In the morning of Monday, Chen, a bond trader at a Shanghai fund company, opened the wind system of a working computer as usual, uncharacteristically staring at the screen for several seconds. Chen found that the institutional investors in China's number one financial information service provider's Terminal home page, unexpectedly was a lively market of beautiful pictures occupy eye-catching position, "million market, who can come to stall" slogan take people's attention.
Industry insiders said that the internet finance in recent days to innovate such as the tide, following the subversion of Alibaba "balance treasure" products, Shanghai million Information Technology Co., Ltd. (hereinafter referred to as "million information") the "million market" is targeted at institutional investors, targeting the huge OTC market, Make a very disruptive innovation in financial markets.
Innovative OTC information release negotiation platform
Organizations are eager to
"We've been talking about this innovative OTC platform all day, and the traders are busier than usual," he said. Chen said he and his peers were curious and eager to find out. According to the first financial daily, the market has also aroused the enthusiasm of brokers, banks, insurance, trusts and other financial institutions of the enthusiastic response and wide interest.
Reporters from million information learned that yesterday is wind information under the "Iwind harsh million market" new products on the first day of the launch. In the market, all wind information financial terminal customers can release funds and project information, looking for investment opportunities.
"To do this thing so simple, the variety is so rich, and is the real name of the agency's OTC platform, we should be the first home." "Wan-Information chairman of the Land Breeze told reporters that in the context of financial innovation, China's OTC market is too fragmented, many institutions have new business and good products are difficult to find buyers, and the users of information products almost cover the vast majority of China's financial institutions and different lines of business, Then there will be all the advantages and convenience of the product summary, for the Chinese financial institutions to build an OTC information release and negotiation platform.
Million financial terminals show that the market is currently covering the fixed income market, listed equity market, investment bank sales market, wealth management products market, equity market, including the five categories, including bond trading, capital trading, Bill trading, bulk trading, stock pledge, non-public issue of shares, private equity recommendation, asset securitization, trust products, Sunshine Private, financial products, PE/VC collection, equity market, transfer of property rights, loan transfer 15 of small quotation information, banks, brokers, funds, insurance and trusts and other institutions of the product design, sales, investment and trading sector will become a major player in the market, equity and property exchanges throughout the country will also be important partners.
"If the OTC market, such as equity and property trading centers, is compared to a physical store, ' the market ' is equivalent to an over-the-counter Taobao store," he said. Zhou, senior vice president of information, told reporters that the traditional OTC market has a certain qualification for the buyer and seller, formalities cumbersome, and in the "Million market", it is everyone can publish information, become "shopkeeper", of course, has the real name of the financial terminals, the market can ensure that the information is true and reliable publishers.
Zhou said that the traditional OTC market, such as all around the establishment of equity trading centers, information can not be shared, and in the "Million market", there is no market and geographical constraints, in Guangzhou can directly negotiate projects in Beijing, the formation of a real "cloud market." In addition, asymmetric information in the OTC market leads to an opaque price and a lack of reference to pricing, while the "market for All" offers a collection of all quoted information to ensure openness and transparency, helping to form a pricing mechanism in the OTC market.
Zhou said that from the domestic situation, the country has a hundred thousand of joint-stock companies, tens of millions of limited liability company, a large number of enterprises in the development process in urgent need of capital replenishment, and local domestic and foreign listed companies only a few 3,000, coupled with the current IPO delay, the bank and the "money shortage", Lead to small business financing, on the other hand, investment institutions can not find a good project, the birth of million market, will effectively alleviate this problem.
PC Mobile Interconnection
On the first day of hot release information 600
We used to go out to sell private debt products, are to call the circle of friends, but the personal circle of friends is limited, it is impossible to sell multiple products are expected to the same dial, supply and demand or form a larger mismatch. "The emergence of the market is truly a bright one, and it is expected to change the inefficient sales dilemma of dozens of or even hundreds of phones in the past," said an investment banker at a mid-sized brokerage.
Chen also yesterday small test, will a city of debt varieties after a simple few minutes after operation anonymously hung on the "million market" bond offer platform, soon have the buyer to inquire, after the Iwind Messenger instant communication platform for private chat, the pending orders quick deal.
According to the land Breeze, Iwind Messenger Instant Messaging platform will also be extended from the PC end to mobile phone end, with the computer financial terminal Form interconnection, can support the all-round communication and negotiation anytime and anywhere. In addition, the Iwind 3C teleconference can also help customers initiate public meetings and perform product roadshow.
According to the statistics provided by the information, as at the evening of July 15, the market released the product quotation information close to 600, the fixed income market is one of the most active plate.
"Today, a lot of feedback has been received that will enable the platform to run more efficiently in the future." For example, some investment bankers want to hang a product out to be targeted directed release, not to let competitors know, and some customers want to release the information to the top. ”
The land Breeze said, million market does not emphasize to do information gathering and information cooperation, all listing information from the customer initiative release. At present, regardless of charges, the key is to bring the market active, for the financial industry innovation first paved a relatively smooth road