LeTV network financing as the stock price is expected to continuously lower limit, there will inevitably be investor assets can not cover the debt, the loss brokerage and investors feel very injustice, this column that is the time to start Investor Protection Fund.
In general, investors buy stocks through the financing business, the heart will have a risk estimate, to know when the stock prices fell to what extent they will be forcibly closed, investors also default one thing in mind, that is, when the stock price Fell to low enough time, the brokerage will help themselves to control the risk within the scope of their own, even if the loss of their own serious, most is lost.
However, there has been a prolonged suspension of music Watch. Investors who buy music TV using financing transactions not only need to pay very high interest rates, but also face huge losses after the stock price of Music Watch falls sufficiently in the future. If an investor 36 Yuan Financial buy music shares stock 1 million shares, its own funds 180,000 yuan, according to the Fund's calculations, the future music Watch shares fell to 3.91 yuan, 11.73 yuan after the restoration of rights, the investor's total assets of 117,300 yuan (excluding interest And fees), the total liabilities of 180,000 yuan, but also owed brokerage 62,700 yuan, which part of the loss who should bear?
According to the rules of the financing business, investors should bear this part of the losses, but investors are also unjust. Since the music website suspended for a long time, they not only had to pay interest, but also stopped the loss as soon as possible on the way of the stock price drop. Therefore, There will be more than the estimated investment loss.If you are using all the investors to buy stocks, may simply not be able to pay this part of the loss.
If the financing business as a margin transaction, then according to the futures market trading rules, if all the investors lost the deposit, less than some investors can not afford, this part of the loss will be paid by the Exchange's risk reserve. A rule, then the music Investors unable to pay the part, it should be the exchange-related funds, this column remember there is a fund called investor protection fund, can be used to make up for the loss of investors can not afford.
Of course, the use of investor protection funds to make up for losses, the need for both financial and securities business brokerage business are compliant, if the brokerage firms have illegal transactions, you need to bear the loss of the brokerage themselves in this column that in a similar risk of music like this let It is neither feasible nor humane for an ordinary investor to bear the extra loss, so the worst solution is to let investors pay for it.