What Is a License Bond?
Legal deposit refers to the cash payment for securities purchased at a certain percentage. The central bank can use it to limit the loan amount of securities buyers, which in turn affects the market price of securities to prevent the "bubble" of the securities market from rising and maintain the normal order of the securities market. .
Legal deposit
Right!
- Chinese name
- Legal deposit
- Foreign name
- Legal deposit
- Features
- Cash paid for proportionate purchase of securities
- Purpose
- Preventing "bubbles" in the securities market
- Legal deposit refers to the cash payment for securities purchased at a certain percentage. The central bank can use it to limit the loan amount of securities buyers, which in turn affects the market price of securities to prevent the "bubble" of the securities market from rising and maintain the normal order of the securities market .
- Main types
- It is a deposit required by law. It can be divided into original legal deposit and current legal deposit. [1]
- 1. A kind of original legal deposit. It is the margin required by law when customers open an account with a broker.
- 2. A type of legal deposit. It is the margin required by law to be paid by the customer after the transaction is started.