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What are the requirements for institutional investors to open an account with options?
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 million.

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, with 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.

7. Other conditions required by the Exchange.