Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

For internet securities trading, what is the settlement workflow of securities?

April 26, 2017internet securities trading Workflow

0

Posted

For internet securities trading, what is the settlement workflow of securities?

1 Answer

0

Posted

(1) Bought transactions CCASS clearing securities: After the securities are settled in your securities account, the securities will be kept under CCASS through us in the name of “BOCOM International Holdings Company Limited”. Other securities: After the securities are settled in your securities account, we will inform you to collect them at our office. (2) Sold transactions CCASS clearing securities: We will deduct the relevant securities from your securities account on settlement day for CCASS settlement. Other securities: You must deposit the physical securities to us before you place sell order through internet.