Act fast! Brokers are about to start reducing commissions, and the upper limit of operating leverage will increase!These brokerages benefit the most from

2023-08-20 00:42:00

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08:42[Act quickly! Brokers are regarding to start reducing commissions, and the upper limit of operating leverage will increase! This type of brokerage will benefit the most]This Friday, the China Securities Regulatory Commission stated that it will launch a series of measures to activate the capital market. Among them, optimizing the risk control indicators of securities companies, reducing margins and fee rates for financing and financing, and launching Shenzhen Stock Exchange 100 stock index futures options, etc. These measures will have a significant impact on the brokerage business.

A number of brokerage analysts said that these measures are conducive to raising the upper limit of leverage of brokerages, improving the efficiency of capital use, and benefiting the further development and growth of brokerages. In addition, these measures also mean that the policy environment of the derivatives market has ushered in a major turning point. All kinds of institutional investors can participate more in derivatives transactions, and the depth of the derivatives market will be significantly improved.

In addition, the reporter learned that some South China brokerages have been notified by the regulatory authorities, requiring them to formulate commission rate reduction plans and system debugging work as soon as possible, and submit reports before next Thursday (that is, August 24), which at least include rate reductions. Arrange for system debugging preparations, etc., to ensure that it will be officially implemented on August 28. In principle, the exchange’s fee reduction should be given to investors.

A person from a large securities firm in East China told reporters that the company has also received a similar notice from the regulatory authorities. The brokerage business department of the company has invited the IT business department to meet together to determine relevant plans next Monday. (Brokers China)

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