close
129809336196617500_1265Attention of securities companies in the industry innovation and development seminar will be held in Beijing on May 7, 8th day. Commission leaders, heads of departments and heads of major securities company will get together, brainstorm, discuss innovation development of securities companies, securities companies for the future direction of development. Since Mr Guo run SFC, speeding up the reform has become a securities industryAs well as important driving force for the development of the capital market. Since last year, "Kwok new deal" brings fresh changes to capital markets, the industry so more attention to this brokerage innovations Conference. It is learnt that the content at the current meeting will address new business creation, allowing brokers to sell financial products, expand brokerage applications Diablo 3 CD-KEY, simplifying regulatory approal procedures of funds and other major brokerage industry systemChange a range of hot topics. "These changes will help brokers improve profit structure, improve capital efficiency and to develop innovative business. "Minsheng said securities analyst Li Feng of the financial industry, as the meeting involve a major system changes, good brokers, especially before the level of creativity and business brokerage. In fact, regulatory support for new business of securities companies have alreadyHis attitude. Earlier wow power leveling, Mr Guo in the Securities and Futures regulation working conference pointed out that, should actively and steadily promote reform and opening up in the Securities and futures area. On April 3, the Zhuang Xinyi, Vice Chairman of the SFC during the Boao Forum for Asia Annual Conference 2012, where autonomy and self-regulation of securities companies, market restriction can solve the problem, should abolish administrative examination and approval, allow enough spaceImprove innovation capacity and service level of securities companies. On April 13, the China Securities Regulatory Commission issued the decision on modifications, reducing proprietary business of securities companies, asset management, brokerage-related venture capital ready to calculate the percentage requirements. This policy will allow securities companies to free up more capital to support the development of innovative business. Huatai securities analyst Guo ChunyanIn my recently released a research report that, innovation of brokerage business is mainly concentrated in three directions: buyer's business innovation, business restructuring and expansion of the investment banking business to the OTC market. Buyer's business than the mainstream Wall Street investment banking income is large, the advantage lies across markets, variety and combination of various strategies. Current brokerage owned tube, single,Urgent need to expand the breadth and depth. Brokerage, has now agreed to buy back stocks in the pilot and the forthcoming transfer facility business will greatly improve the ability of brokers of high quality customer service. OTC market has determined the direction of development of the national, to the OTC market development will greatly improve the investment banking business of space. -------------------------------------"Brokerages claim" Innovation Conference held today brokerages expressed concern three demands of brokers ' Innovation Conference held today, has long been clear policy signal, policy measures are highly anticipated. In fact, Mr Guo since the President took office, broker innovation forward at a faster rate. Push the Commission level onlyAt rest, including facility operations, field marketing business of private debt, as well as the development of small and medium enterprises business framework, such as new business. This reporter has learned, before the Innovation Conference, securities brokers ' innovation investigation or issued a request for comments on several occasions. Before February, securities institutions have in different forms called the brokerage research, research content relating toBrokers how to innovation issues. In early April, securities brokerages issued a research outline of the innovation and development of securities companies (hereinafter referred to as "research outlines"), to the various brokers for advice. Industry estimates that innovation is part of this request for comments in the General Assembly to reflect on. Feedback from the SFC investigation brokers ' advice, innovation needs of brokerages is mainly concentrated in three: Want regulators to introduce more to meet the needs of the product, allows brokers to engage in more operational, as well as several restrictive provisions be loosened. In addition to the level of the SFC, stock exchange is also promoting a variety of innovative products, shangzhengsuo development of a financing nature of "stock-agreed to buy back" pilot has been extended, led by Shenzhen Stock Exchange "cash treasure" try business in securitiesAfter the point has been introduced in the brokerage, from the current situation, the brokerage has been producing a profit contribution. Jin Tianli also pioneered the securities industry pioneer in the field of cash management products. But in addition to the executive-led innovation in addition to spontaneous formation of innovation by market in fact is not widespread, one important reason is that the current supervision of brokerage askProblem. Current supervision of most of the new approach is "relax approval, strengthen supervision". However this is not formally identified, so many people in the industry want to be clear in this innovative Conference. Current regulators for securities companies have been implementing "prior approval", that is, laws and regulations Rift Platinum, and the Commission expressly allowed things to do, innovation also is due to the strength of the mainGuide to carry out. But outside the framework of laws and regulations, has produced a large number of innovation driven by market demand. Securities brokerage business has been hoping to sell more products, including the banking, trust, insurance, PE, but currently does not have regulations allowed; in the areas of asset management, brokers also hope that the investment will expand, want to release such as grading, innovativeProduct. But these traditional business was subject to the approval and control of the impact, temporarily unable to carry out effective innovation. Multiple business units and securities firms had excess net capital subject to the red line of the request, leading to low leverage, the scale is difficult to expand. In addition, the business model to the point of non-modified is not available. A large brokerage senior investment adviser on the reporter said, "at present sales profit mold-A single, price competition, sales development, light service training seriously. This is due to the high threshold for coupons for many years in the past, brokers to collect the money, a good day for too long, the lack of long term power, plus since 08, back into the vicious competition, attend to the other, have the power to try innovation, innovation has done well, very few. But any priceWar industry, eventually is no profit to be made, finished and, therefore, tickets already to the point of a non-modified is not available. "(Securities daily) 123 «» The other news around this topic :
arrow
arrow
    全站熱搜

    asd469r45 發表在 痞客邦 留言(0) 人氣()