How to stock up online

Source: Internet
Author: User
First, use the ID card to go to the local securities registration company (and some brokers also handle a shareholder account card on the Shanghai and Shenzhen stock exchanges), select a securities business department to open an account, sign a contract, and receive a fund account card, deposit a certain amount of cash (check ).

How to buy and sell stocks:
The name (orCode), Quantity, and price. In addition, this delegate is only valid on the day when the delegate is issued. The delegated content includes the abbreviation (CODE) of the stock you want to buy or sell, the quantity and the price of the stock you want to buy or sell. The abbreviation of a stock is generally four to three Chinese characters, and the code of the stock is six digits. The code of the stock must be consistent with that of the abbreviation during delegated trading. At the same time, there are certain rules for buying and selling stocks: that is, the number of delegated buyers must be an integer multiple of 100, but the number of delegated buyers can be no more than an integer multiple of 100.

There are four types of delegation: Counter delivery and Commission, Telephone Automatic Commission, computer automatic Commission, and Remote Terminal commission.

1. at the counter, you are entrusted with your ID card and account card. Enter the power of attorney at the counter of the securities business department where you open a fund account, and then the staff at the counter will review and execute the ticket.

2. the computer automatically entrusts you to enter the code, quantity, and price for buying or selling stocks on the computer in the lobby of the securities business department, and the computer will execute your delegated command.

3. the telephone automatic Commission system calls the phone number at the counter of the securities business department where you open a fund account, enter the code, quantity, and price of the stock you want to buy or sell with the number and symbol key on the phone to complete the commission.

4. Remote Terminal entrusting means you issue purchase or sell orders through a remote terminal connected to the computer system of the securities counter or the Internet.

In addition to sending a ticket to the counter, the staff at the counter can confirm your identity. The other three delegate methods are to confirm your identity through your transaction password, therefore, you must keep your transaction password safe to avoid leakage and cause unnecessary losses to you. After confirming your identity, the Commission will be sent to the matching host of the exchange's computer transaction. The matching host of the exchange checks the legitimacy of the Commission received, determines the transaction price according to the bidding rules, automatically matches the transaction, and immediately delivers the result to the securities dealer, in this way, you can know whether your Commission has been closed. The Commission that cannot be traded is queued based on the "price first, time first" principle, waiting for the Commission that comes in later to complete the deal. The Commission that cannot be traded on the current day will automatically expire, and the next day will be re-commissioned in the above way.

Transaction fee:
Stamp duty of 1‰ is collected for each transaction.
The Commission is between 2‰ and 3, and the highest (some brokers are slightly lower ). Different brokers have different standards. The online and on-site prices are different, but the difference is not big. Generally, about 4‰ of the on-site transactions are charged in two directions, totaling about 8. The Commission for online transactions is generally less than 2‰ (different brokers)
Shanghai Stock Exchange also collects one yuan of ownership fee per thousand shares, accumulating.
The trading hours of Shanghai and Shenzhen stock exchanges are from Monday to Friday, to, and. Except for statutory holidays.

Online transaction:

After the above account is opened, you can sign an online transaction contract with the Sales Department to download an online real-time dynamic Transaction software for the Sales Department. When you go through this procedure, the business department will provide you with a text. If you do not understand the details, you can consult in person.

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