There are no special requirements for silver futures accounts, such as China citizenship, China legal person qualification or other economic organization qualification; A natural person must be 18 years old to open an account; Having its own funds or other property suitable for futures trading and being able to bear the risks of futures trading; Have a fixed residence; The participation of state-owned enterprises in futures trading shall conform to the relevant provisions of the state. However, it is generally forbidden for state institutions and securities and futures markets to open futures accounts.

1. Futures is a cross-time trading method. By signing the contract, the buyer and the seller agree to deliver the specified quantity of spot at the specified time, price and other trading conditions. Futures are concentrated in futures exchanges and traded through standardized contracts. Some futures contracts can be traded through over-the-counter trading, which is called over-the-counter contract. According to the types of subject matter, futures can be divided into commodity futures and financial futures.

Two. Futures trading rules

1. Margin rules

It means that when trading, the relevant entities must pay a certain amount of settlement funds in proportion to the value of futures contracts to ensure the standardization of contracts;

2. No debt rule on trading day

After the daily related party transactions are completed, all expenses shall be paid according to the settlement price of the day and the corresponding funds shall be transferred. At the same time, increase or decrease the settlement reserve of members;

3. Price limit rules

It means that the trading price fluctuation of futures contracts needs to be carried out within the prescribed fluctuation range, and once the relevant restrictions are broken, the transaction cannot be successfully completed;

4. Position limit rules

Represents the maximum value calculated in the unit of the member position limit stipulated by the exchange;

5. Extended family reporting system

It is a system to prevent relevant personnel from manipulating the market, with the purpose of protecting the fairness of market transactions;

6. Delivery rules

It refers to the settlement of the price difference between the two parties before the expiration of the contract and the completion of the liquidation contract at the end of the period;

7. Compulsory liquidation rules

It means that when investors violate the rules, the exchange will take hard measures to close the positions of relevant investors;

8. Risk reserve rules

Special funds provided to maintain the smooth operation of the futures market and avoid losses caused by sudden risks;

9. Information disclosure rules

It means that the exchange publicly announces the relevant information of futures trading at a fixed time.