Margin of financing and credit entrusted business

Normal buy

General sell: The "way to sell", which stock to sell, the corresponding repayment of the liabilities of the stock. If there is a residual amount after repayment, the client's available funds are added directly.

Financing buy

Financing Sell

Coupon Repayment: The current method of using a coupon repayment can repay all liabilities. The amount of the coupon proceeds is in accordance with the principle of "first-out, the same into the small out", that is, the first-generation liabilities, the liabilities arising on the same day, according to the amount of debt from small to large to repay. So here the coupon repayment is not the corresponding debt to repay the B stock, but the preferential repayment of a stock.

Buy Coupons: Borrow shares from a securities firm to sell them in the two market, then buy them back at the lows and return them to the securities companies to earn the intermediate spreads.

Direct repayment (Financing close position)?? Not sure

Direct coupon (closing the coupon)?? Not sure

Margin of financing and credit entrusted business