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Is there a threshold for SSE 50ETF floor options to open an account?
There is a threshold for SSE 50ETF options to open an account. The investment conditions for opening an account with SSE 50ETF options are as follows:

1. The market value of individual investors' securities and the available balance of their fund accounts must be above 500,000 yuan and kept for 20 working days.

2. Pass the relevant knowledge test of Shanghai Stock Exchange. Investors themselves should have the basic knowledge of stock options and pass the relevant knowledge level test recognized by the exchange.

3. You need to have some experience in simulated trading of option stocks. The trading authority of investors' own accounts should match the simulated trading experience of stock options. The simulated account needs to be opened in a brokerage firm in advance. Investors should first conduct corresponding operations in the simulated account, and then go to the securities firm to take relevant examinations. The obtained level corresponds to the type and level of the simulation operation.

4. Having opened an account in a securities company for more than 6 months and being qualified to participate in margin financing and securities lending, and having opened an account in a futures company for more than 6 months.

5. On the delivery date t, before the option buyer submits the exercise, the exercise of the call option requires the funds in the option account to be prepared to purchase SSE 50ETF at the exercise price; The exercise of the put option requires that there are enough SSE 50ETF cash bonds in the account to sell, otherwise the exercise instruction cannot be submitted.

6 must have a certain risk tolerance, no serious bad credit record and no market entry.

Extended data

1. On the delivery date t, before the option buyer submits the exercise, the exercise of buying the option requires that there are funds in the option account ready to buy the SSE 50ETF put option at the exercise price, and there are enough SSE 50ETF cash bonds in the exercise requirement account to sell, otherwise the exercise instruction cannot be submitted.

2. If sell bullish and sell bearish are exercised at the same time, the quantity of both can be hedged at T+ 1, and only the obligation of price difference needs to be fulfilled.

3. After T-day settlement, the number of allocated option sellers can be determined. To sell call options, you need to have enough SSE 50ETF cash coupons, which can be sold before the closing of SSE 50ETF account on T+ 1 day; To sell a put option, you need to have enough funds to buy the SSE 50ETF at the exercise price before the T+ 1 date right account is closed.

4. If the put option is exercised, the Exchange will freeze part of the exercise margin in the option account on T+ 1 day, so that the actual available funds in the T+ 1 date right account will be reduced, and the funds will return to normal after T+ 1 day settlement.

Phoenix Net-Shanghai Stock Exchange: The threshold for individual investors to participate in stock option trading is 500,000.