How to open an account for gold futures

Gold futures/
I believe most investors will be very interested in the specific process of gold futures account opening. The following editor will explain more relevant knowledge in detail for the specific process of gold futures account opening.


1、 Account opening conditions


Gold futures account opening conditions: futures account opening, that is, investors open futures accounts and capital accounts. The CSRC does not specify the lower limit of account opening funds for futures investors. With the different scale of futures companies and different trading methods, each company has a certain floating space for the requirements of account opening funds. With the gradual increase of bank futures transfer and futures securities transfer business, customers can freely transfer funds between bank accounts, securities accounts and futures accounts. As the basis of futures trading, opening an account is an important link to protect the legitimate rights and interests of investors. Especially on the eve of the launch of financial futures, further strengthening the real name system in the futures market can not only achieve twice the result with half the effort, greatly reduce the resistance and difficulty of implementation, but also is very necessary to consolidate the market foundation and meet the great development of the futures market.


2、 Account opening process


In the specific process of gold futures account opening, investors generally need to open an account with the member brokers of the gold futures exchange, sign the risk disclosure statement, trading account agreement, etc., and authorize the broker to pay the margin for the trading contract. After being authorized, the broker can carry out futures trading according to the contract terms and according to the customer's instructions. The specific process instructions of gold futures account opening include variety, quantity, date and customer's price. The key directives are: market price directives. Trading at the current exchange price. Price limit order. This is a kind of conditional order, which is executed only when the market price reaches the order price. Generally, the order of purchase price is executed only when the market price is lower than a certain level, while the order of sale price is executed only when the market price is higher than a certain level. If the market price does not reach the limit price level, the order cannot be implemented. The specific process of opening an account of gold futures is the stop order. The order is also an order for the client to authorize the broker to buy and sell futures contracts at a specific price. The stop order of buying means that the customer wants to buy the futures contract at the market price as soon as the market price is higher than a certain price; the stop order of selling means that the customer wants to sell the futures contract at the market price as soon as the market price is lower than a certain price. The specific process of gold futures account opening stops the price limit instruction. It refers to the order that the client requests the broker to sell at a limited price when the exchange price falls to a predetermined limit, or to supplement at a limited price when the exchange price rises to a predetermined limit. This order combines the characteristics of stop order and limit order, but it has certain risks compared with limit order. Gold futures account opening specific process time limit instructions. The instruction is also a conditional instruction, indicating how long the broker can execute the instruction. In general, unless otherwise specified, the instruction is valid on the same day. If an instruction is not executed in the trading day of the same day, the instruction will be invalid or expired.


Gold futures account specific process arbitrage instructions. This instruction is used to create both long and short positions at the same time. The specific process of gold futures account opening, such as the establishment of long position and short position for a certain amount of gold, only the maturity date of futures contract is different.


The above is Xiaobian's introduction to gold futures account opening. After reading this article, I believe you have a deep understanding of the specific process of gold futures account opening. Hope to help you.


[disclaimer] the publication of this article by finance managers for the purpose of transmitting more information does not mean that they agree with their views or confirm their descriptions. The content of this article is for reference only, and does not constitute an investment proposal. Investors operate on this basis at their own risk

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