<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Securities History on vtoollab</title><link>https://vtoollab.com/categories/securities-history/</link><description>Recent content in Securities History on vtoollab</description><generator>Hugo -- gohugo.io</generator><language>en</language><managingEditor>admin@vtoollab.com (vtoollab)</managingEditor><webMaster>admin@vtoollab.com (vtoollab)</webMaster><copyright>© 2026 vtoollab</copyright><lastBuildDate>Mon, 24 Aug 2026 00:00:00 +0000</lastBuildDate><atom:link href="https://vtoollab.com/categories/securities-history/index.xml" rel="self" type="application/rss+xml"/><item><title>1991–1993: Why Did Chinese Stocks Suddenly Go Paperless? What Did Centralized Securities Registration and Settlement Actually Solve?</title><link>https://vtoollab.com/posts/1991-1993-how-china-moved-from-paper-shares-to-central-securities-registration-and-settlement/</link><pubDate>Mon, 24 Aug 2026 00:00:00 +0000</pubDate><author>admin@vtoollab.com (vtoollab)</author><guid>https://vtoollab.com/posts/1991-1993-how-china-moved-from-paper-shares-to-central-securities-registration-and-settlement/</guid><description/></item><item><title>1997–2001: Why Chinese Brokerages Had to Centralize Trading — From Branch Systems to KCBP/KCXP</title><link>https://vtoollab.com/posts/19972001-why-chinese-brokerages-had-to-centralize-trading/</link><pubDate>Mon, 24 Aug 2026 00:00:00 +0000</pubDate><author>admin@vtoollab.com (vtoollab)</author><guid>https://vtoollab.com/posts/19972001-why-chinese-brokerages-had-to-centralize-trading/</guid><description/></item><item><title>Around 2000: What Were KCBP and KCXP? Reconstructing Kingstar's Early Securities Middleware Architecture</title><link>https://vtoollab.com/posts/2000-kingstar-kcbp-kcxp-securities-middleware-architecture/</link><pubDate>Mon, 24 Aug 2026 00:00:00 +0000</pubDate><author>admin@vtoollab.com (vtoollab)</author><guid>https://vtoollab.com/posts/2000-kingstar-kcbp-kcxp-securities-middleware-architecture/</guid><description/></item><item><title>Around 2000: What Were the Trading Host, Seat, Middleware, and Exchange Actually Doing?</title><link>https://vtoollab.com/posts/2000-trading-mainstation-seat-middleware-exchange/</link><pubDate>Mon, 24 Aug 2026 00:00:00 +0000</pubDate><author>admin@vtoollab.com (vtoollab)</author><guid>https://vtoollab.com/posts/2000-trading-mainstation-seat-middleware-exchange/</guid><description/></item><item><title>The Rebirth of China's Securities Market: From Paper Stock Certificates to the Birth of the Shanghai Stock Exchange</title><link>https://vtoollab.com/posts/china-securities-market-history-origin/</link><pubDate>Mon, 24 Aug 2026 00:00:00 +0000</pubDate><author>admin@vtoollab.com (vtoollab)</author><guid>https://vtoollab.com/posts/china-securities-market-history-origin/</guid><description/></item><item><title>1986–1991: How Did Shanghai Securities Counter Trading Actually Work? From Paper Shares to Trading Seats and the Birth of Securities IT</title><link>https://vtoollab.com/posts/19861991-how-did-shanghai-securities-counter-trading-actually-work/</link><pubDate>Sun, 23 Aug 2026 00:00:00 +0000</pubDate><author>admin@vtoollab.com (vtoollab)</author><guid>https://vtoollab.com/posts/19861991-how-did-shanghai-securities-counter-trading-actually-work/</guid><description/></item></channel></rss>