What are the requirements for opening an account for options trading?

Updated on Financial 2024-03-23
7 answers
  1. Anonymous users2024-02-07

    。When applying for account opening, the average daily market value and the available balance of the capital account (excluding **or **integrated through margin financing and **loan transactions) shall not be less than 500,000 yuan in the first 20 trading days of the company.

    Have simulated trading experience that matches the trading institution you are applying to.

    Open a Shanghai A account for more than 6 months in Zhongdeng and open a margin account in ** company; Or those who have opened a Shanghai A account for more than 6 months and have financial ** trading experience.

    Pass the options knowledge level test.

    Assess the risk tolerance of a ** company at a steady, positive, or positive level, and the risk tolerance assessment time is less than one year. After meeting the needs of opening a position, you can contact the broker and open a position for options trading.

    Individual investors. 1.When applying to open an account, the total market value of the option operating institution entrusted to it and the available balance of its capital account shall not be less than 500,000 yuan;

    2.Those who have been engaged in trading for at least 6 months and have the qualifications to engage in margin trading business or financial trading experience, or have opened an account with **company for 6 months and have experience in financial trading;

    3.The individual has good credit, no bad credit record, and is not prohibited or restricted from engaging in options trading by laws, regulations or the business rules of the Exchange;

    4.Have a corresponding risk tolerance;

    5.Experience in simulated trading of options approved by the Exchange;

    6.Possess basic knowledge of options and pass relevant tests recognized by the Exchange.

    Ordinary Institutional Investors1When applying to open an account, the total market value of the option operating institution entrusted to it and the available balance of its capital account shall not be less than 1 million yuan;

    2.Net assets of not less than 1 million yuan;

    3.The enterprise has good credit, no bad credit record, and the laws and regulations or the business rules of the Exchange do not prohibit or restrict it from engaging in options trading;

    4.The relevant business personnel have the basic knowledge of options and have passed the relevant tests recognized by the Exchange;

    5.The relevant business personnel have experience in options simulated trading recognized by the Exchange.

    Extended Information: Opening a Commodity Options Account for the First Time.

    The funds in the margin account shall not be less than 100,000 yuan in the first 5 trading days before the start of options trading.

    Go to the sales department to open an account and check it.

    Experience in simulated trading of commodity options.

    **Options Account Opening Conditions.

    Have more than half a year** trading experience before opening options trading; In the past 20 trading days, the available funds in the ** account shall not be less than 500,000 yuan;

    Experience in finance** or margin trading.

    Passed the communication of the cognitive test; Experience in simulated trading of options recognized by the exchange;

    There is no illegal or illegal transaction.

    Requirements for opening an options account for the first time in a 50 ETF.

    No more than 3 ** accounts can be opened;

    Go to the sales department to open an account for the examination;

    **The account has been opened for more than half a year;

    Have margin trading qualifications or financial trading experience, choose one;

    In the 20 trading days prior to the option opening, the average daily share capital of our account was $500,000.

  2. Anonymous users2024-02-06

    Hello, the following conditions need to be met to open an option account:

    1. When applying for account opening, the total available balance of the **, market value and capital account (excluding ** and funds integrated through margin trading) entrusted by the option management institution shall not be less than RMB 500,000;

    2. More than 6 months in the designated trading of ** company and obtain the qualification to participate in margin financing and securities lending business or more than 6 months of experience in financial ** trading; or have opened an account in ** company for more than 6 months and have financial ** trading experience;

    3. Have basic knowledge of options and pass the Shanghai Stock Exchange; recognised relevant tests;

    4. Possess the Shanghai Stock Exchange; Recognized experience in options demo trading;

    5. Have the corresponding risk tolerance;

    6. There is no serious bad credit record, and there is no prohibition or restriction on option trading by laws, regulations, departmental rules and business rules of the Shanghai Stock Exchange;

    7. Other conditions stipulated by the Shanghai Stock Exchange.

    The essence of options is to price rights and obligations separately. Here's an example of an actual forex options trade.

    Xiao Ming expected that the RMB would appreciate against the US dollar, so he exercised a RMB call option with a premium of 1 yuan per US dollar** which was USD1=RMB5. (Assuming the current exchange rate is 1 USD = 6 RMB). The following is a hypothetical scenario for the exchange rate at the expiration of the option:

    1. The reality is 1 US dollar = 2 RMB, at this time Xiao Ming will definitely choose to exercise its power, and the exercise price is 1 US dollar = 5 RMB. At this time, Xiao Ming was able to borrow one US dollar from the bank to exercise the option, exchange it back for 5 yuan, and make a net profit of (3-1) yuan.

    2. The reality of 1 US dollar = 7 RMB, Xiao Ming will not execute it at this time, and the net loss is 1 yuan of option premium.

    Theoretically speaking, Xiao Ming's return is infinite, and the loss is only the option premium. For the buyer, it's the opposite.

    Of course, this is only a call option, and the put option is similar, but the conclusion is certainly different.

  3. Anonymous users2024-02-05

    With the prevalence of options trading in China, especially ** options are especially loved by domestic investors because they can be indirectly shorted, as a relatively new on-site trading variety, the appropriateness requirements and account opening process of options trading accounts are slightly more complicated than ordinary ** account opening, so how to open an option account? What are the specific procedures for opening an account?

    **[Caishun Finance].

    How to open an option account? What are the specific procedures for opening an account?

    If an individual investor wants to trade options, he must first open an account, and according to the regulations, he or she needs to meet certain conditions to open an option account. The main threshold for opening an account: two methods.

    1. 100,000 available funds are required, and capital verification for 5 consecutive trading days is required; The account has more than 10 transaction records; Pass the exam (score more than 80 points, complete the ** transcript). 2. There are 50 trading days of transaction records in the year before applying for permission. If there is a transaction, even if it is a day, it can be opened and closed, and the position is not counted.

    What if you don't meet the options trading threshold? What to do? It should be noted here that the individual who opens an account in the ** company and the no-threshold option sub-account platform are not the same, the ** company's account opening threshold is relatively higher, but the option sub-account platform is no threshold, but about the choice of platform, it is still necessary to find a safe and formal option trading platform.

    How to trade options after opening an account?

    If you can't trade on the day of option account opening, you need to meet the daily average of 500,000 yuan for 20 days and half a year of trading experience to operate. If you open an account on an options platform that cooperates with a brokerage, you can trade at any time as long as it is during normal trading days, and you don't need to wait. How to trade options?

    First of all, we need to know that there are buyers and sellers of options, which can be bullish or put, and then option contracts are divided into: out-of-the-money contracts, at-the-money contracts, and real-value contracts.

  4. Anonymous users2024-02-04

    The opening conditions for options trading mainly include the following types of rigid standards:

    1.Must be at least 18 years old and have full capacity for conduct;

    2.The personal investment risk assessment is above 90 points;

    3.Meet the relevant trading experience of **, ** and other related for 6 months, and the transaction capital of the account is greater than 500,000;

    4.Applicants must also pass the basic knowledge test of the exchange with a score of 70 or more during the account opening process, and complete the experience of simulated trading in the efficient market.

    The above four conditions are all requirements for opening at the brokerage, and experienced investors can also choose to trade in sub-accounts. In addition, there are risks in investing in SSE 50 ETF options, of course, but they are not uncontrollable risks.

    There are two types of risks associated with SSE 50 ETF options, one is the market risk of compliant trading, and the other is the moral hazard of non-compliance.

    First of all, participating in the compliant SSE 50 ETF options trading is a very professional investment, so the exchange also requires the amount of funds of participating investors to be more than 500,000, and it is clearly stipulated that participating investors need to take relevant examinations, the purpose of which is to require participants to have the corresponding risk tolerance ability, and must have basic professional knowledge.

    Second, for some non-compliant OTC bypass transactions, the easiest way to prevent it is not to participate. Because the small and medium-sized investors who participate in the detour may not have the amount of funds required by the exchange, they may also lack basic knowledge.

  5. Anonymous users2024-02-03

    The rights and obligations of the buyer and the seller in options trading are not equal. After the buyer pays the premium, there is a right to execute and not to execute, but not an obligation; **Trading is an advanced trading method developed based on spot trading and taking forward contract trading as the prototype. So let's find out more about the conditions for opening an account for options trading today?

    **Which option is better?

    **What are the requirements for opening an account for options trading?

    **You can open an account online, you can also open an account with a company, you need to open an account online with **** trading software, you can operate according to the process after finding the account, prepare your ID card and bank card, **company account opening only needs to bring your ID card, bank card and mobile phone to ** company, and the staff will handle it. Options account opening must be handled over the counter, and the account has been opened for more than 6 months, exchange knowledge test score: no less than 70 points, 20 consecutive trading days in the institutional account to be opened daily available funds:

    More than 500,000 (**account is the sum of **market value and available balance, excluding the deposit** and funds).

    After meeting the conditions, you can open an account, and you can find an account manager to coordinate the commission before opening an account, because it is basically impossible to apply for a commission adjustment after opening an account. There is also an option sub-account platform to open an account, which has no threshold and does not need to prepare a capital threshold.

    **Which option is better?

    The leverage of options investment will be much higher than **, so many new investors will choose option investment. But in fact, the investment leverage of ** and options is relatively high, especially for ** and investors who take the organization as the situation, it is definitely better to buy options than to buy ** investment. When it comes to small and large, options and ** are the representatives of many investment products.

    Both of these investment methods have the characteristics of high leverage, in fact, whether it is for ** or institutional organizations, in fact, options are better than **.

  6. Anonymous users2024-02-02

    Caishun Options: What are the conditions for opening an account for options trading? A complete options trading process includes the following steps:

    Account opening, order placement, settlement, and exercise. The exercise link is not a necessary part of options trading, and an options account is required before trading, we know that you have to open an account to trade options, but according to the law, options trading account opening needs to meet the legal conditions.

    Because options can be shorted and long, they can be traded at any time, but the premise is that you still need to understand its account opening process, so what are the options account opening process? What are the latest standard option thresholds? The details are as follows:

    First of all, the user first needs to meet the threshold of the company's option account opening (to meet 500,000 funds, and to meet the daily average of 500,000 for 20 days, the cost of handling fees). After reaching the threshold of opening an account, users can apply for a demo account from a brokerage firm or ** company to complete simulated trading. Then, after completing the simulated trading, the user needs to take the relevant knowledge test, and after the final test is passed, only the option trading fee is required.

    In addition, individual investors need to evaluate the market when opening an option account in a sub-account, and do not need additional account opening conditions, which requires certain trading experience.

    How to trade options after opening an account? First of all, we must know that there are buyers and sellers of options, which can be bullish or bearish, and then the option contract is divided into: out-of-the-money contract, at-the-money contract, and real-value contract, which depends on the strike price, and then a more important thing is to choose the option contract, in options trading, we call the current month and the next month contract the near-month contract, and the quarter-month and the next-quarter contract are called the far-month contract.

    If you are investing in options that are very bullish on the trend of a particular month, you can choose an option contract for the target month associated with it. Choosing a contract is also an important part of options trading, and a better contract selection will lead to a higher single profit.

  7. Anonymous users2024-02-01

    1. **Option account opening.

    1.The market capitalization of individual investors and the available balance of the funding account need to be greater than 500,000 RMB and be maintained for 20 working days.

    2.Pass the relevant knowledge test of Shanghai ** Exchange.

    3.It is necessary to have some experience in simulated trading of options**.

    4.Have opened an account with a **company for more than 6 months and have the qualifications to participate in margin trading and have more than 6 months of experience in opening an account with a **company.

    5.Have a certain risk tolerance and have no serious bad credit records and market bans.

    Because the entry threshold for options is too high, many financial companies have come up with the idea of opening an account with a brokerage, and then using the software platform to divide the account into several sub-accounts, that is, opening an account on a soft home or an online platform for opening an account.

    2. Conditions for opening an account on the online platform.

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