What are the conditions for opening a gold option account?
Individual investors participating in gold option trading need to meet the investor's appropriateness requirements, which can be summarized as four haves and nothing:
1 funds: the balance of available funds after daily settlement of the margin account in the five trading days before the opening of the authority is not less than RMB 654.38+10,000;
2 professionalism: passing the knowledge test recognized by the exchange;
3. Trading experience: accumulated 65,438+00 trading days, with more than 20 simulated trading experiences of options recognized by the exchange; And have the experience of option simulation trading recognized by the exchange;
You need to apply for an ordinary account before opening an account, which can meet the transaction records of 50 trading days a year.
There are no laws, administrative regulations, rules and business rules of the exchange that prohibit or restrict the trading of futures and options.
Gold option means that buyers and sellers have the right to buy a certain number of targets at an agreed price in the future, but they have no obligation. If the price trend is favorable to option buyers, they will exercise their rights and make a profit. If the price trend is unfavorable to them, they will give up the right to buy and lose only the cost of purchasing options at that time. The cost of buying and selling options is determined by the supply and demand forces of the market.
The above are the conditions for opening an account for gold options, and I hope it will help everyone.