1, securities companies are engaged in securities business, such as stock trading. Trading in the stock exchange requires a seat, which is a trading qualification, but individuals can't obtain this qualification. And securities companies have this qualification.

Funds pool small amounts of funds for investment. A fund company is a company-based fund, that is, this fund exists in the form of a corporate legal person and has legal status.

Second, the method is different:

1 The Securities Company is a legal person enterprise specializing in the trading of securities. Divided into securities management companies and securities registration companies. In a narrow sense, a securities company refers to a securities business company, which is an institution that specializes in securities business after being approved by the competent authority and obtaining a business license from the relevant administration for industry and commerce.

It has the membership of the stock exchange and can underwrite the issuance, self-trading or self-trading and acting as an agent to buy and sell securities. Ordinary investors' securities investment must be carried out through securities firms.

2. In a narrow sense, a fund company only refers to a fund management company (Public Offering of Fund Company) that is approved by the CSRC and can engage in securities investment fund management business; Broadly speaking, fund companies are divided into Public Offering of Fund companies and private fund companies.

Third, the role is different:

1 When you want to invest in the securities market, you should borrow the qualification of a securities company, that is, deposit your money in its account and then trade. The actual transactions are carried out by yourself, and you only need to pay a handling fee to the securities company, which is equivalent to the cost of renting trading seats.

2. Buying a fund is equivalent to giving money to it, and then it is responsible for all transactions. The final income MINUS the operating costs of the company is your own income and will be returned to you. But in the meantime, your money is in its hands.

Extended data:

Securities investment fund management company (fund company) refers to an enterprise legal person established in China with the approval of China Securities Regulatory Commission and engaged in securities investment fund management business. The board of directors of the company is the highest authority of the fund company.

The promoters of fund companies are institutions engaged in securities business, securities investment consulting, trust asset management or other financial asset management. What people usually say about funds mainly refers to securities investment funds.

classify

In a narrow sense, a fund company only refers to a fund management company (Public Offering of Fund Company) that is approved by the CSRC and can engage in securities investment fund management business; Broadly speaking, fund companies are divided into Public Offering of Fund companies and private fund companies.

Public Offering of Fund's business and personnel activities are supervised by the CSRC, and its employees belong to the fund industry; Private equity fund companies are not regulated (the new fund law may bring private equity funds under the supervision of the CSRC).

From the organizational form, fund companies are divided into corporate fund companies and limited partnership fund companies. In practice, all Public Offering of Fund companies are corporate fund companies, and private fund companies adopt both corporate and limited partnership systems.

A securities company refers to a limited liability company or a joint stock limited company established in accordance with the provisions of the Company Law and the Securities Law and approved by the the State Council Securities Regulatory Authority, which specializes in securities business and has the status of an independent legal person.

Securities Company is a legal person enterprise specializing in the trading of securities. Divided into securities management companies and securities registration companies. In a narrow sense, a securities company refers to a securities business company, which is an institution that specializes in securities business after being approved by the competent authority and obtaining a business license from the relevant administration for industry and commerce.

It has the membership of the stock exchange and can underwrite the issuance, self-trading or self-trading and acting as an agent to buy and sell securities. Ordinary investors' securities investment must be carried out through securities firms.

In different countries, securities companies have different names. In the United States, securities companies are called Investment Bank or Broker-Dealer)；; In Britain, securities companies are called Merchant Bank)；;

In continental Europe (represented by Germany), investment bank is only a department of Universal Bank because of the mixed operation system. In East Asia (represented by Japan), it is called Securities Company.

References:

Baidu encyclopedia-fund company Baidu encyclopedia-securities company