上海证券交易所和深圳证券交易所近日分别在行业内部通报最新一期基金市场数据。截至9月末，沪市 ETF共760只，总市值为40003.11亿元；深市ETF共555只，总市值为16255.16亿元。沪深两市ETF总规模 已突破5.6万亿元，展现出强劲的增长势头。从券商经纪业务角度看，ETF业务竞争格局呈现出显著 的"马太效应"。业内人士认为，ETF业务已成为券商经纪业务转型的核心引擎，不仅贡献可观的交易和 保有量收入，也带动财富管理、机构服务、做市交易等多条业务线协同发展，其战略价值在业内已形成 共识。(中国证券报) ...

沪深两市ETF基金市场保持稳健发展态势。沪深交易所最新数据显示，截至9月末，沪市基金产品共935 只，资产管理总规模为40881.95亿元。其中，ETF共760只，总市值为40003.11亿元，较上期增长 7.65%。深市基金产品共841只，资产管理总规模为16638.58亿元。其中，ETF共555只，总市值为 16255.16亿元。截至9月末，沪深两市ETF总规模达56258.27亿元，实现稳步增长。 从券商经纪业务角度看，9月沪市ETF（非货币）成交额（经纪业务，下同）排名前五位的券商分别为 中信证券、华泰证券、国泰海通、华宝证券和东方证券，当月成交额占比分别为11.24%、11.09%、 9.45%、6.46%和5.92%。9月深市ETF交易金额排名前五位的券商分别为东北证券、东方财富、东方证 券、东吴证券和方正证券，与上个月保持一致。总体来看，行业竞争格局趋于稳定，各家券商ETF业务 进入精耕细作阶段。 券商经纪业务持有的ETF规模方面，截至9月末，沪市持有规模排名前五位的券商分别为中国银河、申 万宏源、国泰海通、中信证券和招商证券，市场份额占比分别为22.75%、16.74%、8.04%、6.87% ...

【导读】中山证券、西南证券收"罚单" 近年来，随着 "获客"难度加大，券商经纪业务部门也加大了和银行、线上直播平台等第三方的合作力度，券商员工违规揽客现象也频繁发生。监管层"重 拳出击"，加大对该类违规行为的查处力度。 9月5日，中山证券合肥分公司被安徽证监局采取了责令改正措施，原因是该分公司存在违规委托第三方进行投资者招揽活动、从业人员管理不到位的问 题。 同时，安徽证监局还对该公司的负责人采取监管谈话措施的决定。 同日，西南证券大连分公司因违规委托银行工作人员进行客户招揽、业务留痕不完整等问题，被大连证监局出具警示函。 据了解，中山证券、西南证券并非个案。此前，已先后有招商证券、华安证券、华龙证券、华西证券等多家券商的分支机构或从业人员，被查出存在委托 第三方揽客的违规动作。 2024年5月，上海证监局披露，经查，国信证券上海东长治路证券营业部在与第三方互联网平台开展合作过程中，存在报酬支付与新开户数量、客户资产 值、佣金等直接挂钩的情形。 天风证券上海龙华中路证券营业部则存在个别员工未经公司审批，注册使用冠营业部名称的自媒体账号，且在该自媒体账号上发布的相关证券佣金收取标 准的信息存在不当内容等问题。 ...

Group 1: Industry Trends - The trend of brokers closing or merging branches is driven by the shift of investor operations online and the goal of cost reduction and efficiency improvement, with 87 branches announced for closure by August 11 this year [1] - As of August 11, 21 brokers have announced the closure of branches, including 8 subsidiaries and 79 branch offices, with Guosen Securities leading with 21 closures [2][4] - The integration and simplification of offline branches are seen as necessary for cost savings and efficiency improvements, marking a shift from rapid expansion through physical locations to a focus on digital transformation [3] Group 2: Brokerage Business Transformation - The continuous optimization of branch layouts is closely linked to the transformation of brokerage business, which is a core part of brokers' operations [4] - In a favorable market environment, brokerage income has significantly increased, with an expected 40% year-on-year growth in net income for the brokerage business in the first half of the year [4] - Brokers are shifting their focus from traditional offline branches to online platforms for customer acquisition, with companies like Guosen Securities emphasizing the importance of digital operations [4][5] Group 3: Future Strategies - Brokers are encouraged to enhance their digital operating systems and improve online customer acquisition capabilities, transitioning branches into comprehensive wealth management centers [5] - The future of brokerage business is expected to accelerate towards a multi-faceted model of "trading services + wealth management + institutional services," with leading brokers leveraging scale and resources [5] - Digitalization and buyer advisory capabilities are anticipated to become the core competitive advantages for brokerage firms [5]