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How to apply for a business license in the business department of a futures company
Futures and spot are completely different. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts with some bulk products such as cotton, soybeans and oil and financial assets such as stocks and bonds as the targets. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.

Personal futures account process:

(1) The customer must bring his/her valid ID card and bank card or passbook to the futures company or local business department to open an account (or handle it anywhere where employees of the company or business department are present).

(2) The customer signs the contract documents of the futures company and truthfully fills in the account opening registration form of investors in the futures market. Other personnel who are not account holders involved in the futures contract documents must also go through the relevant formalities in person. Copies of ID cards of customers and other personnel involved in the contract shall be filed as attachments to the contract.

(3) When opening an account, the customer must fill in the settlement account registration form so as to deposit and withdraw money in the future.

(4) The customer service department of the company applies for the transaction code of the exchange according to the Registration Form for Opening an Account for Investors in Futures Market and a copy of the ID card provided by the customer.

(5) The customer service department of the company opens the trading authority for customers and sets the initial trading password.

Company's futures account process:

Account opening process:

(1) To open an account, a legal person household must bring the legal representative's valid ID card, legal person business license, tax registration certificate and bank account opening certificate to the company or the local business department (or handle it anywhere where employees of the company or business department are present). If a customer opens an account on his behalf, a power of attorney signed by the legal representative and stamped with the official seal shall be provided.

(2) The customer signs the contract documents of the futures company and truthfully fills in the Registration Form for Opening an Account for Investors in the Futures Market (all the parts that need to be signed must be signed by the legal representative or the customer and stamped with the official seal). Other personnel who are not account holders involved in the contract documents of the futures company must also go through the relevant formalities in person. Copies of ID cards of customers and other personnel involved in the contract shall be filed, and copies of enterprise business license, tax registration certificate and bank account opening certificate shall be filed as annexes to the contract.

(3) When opening an account, the customer must fill in the settlement account registration form so as to deposit and withdraw money in the future.

(4) The customer service department of the Company applies for the trading code of the exchange according to the Registration Form for Opening Accounts of Investors in Futures Market and related documents provided by customers.

(5) The customer service department of the company opens the trading authority for customers and sets the initial trading password.