Although most commodities have no futures account threshold, some varieties are still too risky, so the exchange has stipulated the conditions for opening an account. What are PTA futures account conditions?

PTA futures account terms?

Investors need to meet the requirements of appropriateness alone to participate in PTA futures trading. To open a new PTA futures right, the following conditions need to be met:

1 Requirements for available funds: available funds are 654.38+10,000 yuan (the balance of available funds in the account in the five trading days before the application is not less than 654.38+10,000 yuan);

2. The basic knowledge of futures requires more than 80 points (after meeting the capital requirements, you must go to the futures company to do a set of test questions);

3. There are firm or simulated trading records at home and abroad in the last three years, and there are firm trading records above 10;

4. The trader meets the requirements of compliance and integrity, and has no record of violation of laws and regulations.

Under certain conditions, investors can also open it directly. Zhengzhou Commodity Exchange stipulates that customers who have accumulated no less than 50 trading days of futures contracts, options contracts or other derivatives trading records or recognized overseas trading records in domestic trading places in the past year can directly apply for opening PTA futures.

Brief introduction of PTA: PTA is the English abbreviation of PureTerephthalicAcid, and it is one of the important bulk organic raw materials. Its main use is to produce polyester fiber (polyester), polyester bottle chips and polyester films, which are widely used in chemical fiber, light industry, electronics, construction and other aspects of the national economy and are closely related to people's living standards. PTA futures, that is, the dominant trading variety with phthalic acid as the subject matter, is a futures variety listed on Zhengzhou Commodity Futures Exchange.