国内股票杠杆合规渠道研究：融资融券制度建设与券商风控机制比较

Group 1 - The core process of margin trading includes account opening, risk assessment, contract signing, fund and collateral submission, trade execution, risk monitoring, and interest settlement [1][3][20] - Common risk control mechanisms serve as a "safety valve" to reduce leverage risks, including initial margin requirements, maintenance margin ratios, daily market monitoring, concentration limits, and dynamic adjustments [5][6][19] Group 2 - Comparison of margin trading features among ten brokerage firms highlights differences in client focus, risk control practices, and service models, with firms like CICC emphasizing strict credit review and risk culture, while others like 恒信证券 focus on standardized processes and daily monitoring [8][9][10][11][12][13][14][15][16][17] - Investors should consider key factors when selecting a brokerage for margin trading, such as leverage levels, position diversification, and maintenance margin redundancy [19][20][21]