How to handle a futures account?
I. Application for opening an account
1 individual customer
Individual customers need to handle the account opening procedures in person and sign the account opening materials, and may not entrust others to handle the account opening procedures. Unless otherwise stipulated by the China Securities Regulatory Commission, the valid identity documents of individual customers shall be the resident identity cards of the People's Republic of China and the resident identity cards of the People's Republic of China.
2 corporate customers (institutional investors)
If a company customer wants to open a futures account, he/she needs to present the power of attorney issued by the company, the valid identity certificate of the agent and other account opening materials that need to be carried as required. The valid identification documents of general corporate customers are organization code certificate and business license. The valid identification documents of the clients of special units shall be stipulated separately by the monitoring center.
Two. Read the futures trading risk statement and sign it.
According to the Measures for the Administration of Futures Appropriateness, when accepting the application materials from customers, futures companies need to show their futures trading risk statements to inform them of the futures trading risks, which will be signed by the customers for confirmation. Company customers also need to be authorized by the company and stamped with the official seal of the company.
Three. A client signs a futures brokerage contract with a futures company.
When signing a contract, individual customers need to provide their identity documents, and keep references and signed sample cards. Corporate customers need to provide a copy of the annoying business license of the enterprise, the contact information of the legal representative of the company and the executor of the futures trading business, the written power of attorney authorizing the executor of the futures trading business, the seal of the legal representative or the person in charge of the company and other written materials.
Four. Apply for the transaction code and confirm the fund account number.
Futures companies apply for special codes for futures trading in various futures exchanges for customers, and customers confirm their account amounts.
It should be noted here that after the futures trading code is allocated, it will not be allowed to be used until the next trading day. In addition, after signing the brokerage contract, the customer needs to pay the deposit according to the regulations before placing an order, and the deposit will be deposited into the customer account specified in the brokerage contract.