What are the main businesses of securities companies?

Securities companies are legal entities specializing in securities trading, which are divided into securities management companies and securities registration companies. In a narrow sense, a securities company refers to a securities business company, which is an institution that specializes in securities business after being approved by the competent authority and obtaining a business license from the relevant administrative department for industry and commerce. Having the membership of a stock exchange, you can underwrite the issuance, self-management or agent trading of securities. Ordinary investors must invest in securities through securities companies. So what are the main businesses of securities companies?

What are the main businesses of securities companies?

Securities companies have different names in different countries. In the United States, securities companies are called investment banks or brokerage dealers; In Britain, securities companies are called commercial banks; In continental Europe (represented by Germany), because of the mixed operation system, investment bank is only a department of UniversalBank. In East Asia (represented by Japan), it is called SecuritiesCompany.

The main businesses of China securities companies include securities brokerage business, securities investment consulting business, financial consulting business related to securities trading and investment activities, securities underwriting and sponsorship business, securities proprietary business, securities asset management business, margin trading and securities lending business, brokerage (IB) business of securities companies, private investment fund business and alternative investment business.

Most securities companies are state-controlled enterprises, and the gift of assets must comply with the relevant provisions of the state-owned assets management department. Most of them are unlisted companies with limited share circulation and no market price, but they have listing plans, which can meet the relevant regulations of listed companies.