Securities Account

Short description: Type of financial account

A securities account, sometimes known as a brokerage account, is an account which holds financial assets such as securities on behalf of an investor with a bank, broker or custodian. Investors and traders typically have a securities account with the broker or bank they use to buy and sell securities.^[1]

Securities accounts can be of different types, such as a share account, options account, margin account or cash account.^[2] Securities accounts are typically treated as client funds, keeping them separate from the firm's funds. This separation meets the financial regulations of most countries.

References

↑ Joshua Kennon (March 21, 2018). "How Brokerage Accounts Work and The Types of Investments They Can Hold". the balance. https://www.thebalance.com/what-is-a-brokerage-account-356076.
↑ "Account Types". Investopedia. https://www.investopedia.com/exam-guide/series-65/trading-securities/account-types.asp.

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[1] Joshua Kennon (March 21, 2018). "How Brokerage Accounts Work and The Types of Investments They Can Hold". the balance. https://www.thebalance.com/what-is-a-brokerage-account-356076.

[2] "Account Types". Investopedia. https://www.investopedia.com/exam-guide/series-65/trading-securities/account-types.asp.

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