期刊文献+

证券公司从通道商向资本中介商的转型分析 被引量:2

Transition of Securities Companies From the Channel- provider to the Capital Intermediaries
下载PDF
导出
摘要 我国券商长期以来利用制度红利和牌照赚取高额通道费,业务模式以通道业务为主。然而,股票发行注册制的推出,佣金费率的下降等行业趋势越发明显,证券公司必须推动代客理财业务,进入"管理费+业绩报酬"的新模式,将财富管理和资本中介作为转型方向。尤其是资本中介业务,不仅有融资融券、股票质押规模扩大推动了需求的快速增长,还有净资本约束放松、券商多渠道融资体系逐渐完成所带来的供给端扩张。 In the long time, the Chinese securities trader profited from the system bonus and the license . They have taken the channel business as their main resources of revenue . However, the introduction of the stock issue registration system and the de- cline in commission rates have been more obvious, securities companies should establish the management fee + performance reward mode, taking wealth management and capital intermediary as a new resource of profits . The capital intermediary business, the se- curities margin trading, stock pledged to repurchase would be increased in China, and the supply would be expanded rapidly in Chi- na because of relaxing the capital constraints.
作者 杨君
出处 《鸡西大学学报(综合版)》 2016年第1期71-74,共4页 JOurnal of Jixi University:comprehensive Edition
关键词 证券公司 通道业务 代客理财 资本中介 securities company channel business financial management capital intermediary
  • 相关文献

参考文献2

二级参考文献12

共引文献85

同被引文献5

引证文献2

二级引证文献1

相关作者

内容加载中请稍等...

相关机构

内容加载中请稍等...

相关主题

内容加载中请稍等...

浏览历史

内容加载中请稍等...
;
使用帮助 返回顶部