exchange to purchase and list, or borrow or **list**. House. Financing refers to borrowing money to buy**.

The investment company lends money to the user to purchase** and repays the loan principal and interest on the maturity date of the loan. User funds that buy** from an investment company are referred to as "short-term purchases". Borrowing is the process of borrowing.

Finally, ** will be returned. **The company lends to customers. The customer returns the same type and quantity of ** and pays interest when due.

The client makes a "short sale" to the investment company.

The investor borrows funds from the company to buy, and returns the principal and interest of the loan after maturity, and the investor buys from the company and sells it, and returns the principal and interest of the loan on the maturity date. The essential difference between securities lending and financing is that securities lending is sold in **company, financing is in **company securities lending**, selling at the same time of buying, securities lending is selling in **company, when buying and selling at the same time, securities borrowing and lending is still selling in **company.

The two financial services refer to margin trading and securities lending, which are divided into margin trading and securities lending trading. Financing transaction is that the investor borrows funds from the brokerage company for ** trading with funds or ** as pledge, and repays the loan principal and interest within the agreed period; Securities lending transaction is that investors borrow funds or ** as pledges, borrow ** from the brokerage firm to sell, and within the agreed period, **the same quantity and variety** will be returned to the brokerage and pay the corresponding securities lending fees. Generally speaking, the key to margin trading lies in the word "financing", and investors with "financing" must provide certain guarantees and pay certain fees, and return the borrowed funds within the agreed period.

The former means to buy ** by borrowing money, just to make the **ticket** higher; But the latter means that the ** will be sold, and then the corresponding collateral needs to be provided to the **company, and then in order to see the **ticket**. It refers to two different concepts, and then the market for which it is aimed is completely different.

1. What are the differences between financing and securities lending?

1. The differences between margin financing and securities lending are as follows:

1) Financing is bullish. Therefore, borrowing money from the company to buy, borrowing money from the company to buy, the customer borrowing to the customer to buy, the customer repays the principal and interest when due, and the customer buys from the company for financing, which is called "buying short";

2) Securities borrowing and lending is bearish. Borrow ** to sell, and then return it with **, **company lend** to the customer**, the customer returns the same type and quantity ** and pays interest at maturity, and the customer sells securities to **company is called "short selling".

2. Legal basis: Article 735 of the Civil Code of the People's Republic of China.

A financial lease contract is a contract in which the lessor purchases the leased object from the seller according to the lessee's choice of the seller and the leased object, provides it to the lessee for use, and the lessee pays the rent.

Article 736.

The content of the financial lease contract generally includes the name, quantity, specification, technical performance, inspection method, lease term, rent composition and payment period and method, currency, and the ownership of the leased object upon the expiration of the lease term.

The financial lease contract shall be in written form.

2. What are the characteristics of equity financing?

The characteristics of equity financing are as follows:

1. Long-term. The funds raised by equity financing are permanent, have no maturity date, and do not need to be returned;

2. Irreversibility. Enterprises do not need to repay the principal when using equity financing, and investors need to rely on the circulation market if they want to recover the principal;

3. No burden. Equity financing does not have a fixed dividend burden, whether the dividend is paid or not and how much to pay depends on the company's business needs, equity financing refers to the shareholders of the enterprise are willing to give up part of the ownership of the enterprise, through the way of enterprise capital increase to introduce new shareholders of the financing method, the total share capital increased at the same time. The company does not need to repay the principal and interest of the funds obtained from equity financing, but the new shareholders will share the profits and growth of the enterprise with the old shareholders.

1. Special ** account for securities lending: **The account opened by the company in the settlement company is used to deposit securities lending, and the customer uses the ** in this account to borrow and sell securities.

4. Special fund account for financing: The account opened by the company in the bank is used to deposit the company's own funds to be financed and the funds returned by the customer, and the customer financing is to use the funds in this account. Client Credit Transaction Guarantee Fund Account:

**The company's bank fund account is used to hold the funds of all margin clients.

5. Customer credit transaction guarantee fund account: used to deposit the funds deposited by the customer and guaranteed by the ** company due to the customer's margin and securities lending creditor's rights **Basic knowledge of margin and securities lending account**Basic knowledge of margin and securities lending account.

6. Customer credit account: the account opened by the company for the customer in accordance with the relevant regulations of the registration and clearing company, which is used to record the detailed data of the guarantee held by the company entrusted by the customer. This account is a secondary account of the Corporate Customer Credit Transaction Guarantee Account.

7. Customer credit fund account: It is the fund account opened by the customer in the ** company to record the changes in credit ** transaction funds, and the customer's credit fund account and the credit fund account opened in the depository bank establish a one-to-one correspondence.

8. Customer credit fund account: It is a real-name fund account opened by the company in the depository bank in accordance with the relevant provisions of the third-party depository business, as the secondary account of the "customer credit transaction guarantee fund account" opened by the company, which is used to record the detailed data of the guarantee funds deposited by the customer.

The funding account of the margin credit account is different from that of the ordinary account.

Credit account and ordinary account are two forms of ** account, the difference between the two is that in addition to trading with the investor's own funds, the credit card account can also be used for margin financing and securities lending to the ** company, that is, to leverage their own investment; On the other hand, regular accounts can only be traded with their own funds. In addition, the handling fee for credit account trading** is higher than that for ordinary account transactions, and interest is required on the margin portion of securities trading.

Investors complete the opening of credit accounts in accordance with the requirements of the capital and time threshold for opening credit accounts of ** companies, transfer collateral, apply for credit lines, margin trading and securities lending transactions and related business operations. The funding account for both credit and normal transactions belongs to the same client number, and if the user wants to use both credit transactions and ordinary transactions, he must log in with the client number.

Financing: The investor borrows funds from the company. During the financing period, it is secured by the investor's margin, at which time the investor sells** or directly returns the financing principal and financing interest in cash.

Within the agreed repayment period, the customer can settle the liabilities by direct repayment or coupon repayment, and use the funds on the account to repay the liabilities of the specified amount. Customers can repay the debt order one by one, or partially according to the details of the debt order.

1. What is margin trading?

Margin trading, also known as credit trading, referred to as financing, refers to the act of investors providing collateral to ** companies with margin and securities lending qualifications, borrowing funds (margin transactions) or borrowing ** and selling (securities lending transactions).

In layman's terms, margin trading makes use of the leverage effect, and in the case of insufficient funds, investors can use less margin or offset the margin to obtain larger profits.

The two financial institutions are divided into margin transactions and securities lending transactions according to borrowing funds or borrowing **.

In the case of insufficient funds of the investor, a small amount of funds or ** as a pledge to borrow funds from the ** company for **, and repay the loan principal and interest within the agreed period.

Securities lending transaction is short selling, investors borrow funds or ** as pledges, borrow ** from **company ** to sell, within the agreed time limit, **the same quantity and variety** are returned to the brokerage firm and pay the corresponding securities lending fees.

II. Participation Threshold for Margin Trading.

So, can all investors participate in margin trading?

Not really. To open a margin account, investors are required to have an ordinary account that has been open for more than 18 months (inclusive), the total assets of an individual investor account of more than 500,000 yuan (inclusive), and the total assets of an institutional investor account of more than 1 million yuan (inclusive).

Article 12 of the Measures for the Pilot Administration of Corporate Margin Financing and Securities Lending Business clearly stipulates that if you have been engaged in trading in the company for less than half a year, have insufficient investment experience, lack of risk-taking ability or have a major default record, the company cannot and will not provide margin financing and securities lending to you.