1. code: After the customer obtains the fund account in the futures company, the futures company will handle the trading code for the customer in various exchanges, and the transaction can be carried out after the code is approved.
2. Deposit: Most investors make deposits (cash, wire transfer, money order, check, etc.) by using the bank transfer system in the trading software. ). Among them, telegraphic transfer, bill of exchange and cheque are deemed to have arrived after the funds are deposited in the account of the futures company; Foreign customers can open a current account in any local bank and transfer it to the company account through the bank. After the funds are in place, it is considered a success.
3. Trading: Futures companies will fully open electronic trading. After the brokerage contract is opened, we will also ask customers to sign the login password for online transactions. After the customer signs, please log in to the system according to the initial password and modify the password as soon as possible. All commissions can enter the trading hall directly through the computer.
4. Settlement: the electronic system of the futures company carries out real-time dynamic settlement, so that customers can make reconciliation during the transaction. After the market closes every day, the settlement department of the futures company makes the final settlement. Customers can choose to view the settlement results in writing, fax, e-mail and online inquiry. You can also log in to China Futures Margin Monitoring Center to inquire about the detailed transaction records of the current week and month.
5. Withdrawal: It can be done through trading software, and most investors use bank transfer in trading software to handle withdrawal. You can also send the withdrawal instruction by fax, and the financial department of the futures company will handle the withdrawal for customers by cash, wire transfer, draft or check.
The customer goes through the withdrawal formalities with the withdrawal application form and the original settlement form of the previous trading day, and the futures company will remit the funds to the designated account. Foreign customers need to send the originals of the above two documents back to our company. If there is an urgent need, you can record the phone first, and then we will remit the money and send it back to the original.
6. Account cancellation: After the customer completes the account cancellation procedures stipulated by the futures company, both parties sign a termination agreement to terminate the agency relationship (referring to the customer and the futures company). If customers want to close their accounts, they should download the Confirmation Letter of Settlement Form of Futures Trading, Confirmation Letter of Customer Closing and Application Form for Closing Accounts of Investors in Futures Market from the website of the futures company, and fax or send them to the futures company after signing.
Note: The Hang Seng Index is calculated by the weighted capital market value method, with 50 constituent stocks. These 50 constituent stocks belong to four sub-indices of industry and commerce, finance, real estate and public utilities respectively, and their total market value accounts for about 65% of the total market value of all listed stocks on the Hong Kong Stock Exchange.
Extended data:
Futures account conditions:
1, with full capacity for civil conduct.
2. Having its own funds or other property suitable for futures trading, and being able to bear the risks of futures trading.
3. Have a fixed residence.
4. Comply with relevant national and industrial regulations.
5. Special types and varieties must meet certain conditions or pass relevant tests before opening an account.
Baidu Encyclopedia-Futures Account
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Baidu Encyclopedia-Hang Seng Index Futures