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佣金自由化是世界范围内的佣金改革趋势,佣金制度的改革,影响了国内券商经纪服务产品的长期均衡价格,其应对策略是在充分竞争的市场条件下的“零佣金”以及“通道服务”与“咨询服务”分开收费。给中国证券业带来的其它主要影响包括:降低投资者的交易成本、提高沪深市场的国际竞争力、改变市场的波动性特性、为网上经纪业务和证券咨询业务的发展创造历史性机遇等。
Commission rate liberalization is a worldwide trend of commission reform. The reform of commission system has affected the long-term equilibrium price of the brokerage service products of domestic brokerage firms. The response strategy is “zero commission” and “channel service” under fully competitive market conditions. Charged separately from Consulting Services. Other major implications for the securities industry in China include reducing transaction costs for investors, increasing the international competitiveness of Shanghai and Shenzhen markets, changing the volatility of markets, creating historic opportunities for the development of online brokerage and securities advisory businesses, etc. .