Briefly describe the role of securities companies in the financial market.

A: The functions of securities companies in the financial market are: on the one hand, to provide fund-raising services for units that need funds, including enterprises and government departments; On the other hand, it acts as a broker and dealer for investors to buy and sell securities. In today's world, securities companies have become the most important financial intermediaries in the capital market, playing an important role in both the primary and secondary markets.