First of all, for financial options, such as opening OTC ** options trading, although not all platforms clearly require that investors must have a fixed amount of funds in their accounts, they usually require investors to have certain investment experience and risk tolerance.
This is because opening OTC** options trading is complex and risky, and investors need to have sufficient knowledge and experience to deal with possible market fluctuations.
1. How much capital do I need to open OTC** options trading?
The counterparty of OTC options shall be a professional institutional investor in accordance with the Administrative Measures for the Suitability of Investors, and meet the following conditions:
For legal person participation, the net assets at the end of the last 1 year are not less than 50 million yuan, the financial assets are not less than 20 million yuan, and have more than 3 years of **, foreign exchange and other related investment experience. (Commonly known as 523 or 532 qualification, this item is the first choice for institutions participating in ** options, but there are not many institutions in the market to meet it, and it is also the only condition for identifying platform qualifications).
In the case of product participation, the scale of financial assets under management of the asset management institution participating in the product shall not be less than RMB 500 million at the end of the most recent year, and it shall have more than 2 years of experience in financial product management; The product shall be an unstructured product established in compliance with a scale of not less than RMB 50 million, and meet the following conditions:
1.1: Among the consignors after penetration, if the equity of a single investor exceeds 20% in the product, it shall meet the basic standards of professional investors in the "Measures for the Administration of Investor Suitability", and the financial assets at the end of the most recent year shall not be less than 20 million yuan, and have more than 3 years of investment experience in foreign exchange and other related investments;
1.2: The total premium paid for the purchase of OTC options and the initial margin paid shall not exceed 30% of the product size. For customers who do not meet this standard, they need to provide proof of net assets of RMB 50 million, financial assets of RMB 20 million and more than 3 years of investment experience.
IIOTC options are currently unable to open an account directly, and can only be inquired through institutions, and the options operation is mainly divided into: inquiry, exercise, and settlement.
1.Inquiry:
Enter *** real-time query the ** option rate for the specific option to be purchased.
The content of the inquiry includes elements such as transaction time, transaction target, transaction**, proportion and notional principal.
2.Deposit:
After inquiry, if the investor is ready to buy, the corresponding option premium will be transferred to the brokerage account.
3.*Transactions:
Customers can place trading orders through two methods: limit price and average price.
The system submits ** instructions to the institutional brokerage.
If it is a limit order, as long as it reaches the ** set by the investor, the ** transaction can be concluded in 2-3 minutes.
If the transaction is not completed, the premium will be refunded to the account.
4.Sell Exercise:
Customers can place trading orders through two methods: limit price and average price.
The system submits exercise instructions to the institutional brokerage.
If it is a limit order, as long as it reaches the ** set by the investor, the sell exercise transaction can be reached in 2-3 minutes.
If the transaction is not completed, you can cancel the order and submit it again.
5.Billing:
According to the information of ** and sell to close the position, the broker will settle the ** option contract.
The profit part is transferred from the institution to the personal bank card.
Options participants should consider their own risk tolerance before managing their risk. Having a correct understanding of one's own risk tolerance can help investors control risks more effectively and accelerate the pace of achieving investment goals.
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For more knowledge about option split account opening, there are also some exemption methods that can be opened without threshold, and if you are interested in this aspect, you can get the option opening method.