Securities dealers gather new money will become history

Securities Times reporter Du Yan in the first three quarters of this year, the brokerage collection of funds to spend a total of 336.94 billion yuan, a significant increase in 2009 than the year 60%.　　Before the start of the reform of the IPO system, it is the main melody of the investment strategy for the securities companies to set up new products. Collection of financial products to participate in the network under the purchase, is a brokerage capital to obtain a stable income channel.　　November 1, the second phase of the reform of the IPO system formally started, including the adjustment of the issue of new shares, or will weaken the brokerage collection of financial products to play a fresh enthusiasm, securities brokers set up in the past, "every new must play" situation will not reappear. Hit new once enthusiastic high the securities Times Data Department statistics show that in the first three quarters of this year, brokers gather money to spend a total of 336.94 billion yuan, a significant increase of 60% from 2009.　　Before the start of the reform of the IPO system, it is the main melody of the investment strategy for the securities companies to set up new products. Once, brokers gather money to rally new enthusiasm. "Our unused capital is usually new and basically capped, and the customer is quite satisfied with the payoff," he said. "A large brokerage director told the Securities Times reporters.　　It is reported that the securities companies to purchase new shares, operating relatively simple, from 3-6 units per batch, choose 1-2 only, to use only about 200 million yuan of capital, for brokerages, is an efficient and stable investment.　　The reform of redistribution of discourse power for the new issue further reform, institutions have been prepared, but after the reform officially started, the securities companies still reacted strongly. The previous issue of the IPO system, in accordance with the number of purchase shares allotment, the organization will not appear empty-handed. And after the adjustment of the measures are in accordance with the requisitioning agencies, the rate will be greatly reduced. More importantly, under the new system, the institution will be awarded more than 1 million shares, to the first price of 40 yuan/stock as an example, 1 million shares of 40 million yuan, in accordance with the securities collection of financial products investment can only account for the total size of 10% of the relevant provisions, then the product must reach 400 million yuan scale to participate in the network under the purchase.　　At present, the average size of the collection of financial products is 3.5 billion, therefore, a considerable part of the financial products will be refused to purchase the door outside the net. New enthusiasm may reduce the reform of the IPO in the large scale of the collection of financial products, the impact of the current seems to be limited. "We have embarked on a revision of the new regulations before the IPO reform, strengthening risk control."　　"A large brokerage capital Management said. However, the large funds of the brokerage collection of financial products to play new once not, hundreds of millions of yuan capital occupy interest can not be underestimated.　　Therefore, a number of dealers in charge of capital Management have said that will be carefully selected, in advance to calculate, the former "Every new must fight" situation will not reappear. Comparatively speaking, the small scale and the special collection of the new brokerage products will be in trouble.　　"The space left to us is very small and detrimental to our products," said a small broker who assembled wealth management products. Insiders point out, in the long run, the new issue reform will inevitably affect the future brokerage collection of financial products and product design.　　The future of the new business collection of financial products have to go the way, only in order to survive in the market. It is undeniable that the introduction of the new system will regulate the IPO market, to provide more opportunities for more institutions. "Further regulation of the market will keep the IPO in a healthy rhythm," said a large brokerage head, looking ahead to the market. As long as the new stock market healthy development, for brokers to set up wealth management products, opportunities exist. ”