If a futures account has just been opened, and the condition of "accumulated experience in ordinary commodity futures trading for 50 trading days" cannot be met, then the trading authority of commodity futures options can be opened according to the original requirements for opening commodity futures options:
I. Funding:
The balance of available funds in the margin account after daily settlement for five consecutive trading days before the application is not less than RMB 654.38+10,000;
Second, the trading experience:
Meet any of the following three conditions.
1 simulated trading experience: it has simulated trading records of futures contracts or options contracts with a cumulative period of not less than 10, and has more than 20 domestic trading places recognized by exchanges;
Real trading experience in China: more than 65,438+00 futures contracts, options contracts or other derivatives transactions (such as swap transactions) have been conducted in domestic trading places in the past three years;
(3) Real overseas trading experience: it can provide details of trading records, settlement documents or other vouchers of overseas trading places supervised by the futures regulatory authorities of countries (regions) that have signed a memorandum of understanding on regulatory cooperation with the China Securities Regulatory Commission, and prove that they have more than 65,438+00 futures contracts, option contracts or other derivatives transactions (such as swap transactions) in recent three years.
Note: 1 entrusted transaction in stages is regarded as 1 transaction record. All the above transaction records shall be those of actual (simulated) transactions; You don't need to provide exercise experience when applying for option authorization.
Third, the knowledge test:
The natural person/legal person designates the subscriber to log on to the China Futures Association's investor appropriate knowledge test platform to participate in the "Basic Knowledge Test of Futures Trading", with a score of not less than 80 points.
Fourth, the integrity record:
Persons who have no serious bad credit record or who are banned from entering the futures market by the competent regulatory authorities;
There are no laws, regulations, rules and business rules of the exchange to prohibit or restrict futures trading.
Investors who have previously opened the trading authority of commodity futures options, that is, investors who already have the trading authority of Shanghai Futures Exchange, will directly have the trading authority of gold options.