Multiple brokerages pilot 7×24-hour bank-securities transfers

Several brokerages are exploring the launch of 24/7 bank-securities transfer services, breaking the traditional trading hours restriction and allowing funds to be used immediately upon transfer. Some brokerages are also making this a key point of differentiation in their competitive strategies. Currently, 24/7 bank-securities transfer services have reached a certain scale of coverage, with different brokerages focusing on different business layouts, but most are still in pilot stages within the industry. A brokerage insider stated that their operations center mainly handles negotiations with banks for 24/7 bank-securities transfer services. This service creates a competitive advantage through innovative bank-securities integration and provides an effective way to expand business. (Meiri.com)

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