Natural person: Have a cumulative 10 trading days, 20 or more options simulation trading experience of this type of option recognized by the exchange (including: opening, closing, and exercising options, and one order is completed in multiples) shall be deemed as one transaction record); have experience in commodity option simulation trading exercise recognized by the exchange (active exercise on non-expiration date, active exercise on expiration date or voluntary abandonment of exercise on expiration date); natural person investor himself has Basic knowledge of futures and options, pass the knowledge test recognized by the exchange, and the test score shall not be less than 90 points; the available fund balance of the futures margin account after daily settlement for 5 consecutive trading days before opening options trading permission shall not be less than RMB 100,000 ; There are no circumstances prohibiting or restricting futures and options trading by laws, administrative regulations, rules and exchange business rules (the integrity of the China Association of Trade and Industry, and the record of dishonesty in the securities and futures markets); Signing the "Investor Risk Tolerance Questionnaire" and "Options Trading Risks" Disclosure Statement", "Option Trading Supplementary Agreement", "Option Trading Authority Application Form"

General unit investors are corporate institutions

Having accumulated 10 trading days recognized by the exchange. , 20 or more options simulated trading experience of this variety (including: opening, closing, and exercising options, and one order is completed in multiples as one transaction record);

Have an exchange Approved exercise experience in simulated trading of commodity options (active exercise on non-expiry date, active exercise on expiration date, or active abandonment of exercise on expiration date);

Generally, designated order placers of unit investors have Basic knowledge of futures and options, pass the knowledge test recognized by the exchange, and the test score shall not be less than 90 points;

After the daily settlement for 5 consecutive trading days before opening options trading permissions, the available fund balance of the futures margin account shall be equal No less than RMB 100,000;

There are no circumstances prohibiting or restricting futures and options trading by laws, administrative regulations, rules and exchange business rules (the integrity of the China Association of Trade and Industry and the record of dishonesty in the securities and futures markets);

Have internal control, risk management and other relevant systems for participating in options trading;

Sign the "Investor Risk Tolerance Questionnaire", "Option Trading Risk Disclosure Statement", and "Option Trading Supplement" Agreement" and "Application Form for Options Trading Permissions". For institutional investors, special units and market makers, in addition to meeting the above conditions, also require the person who issues the order to participate in options trading to personally participate in an on-site knowledge examination approved by the exchange. , no substitute examination is allowed; legal person customers must have internal control, risk management and other relevant systems to participate in options trading

For securities companies, fund management companies, trust companies, banks, other financial institutions, and social security companies. , qualified foreign institutional investors and other special institutional customers who need separate asset management, as well as other institutional customers recognized by the exchange, need to provide internal control and risk management systems.

Individual and general legal person account openings are required. Note that it takes a certain amount of time to prepare for the knowledge test and simulated trading and exercise experience. Options Intelligence stated that the option knowledge test is relatively difficult, and it is recommended that customers carefully study the relevant knowledge of option types before the exam. In terms of simulated trading, it takes a certain amount of time to complete the simulated trading and exercise experience, so if customers are interested in opening an account, they still need to plan in advance.