What Is a Registered Security?

A securities account refers to an account book established by a securities registration and settlement institution for investors. It is used to accurately record the types, names, quantities, and corresponding rights and changes of securities held by investors. It is an important certificate for the identification of shareholders. Legal effect is also a prerequisite for investors to conduct securities transactions.

Securities account

One

1. Bring your ID card and shareholder card to the securities company's business site to file an application for opening the GEM market.

2. Securities companies check the years of investors' trading experience, and understand the investor's identity, property and income status, and risk appetite in detail.

3. The securities company manager should witness the investor's signing and signature confirmation.

4. The person in charge of the securities company shall witness the investor's signing and signature confirmation. After that, the person in charge of the securities company's business department shall also sign and confirm it.

5. Investors carefully read and signed the "GEM Market Investment Risk Disclosure Book" on the spot and asked investors to copy a statement. According to relevant regulations, after an investor with more than two years of trading experience applies for the GEM market trading qualification, T + 2 officially opens; investors who do not have two years of trading experience but still require the GEM market trading qualification are required to T + 5 days to open. ^[4]

Investors who need to cancel the account number due to special circumstances can go to the securities company to cancel the account number. In order to apply for the cancellation number, they must go in person. When a natural person applies for an account number, the person must bring a valid certificate to the account opening point and fill out the "Cancellation of Securities Account Number Application table"