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China Securities Depository and Clearing Corporation Limited: Account verification is a routine business, not a special arrangement to check OTC fina

China Securities Depository and Clearing Corporation Limited: Account verification is a routine business, not a special arrangement to check OTC fina

Cointime2025/05/14 18:00
By: Cointime

according to "Securities Times", there have been rumors recently interpreting the account verification by China Securities Depository and Clearing Corporation Limited as a strict investigation into off-exchange margin trading. It was learned from China Securities Depository and Clearing Corporation Limited that the account verification is a routine business conducted by some securities companies organized by China Securities Depository and Clearing Corporation Limited every quarter according to the usual practice over the years, aiming to confirm whether investors' securities accounts are used in real names, and there is no special arrangement for checking off-exchange margin trading as rumored on the Internet. The speculation and dissemination on the Internet are seriously inconsistent with the facts. 

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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