Language - English
Mode 1: As an overseas customer, directly participate in transactions through a member of a domestic futures company
Mode 2: As an overseas client, entrust members of domestic futures companies or overseas special brokerage participants to participate in transactions through an overseas intermediary agency
Mode 3: As a foreign special brokerage participant, overseas institutions accept the entrustment of overseas clients to participate in transactions (direct market entry, settlement and delivery are entrusted to futures company members)
Mode 4: As overseas special non-broker participants, foreign institutions participate in transactions (direct entry transactions, settlement and delivery are entrusted to futures company members)
| Exchange | Shanghai International Energy Exchange (INE) |
|---|---|
| Products | Crude oil futures |
| Available funds requirements | The available fund balance of the margin account must not be less than RMB 100,000 or equivalent foreign currency for 5 consecutive trading days before applying for trading code or trading authority;
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| Knowledge test requirements | Log in to the examination platform of the China Futures Industry Association to conduct an online test of the suitability of a specific product trader. The total score of the knowledge test is 100 points, and 80 points are qualified. |
| Trading experience |
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| Exchange | Dalian Commodity Exchange (DCE) | Zhengzhou Commodity Exchange (ZCE) |
|---|---|---|
| Products | Iron ore futures | PTA futures |
| Available funds requirements | After daily settlement in the 5 trading days before applying for transaction code or opening transaction authority, the balance of available funds in the margin account of the account opening institution shall not be less than RMB 100,000 or equivalent foreign currency | |
| Knowledge test requirements | Log in to the examination platform of the China Futures Industry Association to conduct an online test for the suitability of a specific product trader. The total score of the knowledge test is 100, and 80 is qualified. | |
| Trading experience | There are real transaction records of futures or options on domestic/overseas trading venues in the last three years. | |
| Exchange | Shanghai International Energy Exchange (INE) |
|---|---|
| Products | No. 20 rubber futures |
| Available funds requirements | After daily settlement on the 5 trading days before applying for a transaction code or opening transaction authority, the available fund balance in the margin account of the account opening institution shall not be less than RMB 100,000 or the equivalent foreign currency |
| Knowledge test requirements | Log in to the examination platform of the China Futures Industry Association to conduct an online test of the suitability of a specific product trader. The total score of the knowledge test is 100 points, and 80 points are qualified. |
| Trading experience | Recognized futures trading experience, including futures, options, and centralized clearing derivatives transaction records |
Individual/joint customers:
A. Valid verified identity documents, B. Address proof, C. Bank account number or copy of passbook, D. Application form
Corporate customers:
A. Company registration related documents, B. Board resolution documents, C. Authorized person-related authorization data, D. Application form