Rebirth: Stockbroker, I have market data

Chapter 431: Follow the script

Deposit reserves are monetary funds prepared by financial enterprises to cope with customer withdrawals and fund liquidations. In addition, regulatory authorities require banks to deposit deposits with the central bank based on a certain proportion of total deposits or total liabilities, called statutory reserves. .

The purpose of this is of course to protect the interests of investors, but also to control the bank's operating risks.

The credit reserves of securities companies are similar.

As we all know, securities companies themselves have their own funds and can also make legal investments.

Since it is an investment, the greater the principal, the higher the return may be, relatively speaking. Reasonable and sound investment will greatly increase the cash reserves of securities companies and enhance their own strength.

However, when regulatory authorities decide to punish securities companies, they will require securities companies to increase the proportion of credit margin they hand over. Today, this money is called the "Investor Protection Fund."

This fund was established by the regulatory authorities and requires all securities companies registered nationwide to pay a certain proportion.

what is it used for?

When a certain securities company fails to perform well and goes bankrupt, this money will be put to use.

Of course, securities companies rarely have problems in their brokerage business. Most of them are caused by mistakes in the self-operated investment process, investment losses, and inability to pay operating expenses. In addition, they encounter bad market conditions, resulting in losses for customers and sharp commission income. If a securities company is put into bankruptcy or custody due to various circumstances, such as deductions, etc., then how should the customers of the securities company deal with it.

This "Investor Protection Fund" comes in handy!

It is worth noting that this money must be paid and cannot be withdrawn. Of course, there are so many securities companies across the country, their scales are very different, and their market shares are also different. Therefore, the money paid by the leading securities firms is the most.

But as time goes by, this fund accumulates more and more, but there are few applications. In other words, few securities companies will go bankrupt. Then the securities companies have opinions and put forward whether this should be done. The money will not be paid, or the payment amount or proportion will be reduced.

The regulatory authorities also understand this truth, but for those who have received money, how can it be too much?

Therefore, some smart people have proposed to classify securities companies, pay margins according to different levels, and add them to investor funds.

According to the "Regulations on Classification of Securities Companies", securities companies are divided into 5 categories and 11 levels: a (aaa, aa, a), b (bbb, bb, b), c (ccc, cc, c), d, e, etc. . Companies at each level in the three major categories a, b, and c are normal operating companies, and the classification of their categories and levels only reflects the relative level of the company's business activities in the industry that are consistent with its risk management capabilities and compliance management levels.

Category D and Category E companies are companies whose potential risks may exceed the company's tolerance range and where risk disposal measures have been taken in accordance with the law due to major risks.

The regulatory authorities implement regulatory policies that treat different types of securities companies differently in terms of regulatory resource allocation, on-site inspection and off-site inspection frequency based on the classification results of securities companies. The classification results are mainly used by the regulatory authorities. Securities companies are not allowed to use the classification results for Advertising, publicity, marketing and other commercial purposes.

That is to say, if you are a AAA-level brokerage, you are not allowed to tell it on any occasion, and this classification result is also very interesting.

It does not mean that leading securities firms are rated A, while small brokers are rated C. It says that the judgment is based on the securities company's business activities, risk management capabilities and compliance management.

For example, if there is a complaint or lawsuit against a certain securities firm, once it is confirmed, it will affect the rating results.

Think about it, the more leading and large securities companies are, the more branches they will have and the more employees they will have, so the more mistakes they will make.

Therefore, in the early days of the rating system, many small brokerages were ranked A, not a few.

Many large brokerages do not have high ratings because of problems of this or that kind.

And if a leading brokerage has a very high rating, its internal controls will be very good.

When it was time for dinner, Xiao Jin kept his word. The three people in the room, as well as Li Tao, went to a small restaurant near the sales department and had a simple meal. At the dinner table, Song Yupeng said that he was about to have a meal in Zhou Dynasty. On the afternoon of Friday, we held a special compliance training to give everyone the first lesson.

Xiao Jin naturally agreed and said that he would definitely participate.

In the past few days, Xiao went into Hongsheng Building several times and typed randomly on the computer. Soon, his assets exceeded 1000 million. The important thing is that the historical market data in his mind is still completely consistent with the market trend in reality.

Ouch, it’s really cool!

According to this progress, in nine trading days, the assets of 800 million will soon reach 2000 million. If it is done to something extreme, such as the floor, in this case, the assets will be even more.

However, this is a transaction between three people after all, so Xiao Jin should take it easy, otherwise, Wang Guoqiang and He Ping will regard him as a monster!

But even so, because the two of them also have accounts and passwords, and there is no conflict between them, when they saw Xiao Jin's stocks, they couldn't help but give a thumbs up and praised Xiao Jin for his greatness!

This made Xiao Jin even more afraid to be too showy. He chose a stock with continuous daily limit and left it there. When the time came, it would be over once he sold it.

In the Fuxing Middle Road Sales Department, all employees have been busy these days. Some people are busy opening accounts, others are busy making phone calls, and answering various inquiries from customers. It is a prosperous scene. Everyone knows that this year's Fuxing Middle Road will definitely It’s been a good year!

According to the schedule, Song Yupeng sent a message to the QQ group of the sales department for the first time on Friday, saying that there would be a compliance training this afternoon and that he hoped everyone would attend on time.

In order to support him in his work, Xiao Jin replied in the group at that time, "I will participate on time!" This made everyone immediately line up and reply "Received"!

The training meeting was held in the conference room of the marketing department. More than 20 people from the sales department were all seated. On the projection screen, a ppt was displayed, which was arranged by Wang Shengtang from the computer department.

When the training started, Song Yupeng coughed lightly and started "following the script"!

Yes, just follow the script and read the ppt!

This made Xiao Jin feel a little uncomfortable. However, reading ppt is also a technical job. Some people read it stiffly, but Song Yupeng was very emotional. He talked about a case while reading, which made Xiao Jin a little frightened.

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