There are three situations to explain how to open an account for low-sulfur fuel oil futures.

(1) Customers who have not opened futures accounts.

For customers who have not yet opened a futures account, they need to open a commodity futures account first. After meeting the above requirements of capital, examination and trading experience, they should contact the futures company that opened the account to apply for the trading authority of low-sulfur fuel oil futures.

(2) Customers with trading authority of the Energy Trading Center.

If you already have the trading authority of Shanghai International Energy Trading Center, you can trade directly after the listing of low-sulfur fuel oil futures without additional application.

(3) Customers who have done commodity futures for more than 50 trading days in the past year.

If you have opened a futures account, but you don't have the trading authority of the energy center, but you have 50 transactions in the past year.

If the trading record of commodity futures is above easy date, you can apply directly, without the requirements of funds and exams mentioned above.

Through the trading authority of the energy trading center.

Second, the futures account conditions of low sulfur fuel oil.

According to the notice issued by Shanghai International Energy Trading Center, the first account opening of low-sulfur fuel oil futures requires the following conditions:

(1) capital requirements: the available capital of the account for five consecutive trading days is more than 654.38 million yuan.

(two) the examination requirements, through the basic knowledge of futures test.

(3) Trading experience requires a firm trading record of more than 65,438+00 commodity futures in the last three years.

Low sulfur fuel oil futures account commission.

Shanghai Futures Exchange stipulates that each lot of low-sulfur fuel oil futures is 10 ton, and the rise and fall of one point represents the profit and loss of 10 yuan. According to the current low-sulfur fuel oil futures price, the value of the first-hand low-sulfur fuel oil futures contract is about 3 100 yuan, but due to the margin system in futures trading, the exchange margin required for trading the first-hand low-sulfur fuel oil futures contract is about 3 100 yuan, which is low. Generally, futures companies will add 1-3 times as their profits on the basis of exchange charges.