Investors need to bring the necessary documents when opening a derivatives contract account, and choose the business department of an options trading institution to open a derivatives contract account and margin account on the spot. Natural persons should be at least 18 years old and have full capacity for civil conduct when applying for account opening. Investors from Hong Kong, Macao and Taiwan who meet the relevant requirements for suitability management can also participate in options trading. Options For investors who have opened a derivatives contract account in the Shanghai Stock Exchange, they can open a derivatives contract account in the original options operating institution, whether on-site or off-site (such as through witnessing, networking, etc.).
The conditions for opening an account include:
1.In the 20 trading days before applying for account opening, the company's own assets are not less than 500,000 yuan per day (excluding ** and funds incorporated through margin trading);
2.The A-share ** account has been opened for more than 6 months and has opened a margin account or has financial ** trading experience
3.Have basic knowledge of options and pass the relevant tests recognized by the exchange;
4.Experience in simulated trading of options approved by the Shanghai Stock Exchange;
5.Have the corresponding risk tolerance (stable and above), and the investment varieties include derivatives;
6.There is no serious bad credit record and laws, regulations, rules and business rules of the Shanghai Stock Exchange prohibit or restrict engaging in options trading;
7.Other conditions stipulated by the SSE.
After the account opening is approved, the option operator will submit the account opening data to China ** Depository and Clearing Co., Ltd., and process the account opening application in real time. Once a derivatives contract account is successfully opened, investors can start trading options the next day.
Options circle collated and released.
Let's talk about what kind of process and conditions are required to open an account in an option split account, and the following is an overview of a common option split account opening process:
1.Choosing an option operator: Investors first need to choose an option operator or company, which usually depends on their own needs, reputation, service quality, fee structure and other factors.
2.Prepare the documents required to open an account: Investors need to prepare the documents required to open an account, which generally include valid identity documents (such as ID cards, passports, etc.), bank cards, proof of assets, personal information forms, etc. Different institutions may have different specific requirements, so it's a good idea to know the account opening requirements of your chosen institution in advance.
3.Go to the sales department: The investor goes to the business department of the selected option operating institution and selects the option split account to open an account. At the counter or service window, submit the documents required to open an account to the staff.
4.Fill in the account opening application form: Investors need to fill in the relevant account opening application**, including personal information, investment experience, risk tolerance, etc. This is to understand the background of the investor in order to provide them with a more suitable service.
5.Conduct risk assessment: Some options operators will require investors to conduct a risk tolerance assessment to ensure that investors can understand and tolerate the risks of options trading.
6.Sign agreements and documents: Investors need to sign relevant agreements and documents, confirm that they have read and understood the relevant risk warnings, and agree to abide by the rules and regulations of options trading.
7.Account opening completed: After all the formalities are completed and approved, the investor's option split account is officially opened and can start options trading.
From the above process, it can be seen that the account opening process of the sales department and the option division is different, and individual investors can also choose the channel of opening an account according to their own conditions.