What does broker mean?

A securities company (commonly known as a securities broker) refers to a limited liability company or a joint stock limited company that engages in securities business in accordance with the provisions of the Company Law and with the approval of the the State Council Securities Regulatory Authority.

It is a non-bank financial institution, a legal person organization engaged in securities business and a legal person enterprise specializing in securities trading. Divided into securities management companies and securities registration companies.

According to the company law of our country, since its establishment, securities companies have been managed in accordance with the modern enterprise system, making them a modern enterprise with a certain scale, clear property rights, self-financing, clear rights and responsibilities and scientific management, and taking on the responsibilities of securities companies in securities issuance and trading.

Extended data:

The characteristics of China securities companies,

1, most of which are state-controlled enterprises, and the gift of assets must comply with the relevant regulations of the state-owned assets management department;

2. Most of them are unlisted companies with limited share circulation and no market price, but they have listing plans, which can meet the relevant regulations of listed companies.

Therefore, stock options and employee stock ownership are more suitable for Chinese securities companies.

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