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How To Open A Stock Trading Account?

2010/6/23 18:30:00 57

The first thing a new investor should do is to open a stock account for himself. A stock account is equivalent to a "bank account". Only when a stock account is opened, can an investor make a securities transaction.


At present, if we want to buy and sell shares listed in Shanghai and Shenzhen, investors need to set up stock accounts of Shanghai stock exchange and Shenzhen Stock Exchange respectively, and to open A share accounts in Shanghai and Shenzhen must go to the securities registration company or the authorized agency. For example, Beijing securities registration Co., Ltd. is the only statutory body in Beijing area to handle the account opening business of A and stock accounts in Shanghai and Shenzhen.


There are many different kinds of stock accounts. If an individual investor wants to buy A shares in the Shenzhen and Shenzhen stock markets, he needs to open a A share account.

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What Documents Do I Need To Open A Stock Trading Account?

When an individual opens an A share account, he must hold the original identity card and attach a copy of his identity card to the application registration form. If the principal is responsible for the assignment, he must produce the original identity card of the trustee at the same time. It is important to note that the same identity card cannot be re opened on the same exchange. The identity card of alteration, forgery and corner cutting is regarded as invalid. For the ID card with ambiguous n