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FAQ

1. How can I open a futures trading account?
2. Do I need to pay any deposit or fees to open an account?
3. I am a client of First Shanghai Securities Limited, can I use this account to trade futures?
4. What kind of futures and options products can I trade?
5. I have opened a futures trading account at First Shanghai, can I use the online futures trading system?
6. I have opened a futures trading account at First Shanghai, can I trade global futures?

 
 

1. How can I open a futures trading account?

Press Account Opening on the top right hand corner, fill in your personal information and we will contact you shortly for account opening. Alternatively, you may come to our office in person, bringing along the necessary supporting documents to open an account. Our office address is:,

First Shanghai Futures Limited
Room 2505 Wing On House,
71 Des Voeux Road Central,
Central, Hong Kong
 

 

2. Do I need to pay any deposit or fees to open an account?
You do not need to pay any deposit or fees when opening a futures trading account. However, before trading, you must have 100% of initial margin in your account. When closing out the position, the initial margin or the difference will be credited back to your account.
 

3. I am a client of First Shanghai Securities Limited, can I use this account to trade futures?
No. First Shanghai Securities Limited and First Shanghai Futures Limited are two independent companies. First Shanghai Securities Limited provides securities trading services, while First Shanghai Futures Limited provides future trading services. Clients have to open a futures trading account to trade futures.
 
 

4. What kind of futures and options products can I trade?

First Shanghai Futures Limited provides the following products for trading:
 

Exchange

Futures Contracts

HKFE HSI futures and options
Mini HSI futures and options
H-shares Index futures and options
Mini H-shares Index futures and options
CBOT Corn, soybean, wheat
Mini Dow Jones Index
CME Euro, Australian dollar, British Pound, Japanese yen
Mini S&P 500
NYMEX Crude oil
Gold, silver, copper

 

 

5. I have opened a futures trading account at First Shanghai, can I use the online futures trading system?

If you are a client of First Shanghai Futures Limited, all you need to do is to sign and return the original copy of Supplemental Agreement for Internet Trading, in order to use the online futures trading system. We will process your request and inform you of the login details individually. The agreement can be downloaded in Useful Forms section, or you may contact your account executive for a copy.


6. I have opened a futures trading account at First Shanghai, can I trade global futures?
Existing clients of First Shanghai intending to trade global futures are required to sign and return the Risk Disclosure Statement for Commodities and Derivatives Products and Securities Law Disclaimer to your account executive or post it to our Settlement Department, the address is: 19/F, Wing On House, 71 Des Voeux Road Central, Central, Hong Kong

   

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