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本文认为，我国证券商之间的兼并、重组活动的原始动因是追求利润最大化和化解竞争压力，主要动因是试图通过兼并重组追求经营、财务协同效应，以期扩大市场份额，推动企业良性发展。我国券商重组的模式极为：（１）以业务拓展重组为目的和主导；（２）形成三分市场的格局，即综合类超大券商占据主要市场份额，综合类大券商及其他未被整合的券商占领余下市场份额；（３）后重组的模式则是有效竞争，加强合作。
This paper argues that the primary motivation of the merger and reorganization activities among the securities dealers in our country is the pursuit of profit maximization and the pressure of competition reduction. The main reason is that it tries to pursue the operation and financial synergies through the merger and reorganization in order to expand the market share and promote the healthy development of the enterprise. The pattern of China’s brokerage restructuring is very much: (1) the purpose of business expansion and restructuring and dominant; (2) the pattern of the formation of the third market, that is, comprehensive large brokerage to occupy the major market share, comprehensive brokerage and other unincorporated brokers Occupy the remaining market share; (3) the mode of post-restructuring is effective competition and strengthen cooperation.