1. The Measures for the Administration of OTC Option Business of Securities Companies issued by China Securities Industry Association shows that securities companies participate in OTC option trading and implement hierarchical management. According to the company's capital strength, classification results, comprehensive risk management level, professionals and technical system, it is divided into primary dealers and secondary dealers. "The classification rating in the last year is above Grade A or BBB, and they continue to standardize their operations and manage professionals, technical systems and risks. If the exhibition industry is in good condition for one year and there are no major risk events, it can apply to the CSRC to become a primary dealer. "
2. OTC derivatives business is one of the most profitable businesses for brokers. After the release of the new regulations, brokers generally have the intention to enter the derivatives business, and brokers who meet the relevant requirements are also actively preparing to apply for primary or secondary dealers.
1. 10 year 10 on October 27th, Guohai Securities announced that the 36th meeting of the 8th Board of Directors of Guohai Securities reviewed and approved the Proposal on Establishing Asset Management Subsidiary and Changing the Company's Business Scope, and the Board of Directors agreed that the company would invest 6,543.8 billion yuan to establish an asset management subsidiary to engage in the securities asset management business approved by China Securities Regulatory Commission, and the asset management subsidiary was registered. It is agreed that the company will reduce the business scope of "securities asset management" and cancel the securities asset management subsidiary after the establishment of the asset management subsidiary. The company's "securities asset management" business will be inherited by the established asset management subsidiary, and the company will no longer engage in securities asset management business.
2. In addition, Guohai Securities stated in the announcement that the board of directors agreed that the company would provide the proposed asset management subsidiary Guohai Securities (Shanghai) Asset Management Co., Ltd. (ultimately subject to the registered name approved by the industrial and commercial department) with a net capital guarantee commitment of no more than RMB 500 million after its establishment, and authorized the management of the company to provide guarantees for the proposed asset management subsidiary within the guarantee amount determined by the board of directors according to the needs of business development.
Three. Guohai Securities has also made great moves in the management. The meeting of the Board of Directors agreed that Zhengzhou Commercial Outer Ring Road Securities Business Department, Changsha Shaoshan Middle Road Securities Business Department, Guiyang Hexi Road Securities Business Department, Taiyuan Jinyang Street Securities Business Department, Chongqing Jianxin West Road Securities Business Department, Guangzhou Huajiu Road Securities Business Department and Chengdu Rentianlu Securities Business Department were renamed as Henan Branch, Hunan Branch, Guizhou Branch, Shanxi Branch, Chongqing Branch, Guangdong Branch and Sichuan Branch respectively, and authorized the management to handle the above branches.