"Four Owns" refers to having funds, simulated trading records, exercise records recognized by the Exchange, and assessment certificates. "Nothing" means no bad credit record.
Individual investor option account opening requirements:
1. The balance of available funds in the margin account after daily settlement five trading days before the opening of option trading authority shall not be less than RMB 654.38+10,000;
2. Have the basic knowledge of futures and options and pass the knowledge test recognized by the exchange;
3. Accumulated 65,438+00 trading days, and accumulated more than 20 simulated trading experiences of options recognized by the exchange;
4. Experience in simulated trading of options recognized by the exchange;
5. There are no laws, administrative regulations, rules and business rules of the exchange to prohibit or restrict the trading of futures and options;
Requirements for institutional investors to open option accounts:
1. The balance of available funds in the margin account after settlement in the previous trading day shall not be less than RMB 654.38+10,000;
2. Relevant business personnel have basic knowledge of futures and options, and have passed the knowledge test recognized by the Exchange;
3. Accumulated 65,438+00 trading days, and accumulated more than 20 simulated trading experiences of options recognized by the exchange;
4. Experience in simulated trading of options recognized by the exchange;
5. Having relevant systems such as internal control and risk management to participate in option trading;
6. There are no laws, administrative regulations, rules and business rules of the exchange that prohibit or restrict the trading of futures and options.