Stock index futures are standardized futures contracts with stock price index as the subject matter. Both parties agree that on a specific date in the future, they can buy and sell the underlying index according to the size of the stock price index determined in advance, and then settle the difference in cash after the expiration.

Individual investor stock index futures (financial futures) account opening conditions:

① Capital requirements: the available funds in the futures account for five consecutive trading days before the application are more than RMB 500,000.

② Online evaluation of financial knowledge: Individual investors need to log on to the mid-term exam website to participate in the financial futures knowledge test and record the whole process, with a test score of not less than 80 points.

(3) Credit record: there is no serious bad credit record, and there is no situation that laws, administrative regulations, rules and business rules of the exchange prohibit or restrict financial futures trading.

(4) Trading experience (choose one from two)

A At the end of the trading day before application, there were 10 trading days and more than 20 financial simulation transactions.

(2) There have been more than 10 transactions in the last three years.