The first customers of stock index futures are mainly natural person customers, mainly investors in the securities market and futures market and private equity funds. After the policies of Public Offering of Fund, QFII and other institutions to invest in stock index futures are clear, these institutional investors will become the second batch of account holders, and stock index futures will play a better role at this stage.

To open a stock index futures account, investors must meet at least the following four conditions.

Have basic knowledge of stock index futures and pass relevant tests.

The balance of available funds in the margin account shall not be less than RMB 500,000.

Have at least 10 trading days and more than 20 simulated trading experiences in stock index futures, or have more than 10 trading records in commodity futures in the last three years.

Through comprehensive evaluation, including age and education, investment experience, financial status and integrity.