Risk disclosure
You will read a book "Futures Risk Disclosure" (the national unified standard for risk disclosure). When accepting an application for opening an account for passengers and goods, a futures brokerage company shall provide the customer with a Letter of Disclosure of Futures Trading Risks. Individual customers should sign the Futures Trading Risk Statement after reading and understanding it carefully; After the customer carefully reads and understands, the legal representative of the unit will sign and affix the official seal of the unit.
sign a contract
Sign an entrustment agreement with a futures brokerage company to clearly stipulate the rights and obligations between the futures brokerage company and its customers. Individual customers should sign contracts, and corporate customers should sign contracts and build official seals.
When opening an account, an individual should provide his/her ID card and keep his/her seal or signature sample card. When an entity opens an account, it shall provide a copy of the business license of the enterprise as a legal person, and provide written materials such as the name, contact number and seal of the entity and its legal representative or person in charge, and the written authorization of the legal representative to authorize the executor of futures trading business.
Application code
The exchange implements the system of registration and filing of customer transaction codes. When opening an account, the customer should fill in the "Futures Trading Registration Form" and fill in some basic information about you on the form. This form will be submitted by the brokerage company to the exchange to open a unique futures trading code for you, also known as the trading code. One code per household, special code is special, and mixed code transactions are not allowed. When a futures brokerage company cancels its customer transaction code, it shall file with the Exchange.
edge
After the above procedures are completed, the futures brokerage company will prepare a futures trading account for you, fill in the "account card" and give it to you. In this way, the account opening work is completed. After signing a futures brokerage contract with a futures brokerage company, the customer shall pay the deposit for opening an account in accordance with the regulations. The futures brokerage company shall deposit the margin paid by the customer into the customer account agreed in the futures brokerage contract for the customer to conduct futures trading. The margin charged by the futures brokerage company to the customer belongs to the customer; Except in accordance with the provisions of the China Securities Regulatory Commission, futures brokerage companies are strictly forbidden to use the deposits deposited by customers in futures exchanges for transaction settlement.