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Can Huaxi Securities go directly to stock index futures?
2. No, Huaxi Securities Company does not have IB qualification, but it has obtained intermediary business qualification. It can introduce investors to futures companies and provide certain services for investors to carry out futures trading, but it is not allowed to open accounts for investors, conduct futures trading, settlement or delivery on behalf of customers, collect, keep or modify trading passwords on behalf of customers, provide financing or guarantee for customers to engage in futures trading, and it is not allowed to use customers' trading codes, capital accounts or futures settlement accounts. Note: Generally, investors are advised to open an account in Huaxi Securities and Futures Business Department as much as possible, because they will enjoy more professional futures services. To open an account by a natural person of Huaxi Securities stock index futures, in addition to the above-mentioned qualifications for opening an account by a natural person of commodity futures, the following conditions should be met: (1) It has economic strength, and the balance of available funds in the margin account when applying for opening an account is not less than RMB 500,000; (2) Have product knowledge, have been trained by account opening specialists, and have passed the basic knowledge test of stock index futures; (3) Having investment experience, having at least 10 trading days and more than 20 stock index simulation trading records, or having more than 10 commodity futures trading experience in the last three years; (4) There is no serious bad credit record, and there are no laws, administrative regulations, rules and business rules of the exchange that prohibit or restrict stock index futures trading. Futures account, Huaxi securities stock index, need to bring: (1) my original valid identity certificate; (2) My savings card opened in ICBC, China Construction Bank, Agricultural Bank of China and Bank of Communications, or the passbook of CCB and ICBC.
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