证券金融公司

新的平台中国证券金融公司（chinasecuritiesfinancecorporation，csfc）将使券商能够从机构投资者那里融券，从而方便卖空中国上市股票的操作。

A new platform , the China Securities Finance Corporation , will enable brokerages to borrow stock from institutional investors , making it easier to short shares in Chinese companies .

此外，证监会还曾表示，由政府出资的中国证券金融公司（ChinaSecuritiesFinanceCorporation）将提供“充足流动性”，帮助稳定市场。此外，多家国有企业也被指示回购股票。

The China Securities Regulatory Commission said separately that China Securities Finance Corporation , a government-backed fund , would provide " abundant liquidity " to help steady the market . State-owned enterprises have also been directed towards share buy-backs .

证券金融公司：一个新的融资通道

Financial Company of the Securities : A New Financing Passage

略论中国证券金融公司的构建

On Constructing Our Country 's Financial Companies of Stock

证券金融公司是一种新型的券商融资融券形式。

The financial company of stock is a new form of financing of stock-jobbers .

中国证监会在上周五表示，中国证券金融公司将进行增资扩股，使注册资本增长三倍，增至1000亿元人民币（合160亿美元）。

The CSRC had said on Friday that CSF 's capital would be quadrupled to Rmb100bn ( $ 16bn ) .

中国证券金融公司进而可以向一只1200亿元人民币的投资基金放贷，21家券商正要推出这只平准基金，在股市起到维稳作用。

CSF could , in turn , lend to a Rmb120bn investment fund that 21 brokerages are launching to support the market .

日本融资融券交易中比较特别的是成立了专业化的证券金融公司为融资融券提供支持和融通。

The particular in Japan margin trading is to set up a specialized securities margin finance companies to provide support and financing .

证券金融公司源于信用交易制度，是一种较为特殊的证券中介机构。

Financial company of the securities come from the trade system of cred it . It is a kind of comparatively special securities intermediary .

日本参考美国的保证金交易制度并根据日本当时特殊情况独创了证券金融公司这样一个具有垄断性质的机构。

Referring to the margin trade system of America , Japan originally set up the securities finance company such a monopolistic organization , in according with the special circumstance at that time .

这是迄今关于中国证券金融公司行动的最明确表述：直接使用央行资金购买股票，严重偏离了其向券商放贷以支持保证金贷款的传统角色。

This is the clearest statement yet about what CSF is doing & buying shares directly using PBoC money , a big departure from its traditional role of lending to brokerages to support margin lending .

提出了包括：建立证券金融公司、协调融资融券交易中信托行为法律规则以及丰富融资融券交易的风险控制手段等建议。

This paper also proposed some suggestions which are including establishing Securities Financial Companies , coordinating the rules of law which regulate the intrust of margin trading , using plentiful means to control the risk of margin trading .

证券金融公司是否真的能够推出，何时才能够得以推出，关键要看我国金融市场化的具体走向以及政府决策层的决心。

Whether financial company of the securities can really put out and when can just put out , it 's determined the concrete trend with market-based finance of our country and the resolution of government 's policy maker .

在日本模式和台湾模式中，为方便政府对信用交易的监管，设立了证券金融公司，它起着联结资本市场和资金市场的作用。

In the patterns of Japan or Taiwan , securities finance companies which have played a role in linking the capital markets and fund markets together , are set up in order to make it more convenient for the authorities to supervise Margin Requirement .

多名交易员表示，中国证券金融股份有限公司（ChinaSecuritiesFinanceCorp，简称：证金公司）据悉是通过中信进行交易的。

Traders say China Securities Finance Corp , the state-owned margin lending agency that became the government 's main conduit for injecting rescue funds into the market , was known to route trades through Citic .

在融资融券市场主题中有投资者、证券公司、证券金融公司，他们之间形成双通道。

There are investors , securities companies , securities finance companies in the margin market which form a dual-channel .

另外，证券委员会暂时禁止金融公司股票的卖空。

And , in another move , the Securities and Exchange Commission has temporarily barred short selling of stocks in financial companies .

如果证券市场对非金融公司是有用的，那么时下流行的对交易员的鄙视就毫无道理。

If securities markets are useful to nonfinancial companies , it follows that the fashionable contempt for traders makes absolutely no sense .

日本采用集中授信模式，在办理融资融券业务上，证券公司与银行被证券金融公司隔离开。

Concentration of credit models used in Japan , in the process of margin trading business , securities companies and banks have been isolated from securities finance companies .

他还建议，应该要求发放证券的公司自己持有一部分有关证券，以鼓励金融公司准确描述这些证券所含的风险。

Among other things , he says firms that issue securities should be required to keep some of them to encourage the companies to accurately describe the level of risk they contain .

首先，本章分析证券信用交易业务的主要参与主体，一般为投资者、证券公司、证券金融公司，同时还涉及这些主体之间法律关系所指向的标的证券。

Firstly , this chapter analyzes the main participants of margin trading business in general as investors , securities companies , securities financial companies .

中国证券监督管理委员会（CSRC）昨晚在一份简短声明中表示，中国央行将给予中国证券金融股份有限公司（ChinaSecuritiesFinance）流动性支持，以“维护市场稳定”。中国证券金融公司是向券商提供保证金融资的国家实体。

The China Securities Regulatory Commission said in a brief statement late last night that the central bank would " uphold market stability " by providing liquidity to China Securities Finance , a state entity that makes margin financing available to brokers .