Does the tripartite deposit belong to safety management?
Belong to. According to online inquiry of Bazhong, the three-party margin deposit belongs to guarantee management. Third-party depository of customers' transaction settlement funds, referred to as "three-party depository" for short, means that securities companies separate investors' transaction settlement funds (commonly known as deposits) from their own funds and hand them over to commercial banks for management in the name of each customer. As an independent first party, commercial banks set up detailed accounts for customers' transaction settlement funds for securities companies, supervise customers' transaction settlement funds through directional transfer of bank-securities transfer funds, and check the total amount of customer transaction settlement funds with the detailed accounts to monitor the safety of customers' transaction settlement funds.