What does the stock transfer system entrust mean?

The entrustment of share transfer system means that investors submit their buying and selling intentions to the share transfer system through trading service agencies or online platforms under the premise of opening the share transfer business in the exchange, and the intermediary agencies of the share transfer system will match them and finally complete the share transfer. Consignment is a special contractual relationship. Both parties must reach an agreement on the quantity, price and validity period of the sale, and the customer must be a shareholder with transferable shares.

Entrusted operation of share transfer system is a convenient and efficient way of share transfer. Compared with the traditional over-the-counter trading method, the stock transfer system is safe and transparent, which protects the rights and interests of investors and reduces the risk of market failure. At the same time, the transaction efficiency has also been improved, and investors can sell stocks through entrustment operation, get funds quickly and meet the capital demand.

The marketization process of entrusted operation of share transfer system is an important part of shareholding system reform. With the continuous improvement of the securities trading system, the stock issuance system and investor protection system have been strengthened, and entrusted trading has become a real market-oriented trading model in the stock transfer system. Customers can flexibly choose different service organizations for trading operations, which promotes the standardized development of equity circulation and the stable operation of the market.