Different from the securities holding records recorded in ordinary securities accounts, credit securities accounts record the detailed data of guaranteed securities held by securities companies entrusted by customers.
The secured securities submitted by investors in margin trading are actually recorded in the secured securities account of customer credit trading of securities companies, and registered in the register of securities holders in the name of securities companies.
Investors corresponding to credit securities accounts are not included in the list of securities holders. Investors can only have one credit securities account for trading securities listed on the stock exchange.
The customer credit transaction guarantee securities account refers to the securities opened by a securities company in its own name at the securities registration and settlement institution to record the creditor's rights entrusted by the customer to the securities company and provide guarantee for the debts generated by the securities company's margin financing and securities lending to the customer.
One is opened by investors, and the other is opened by brokers, which are accounted for separately.
The margin limit will also be stipulated accordingly. The margin ratio charged by the securities company, the maximum amount of margin financing and securities lending, and the net capital ratio of the securities company.