ATFX: How to open the subscription authority of convertible bonds? Be cautious when calling for orders for investment

Convertible bonds refer to convertible bonds. The bondholders of convertible bonds can convert the bonds into common stock of the company at the agreed price at the time of issuance. In general, the risk of investing in convertible bonds is relatively small compared to stocks. If convertible bonds do not want to be converted into stocks, they can be held directly until maturity. Convertible bond subscription also requires permission, so how to open the permission for convertible bond subscription?Let's learn more together.

How to activate the subscription permission for convertible bonds?

There are two main ways to activate the subscription authority for convertible bonds, namely online activation and offline activation. If it is opened online, it can be directly processed through the business on the securities trading software. Find the "Convertible Bond Permission" and follow the prompts to apply for activation;Offline opening refers to directly going to the securities company's branch and seeking on-site assistance from the staff of the sales department to handle the business of opening permissions. The subscription of convertible bonds requires certain conditions, requiring at least two years or more of trading experience10Only with an average daily asset of over ten thousand can it be opened.

When investing in convertible bonds, the most common practice for most investors is to participate in convertible bond trading, but there are trading rules for convertible bond trading. Convertible bond subscription is a credit subscription, which can be fully subscribed even if the investor's stock account does not have the market value of funds. However, the minimum unit of subscription is1Hand, i.e10Zhang(1000element)The subscription quantity must be10The integer multiple of Zhang.

In addition, after winning the lottery for convertible bond subscription, payment needs to be completed within the specified time. If payment is not completed in a timely manner, it will be considered as giving up the subscription.

The above is an introduction to the opening of convertible bond subscription permissions, hoping to be helpful.