Minsheng futures option account adheres to the principle of "four necessities" (commodity futures account must be opened before opening option account);
1. There are five trading days before opening an account, and the available funds after the end of the day are more than 654.38+10,000 yuan. (Capital requirement)
2. No less than 10 trading days and more than 20 options simulation trading records. (simulated trading)
3. The records of exercise transactions recognized by the Exchange must include the exercise and waiver operations on the due date. (practice)
4. Pass the online test of China Futures Association with a score of not less than 90 points. (knowledge)
5. No bad credit record. (Nothing)
Minsheng futures option account should also meet other specific requirements, and the account opening process is as follows:
1, opening an account at the counter, emphasizing the whole process of video recording.
2. Authentication (is there a transaction code for customer authentication)
3, the implementation of four necessities.
4. Association online test.
5. Risk disclosure, contract signing, supplementary agreement and permission opening form.
6. Sign the application form for license opening.
7. Audit of account opening personnel in the business department-audit by the person in charge.
8. Sign the application form for confirmation-submit it to customer service for review. Then the account opening staff at the headquarters will review it.
9, customer service system to submit personnel, permissions,
Conditions for opening accounts for soybean meal options and sugar options:
The opened commodity account-with valid and active corresponding transaction code-carries out the subsequent conditions and opens the authority.
Unspecified commodity account-opened commodity account-with corresponding exchange code-is authorized to be opened for the execution of subsequent conditions.
Natural person customers: option account opening adheres to the principle of four necessities.
General corporate customers: the conditions for opening an account are increased to open an account for a natural person: they have relevant systems such as internal control and risk management to participate in option trading.
Special unit customers: securities companies, fund management companies, trust companies, banks and other financial institutions. Social security companies, qualified foreign institutional investors and other corporate customers who need to manage assets separately, as well as other corporate customers identified by the Exchange, need to provide internal control and risk management systems.
Market-maker customers: institutions approved by the Exchange that can provide services such as bilateral quotation of option contracts during the trading hours of options.
Risk disclosure: 1. Option trading adopts the method of commission trading, which is different from futures trading, and may not necessarily gain something or even lose all the investment. 2. There may be several consequences, such as liquidation, exercise or abandonment of expired options. 3. Before the formal option trading, you must be familiar with the rules and procedures for the liquidation and exercise of exchange options.
Tips: Dear investors, because the experience of option simulation trading is a necessary condition for opening an account. If you want to participate in option trading, I suggest you open an option simulation account in Minsheng Futures as soon as possible for practical study. Complete the exercise experience recognized by the corresponding exchange and master the business rules of option trading.