There are several necessary conditions for individual investors to open ETF options trading: 1. Trading experience: For different types of investors, the requirements for trading experience are also different. Only securities account investors need to meet the A-share account designation to open options trading.
Only those who have been trading for more than six months and have margin trading and securities lending business are qualified or have financial futures trading experience. Only futures account investors who want to open options trading need to have opened an account with a futures company for more than six months and have financial futures trading experience.
2. Custodian assets: The total net assets of a company that an investor opens an option account in custody in its securities company shall not be less than RMB 500,000.
3. Simulated trading: Investors need to open a simulated trading account for options trading before officially participating in trading, and require corresponding levels of simulated trading experience.
For example, a primary trading account must have simulated trading experience in covering open call options, buying open put options, closing positions on held contracts, and exercising declarations on the premise of holding the underlying securities.
The secondary trading account needs to have buying and opening call options, as well as all simulated trading experience corresponding to the primary authority.
The third-level trading account needs to have margin selling and opening positions and all simulated trading experience corresponding to the second-level authority.
4. Risk tolerance: Investors must have corresponding risk tolerance to open an option account. Investors who are not stable cannot open an option account.
5. Knowledge test: Investors who open an option trading account need to have basic knowledge of options and pass the exchange knowledge test. Investors who open a first-level account need to pass the first-level knowledge test, and investors who open a second-level account need to pass the second-level knowledge test.
Level 3 knowledge test. Investors who open level 3 accounts need to pass the level 3 or comprehensive test paper knowledge test.
6. Credit status: When an investor opens an option account, he or she must not have a serious bad credit record, or be prohibited or restricted from engaging in options trading by laws, regulations, rules and exchange business rules.
In summary, there are six conditions for individual investors to successfully open options trading: 1. Trading experience is essential; 2. Assets must be 500,000; 3. Simulation trading must be done well; 4. Risk tolerance is required; 5. Knowledge testing is required
Meet the standards; 6,? Be honest and abide by the regulations.
After completing and passing the review of the above conditions, individual investors can successfully open a stock option account for trading.
Now, the option splitting method can also trade 50ETF options, 300ETF options, 500ETF options and GEM ETF options on the exchange.