if 8.6% is calculated, if the financing is 1 million, the interest will be 1 million × 8.6 %× 1/36 = 2,389 yuan per day. In the pilot stage, there are two hard conditions to be met in margin trading in securities companies:
1. Having opened an account in the company for 18 months;
2. The assets of the securities account at that time are more than 5, yuan (including stocks and cash). If the above two conditions are met, you can apply to the securities company for margin financing and securities lending.
at present, the exchange stipulates that the margin ratio of margin financing and securities lending shall not be less than 5%, that is to say, if the margin is 1 million, the amount of margin financing or securities lending can be 2 million, which doubles the capital.
Extended information:
First, the interest on securities financing is generally around 6% to 8%, which is different for each brokerage firm. For example, if Ping An is lower, the account period can be circulated, and the interest can be paid once every six months! It is also good to have off-exchange funds with low interest. It is best not to touch short-term funds for at least one year.
Securities refer to a variety of economic rights and interests certificates, and also refer to specialized products, which are legal certificates used to prove certain rights and interests enjoyed by ticket holders.
securities mainly include capital security, currency securities and commodity securities. In a narrow sense, securities mainly refer to securities products in the securities market, including property market products such as stocks, debt market products such as bonds, and derivative market products such as stock futures, options and interest rate futures.
second, financing, financing in English, in a narrow sense, is the behavior and process of raising funds for an enterprise. Broadly speaking, financing is also called finance, that is, the financing of monetary funds, and the behavior of the parties to raise or lend funds in the financial market through various means. The New palgrave Dictionary of Economics explains financing as follows: financing refers to the monetary transaction means to pay for purchases exceeding cash, or the monetary means to raise funds for acquiring assets.
detailed explanation of financing:
1 refers to a business activity in which enterprises raise funds from financial institutions or financial intermediaries in various ways;
2 means that the essence of mining right management is mining right financing and mining development;
3 refers to the activities of direct or indirect financing between the holders and demanders of monetary funds;
4 means that the adjustment of monetary funds is an effective way and means to adjust the surplus and deficiency between social and economic entities under the condition of socialized large-scale production;
5 financing in a broad sense refers to an economic behavior in which funds flow between holders to make up for the deficiency. This is a two-way interaction process of funds, including the integration (source of funds) and the withdrawal (use of funds) of funds.
financing in a narrow sense only refers to the integration of funds;
6 refers to the flow of funds between suppliers and demanders, which is a two-way interactive process, including both the integration and the withdrawal of funds.
7 refers to the activities of an enterprise to obtain the funds needed for its operation in a certain way from relevant channels.