What Is a Trading Account?

A transaction account is an object of a certain transaction or a certain type of transaction. It shows the calculation of the resources and use of each department (relevant) engaged in such transactions without explaining the direct relationship between the transaction departments. Trading accounts are basically fake accounts or nominal accounts in the SNA system. All resources and all uses are balanced by definition, there are no balance terms. Therefore, the trading account is a general reflection of some aspects of the accounts of various institutional or industrial sectors. The transaction classification in the trading account is divided according to the nature of the transaction and does not involve the source sector or the destination sector. In terms of goods and services transactions, the transaction account shows all the resources and all uses of the goods or services of the entire economy or various products, and can indicate both final consumption expenditure and actual final consumption. ^[1]

transaction account

Transaction account refers to an account opened by a registration and settlement registration agency for investors and records the balance of funds held by the institution's manager and managed by the institution's manager and its changes;

Fund Trading Account

Stock trading account

Fund trading account refers to an account opened by a sales agency for investors and records the changes in investors' purchase and sale of fund shares through the sales agency and their balances. Generally speaking, investors must first open a fund account, and then the sales agency will automatically open a fund trading account for you when buying a fund. An investor can only open one fund account, but there can be multiple trading accounts.