129809336165367500_1215Have brokers introduced a similar product, some banks have begun to study, whether it can launch products against customer margin. Money week reporter Teng Xiaomeng/one industry source confirmed to the financial weekly reporter, on the long rumored currency ETF, a few venture capital firms have made a preliminary programme communication and Exchange, may in the near future and the SFCDiscussion report. If the issued currency ETF, customers to deposit their securities account balance to purchase currency ETF, handed over to the fund company of similar Monetary Fund management and needed to buy stock, you can directly apply for take out, realizing t 0 operation. This way, you can improve the efficiency of the secondary market of the customer deposits. In 2011,Part of the money Fund yields an average of 3.6% per cent for the year, though not as financial products, but significantly higher than the brokers to pay the customer's current interest rates of around 0.5%. For the fund companies, this is the harvest and the Shanghai and Shenzhen huatai Bai Rui 300ETF, us and China universal after short-term financing fund, one of the most imaginative products. According to cardAssociation of coupon data, as at the end of 2010, 100 brokerage customer margin balance is $ 1,227,045,200,000. "On the scale of it, this is a product that could change the fund company's competitive landscape. "One industry source said. Money week reporter has learned that the Shenzhen Stock Exchange and Shanghai Stock Exchange may be the respective programmes. And now the intention clearer,Proposed products of the company include e, harvest, China universal companies, there are also several companies within the programme is still in the discussion stage. In ETF products and systems, recognized strong Boshi and Chinese, are so far not come up with their own proposals. Many industry executives believe that Huaxia Fund falls dramatically, may be absent from this round of fighting. IfHarvest or party eventually passed
Diablo 3 gold, will undoubtedly won the leading position in the industry. Maximum difficulty of t-zero-one has come up with proposals to the finance company head of this weekly newspaper reporters, currently the company's programmes were defective, Exchange and the company has not yet developed a satisfactory workable scheme. And scale of a top five company executives said their companiesAlso has been studying the currency ETF program. But it is still entangled in many technical issues, including choice of trades cost management, valuations, how to redeem, and so on. For customers, currency ETF's redemption may be a sensitive issue. Number of fund companies are recognized only when money purchase, redemption of the ETF to achieve t-0 when, for customers onlyGravity. But common monetary funds are t-day purchase
wow power leveling, t-1st confirmed that t-2nd call; if t-day to redeem, companies providing account to redeem the time ranging from t-1 to t-3. Monetary Fund if fund managers need to implement t-0 operation of the cash equivalents, it is now the only feasible solution is by the fund company or Bank for the customerAdvance funding and reform of clearing system, speed up the clearing rate. But frequent currency ETF may be huge, Shen foreclosure, the fund company is unable to use own money disbursements. Banking channel also said the existing Monetary Fund investment, settlement, clearing the system, under the most optimistic scenario, still only realize t 1 star foreclosure, investors have no significance. Therefore,Eventually introduced currency ETF, is likely to require a full reform of the existing rules, and reconstruction system of exchanges, brokers, banks and fund companies. Attract many fund companies willing to invest heavily developed currency ETF's are: the brokerage customer margin balance accumulated trillion, are cash management needs. Once the development of the product, and the authority of the Exchange exclusive
Diablo 3 CD-KEY, It may in the case of sales promotion costs extremely low, easily doubling company assets. Mr Guo since the new deal, the Commission explicitly encourage innovation, fund companies are seeing opportunities. Previously, a fund company executives told financial weekly reporter said, Shanghai and Shenzhen 300ETF because of the new rules, the regulators discussed for a long time. After he arrived, and related rulesAnd the President on the Programme Office, were finally adopted. Us and China universal short-term financing fund, is considered in the industry "President project" approval very quickly, shows the commitment of the Fund to encourage product innovation. "Both Shanghai and Shenzhen 300ETF after the two Exchange officially listed, currency ETF will be the next focus of the Exchange. "A fund companyExecutive financial weekly reporter said: "we will study a mature programme and the Commission communication. "Brokerage Bank the Tiger wins over fresh currency ETF fund companies have for several years, recent causes of sudden acceleration, is associated with the Fund to encourage innovation. The other hand, there are brokers introduced a similar product, the fund company is unprecedented pressure. September 2011The end of Xinda securities cash treasure collection plan officially approved, became the first to direct transfer customer margin securities. According to this approach, brokers after the close, direct customer deposits into bank deposits, are higher than the current product revenue. After Pacific Securities said, is currently involved in the Fund had reached $ 1.8 billion of financial planning, head of Ji NianYields more than 3%. "If the fund company to do similar products, yields than brokerage to at least high, not low. "A fund company says, head of product, companies have more mass than broker owned traffic control Department of the Fund assets in cash management experience. In addition, the fund company believe that transparent information disclosure of Fund products, strict rules of investment, trade restrictions,Perfect air-control system will be higher compared to the currency ETF Securities products security. Fund companies currently are worried it is, because the agency approval faster than funds, brokerages is similar to margin management product range extension, currency ETF's market share will be affected. A fund company executives, is more worrying than the brokerage competition has beenBanks begin to study, whether it can launch products against customer margin. "If banks are involved that brokerages and funds have no rice to eat. "He said. (Editors: Lu Yang)
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