Tianjiao Exchange: The margin ratio is 5%- 12%, and it is managed at different levels according to the investment amount of customers. Not all customers can enjoy 5% 20 times leveraged trading, that is to say, if the customer's funds are insufficient 120,000 yuan, you will be charged a deposit of 12%. This will take up a little more margin for those customers with less funds.
Guangzhou Stock Exchange: As long as the customer invests more than 30,000 yuan, the customer can enjoy 20 times leverage, and the capital utilization rate is also very high. That is to say, when the market is good, the same money earned in Guangzhou Stock Exchange is more than that earned by Tianjiao. Second, * * * is the same:
(1) Tianjiao and Guangjiao are 22-hour transactions, and the settlement time is from 04: 00 to 06: 00 every day.
(2) Handling fee, like Tianjiao Exchange, 8,000.
③ The spread between Guangdong and Yin Gui is 8 points.
(4) The overnight fee is 22,000 yuan per day for Tianjiao Exchange and 1,000 yuan per day for Guangzhou Exchange. For investment friends who want to be long-term, the advantages of the Guangzhou Stock Exchange are not small.
⑤ Guangzhou Stock Exchange is the only precious metal spot exchange in China that adopts international synchronous quotation, but the data of Tianjiao Exchange in this respect is lagging behind. ⑥ Customer funds of Guangzhou Stock Exchange and Tianjiao Stock Exchange are kept by third-party banks.
⑦ Both the Guangzhou Stock Exchange and the Tianjiao Stock Exchange are t+0 two-way transactions, that is, they can buy or sell, and they can be long or short.
In terms of positioning, the Shanghai Stock Exchange is positioned as the main board market, mainly serving large enterprises, while the Shenzhen Stock Exchange is positioned as the small and medium-sized board market, mainly serving small and medium-sized enterprises. The difference between Shanghai Stock Exchange and Shenzhen Stock Exchange is mainly compared from the listing conditions.
First of all, from the point of running time, the Shanghai Stock Exchange needs to run for more than three years, and the Shenzhen Stock Exchange needs to run for more than three years for the main board, small and medium-sized board and growth enterprise market.
Secondly, in terms of financial requirements, the Shanghai Stock Exchange requires that the accumulated net profit in the first three years of issuance exceeds 30 million, the accumulated net operating cash flow in the first three years of issuance exceeds 50 million or the accumulated operating income exceeds 300 million yuan, and the proportion of intangible assets to net assets does not exceed 20%. There are no false records in the financial reports in the past three years. Shenzhen Stock Exchange has different regulations on main board, small and medium-sized board and growth enterprise market.
Thirdly, from the perspective of equity requirements, the Shanghai Stock Exchange requires not less than 30 million shares before issuance, with a total share capital of not less than 50 million and a public shareholding of not less than 25%. The Shenzhen Stock Exchange requires the total share capital of the main board and small and medium-sized board to be no less than 30 million, and the GEM requires the total share capital to be no less than 50 million.
Then, from the perspective of business operation, the requirements of Shanghai Stock Exchange and Shenzhen Stock Exchange on GEM are more detailed. Relatively speaking, the regulations of Shenzhen Stock Exchange on the main board and small and medium-sized board are more systematic. For example, it is required to have a sound corporate governance structure and establish and improve relevant systems such as shareholders' meeting, board of directors and board of supervisors.
Finally, the Shanghai Stock Exchange also has corresponding requirements for the issuer's main business in the last three years, whether Gaodong has undergone major changes, and whether the actual controller has changed.