In the process of investing in stocksBingovezinaInvestors may need to change brokers for a variety of reasons. Understanding the conditions and procedures of stock exchange firms will help investors to operate more smoothly. This article will give you a detailed introduction to the conditions and matters needing attention of stock exchange firms.
I. conditions of stock exchange dealers
oneBingovezina. Account fund security
Before considering a securities exchange, investors should first ensure the safety of their accounts. Before going through the transfer procedures, be sure to clean up the funds in the account to avoid affecting the transfer process because of financial problems.
twoBingovezina. No outstanding transactions
When changing securities dealers, investors need to ensure that there are no outstanding transactions in their accounts, including uncompleted entrustment, unexpired repurchase and so on. If there is an outstanding transaction, it is necessary to cancel the transaction or wait for the transaction to be completed before the transfer.
3. There is no unrestricted stock.
Before changing securities firms, investors need to check whether there is a lock-up period limit on their stocks. If the shares held have not been lifted, then the securities exchange cannot be carried out during the lock-up period.
Second, the process of stock exchange dealers
1. Choose a new securities firm
When choosing a new securities firm, investors should comprehensively consider the qualification, business scope, commission rate, service quality and other factors. You can first consult the relevant information on the Internet, or learn about the reputation and evaluation of securities firms from friends and colleagues in order to make a wise choice.
two。 Go through the formalities of account transfer
After choosing a new securities firm, investors need to go to the original securities firm to go through the transfer formalities. The specific procedures include: filling in the transfer application form, submitting identity documents, canceling outstanding transactions, cleaning up account funds, and so on. At the same time, it is necessary to provide relevant transfer information to the new brokerage so that the new brokerage can go through the reception procedures.
3. Confirm the success of the transfer
After the transfer procedures are completed, investors need to pay attention to the progress of the transfer. Generally speaking, the securities firm will complete the transfer operation within a few working days after receiving the transfer application. Investors can check their stock information and funds to confirm whether the transfer is successful by logging on to the trading platform of the new brokerage.
Matters needing attention
1. Transfer fee
When dealing with stock exchange firms, some securities firms may charge a certain transfer fee. Investors need to know the relevant fee standards in advance and choose the right brokerage within the budget.
two。 Transfer time
The transfer time of stock exchange firms usually takes a few working days to a week or so. Investors should avoid stock trading during the transfer period, so as not to affect the normal conduct of the transaction.
3. Account management after transfer
After the successful transfer, investors need to be familiar with the trading platform and related business of the new securities firm. At the same time, we should pay close attention to the capital security of the account and stock trading to ensure that the investment is carried out smoothly.
Through the above introduction, I believe you have a certain understanding of the conditions and process of the stock exchange firm. In the actual operation, investors also need to make reasonable choices according to their own situation to ensure that the stock exchange firms proceed smoothly.
