VIP channel: Pull fiber only to spell out millisecond advantages

"Do you have a large capital client over there who needs fast trading channels? My sales department has opened this new business, and the capital threshold only needs 1 million yuan
.
"At the beginning of March, the boss of a medium-sized business department in Shenzhen who had recently set up a VIP channel was looking for customers
.

The above-mentioned person said, "Although we have not been established for a long time, from the current experience of customers, the feedback is okay, the speed of grabbing orders is relatively fast, and some customers with frequent transactions can maximize their interests
.
" "The so-called VIP channel, that is, some business departments give channel business to customers with large amounts of funds and frequent transactions, including technical facilities such as dedicated trading units and offer gateways, so that their transaction declaration has a certain time advantage
in extreme cases.

For securities customers, the significance of the VIP trading channel is to grab orders
.
At present, the entrustment submitted by investors enters the trading host matchmaking is divided into two links, the first link is that the business department accepts the investor's entrustment through the counter system, and reports
to the exchange through the trading unit and offer gateway.
The second link is that the exchange will receive the declaration of the securities company, submit it to the trading host according to the principle of time priority, and the trading host will process
the declaration submitted by all trading channels.

Industry insiders revealed that since last year, due to the active stocks of ChiNext and small and medium-sized boards, there has been a large
demand for VIP trading channels in the Shenzhen market.
Generally, the brokerage business department first applies to the headquarters, and then the headquarters applies
to the exchange.
The cost is usually about
100,000 yuan.

"From the perspective of trading rules, it depends on who first transmits the entrusted data to the host of the exchange, and there are many people who grab orders from popular active stocks, and everyone fights for the advantage of thousandths of a second
.
" The above-mentioned person said that if the computer room of a securities company is located near the main computer of the exchange, the optical broadband
with faster network speed is installed.

It is understood that at present, the capital threshold of the VIP channel varies greatly
from business department to business department.
Small and medium-sized business departments may have a capital of several million yuan or even one million yuan, while the threshold of large business departments may be as high as hundreds of millions of yuan
.
Due to the different hardware and software conditions of each sales department, the speed of order grabbing is different
in essence.
It is also rumored that if you grab orders, the closer you are to the exchange, the faster you can grab orders, that is, the stocks in Shanghai should be bought and sold in the Shanghai business office, while the stocks in the Shenzhen market should be bought and sold
in the Shenzhen business office.