Individual Account - Futures
Professional Investors
| Definition of Professional Investor is one of the following groups |
| 1 |
A high net worth individual investor, either alone or with his/her spouse or children on a joint account, having a portfolio of cash held for such person or persons by a custodian and/or securities of not less than HKD $8 million (or its foreign currency equivalent) |
| 2 |
A corporation, the sole business of which is to hold investments and which is wholly owned by an individual who, either alone or with his/her spouse or children on a joint account, has a portfolio of cash held for such person or persons by a custodian and/or securities of not less than HKD $8 million (or its foreign currency equivalent). |
| 3 |
A corporation or partnership having a portfolio of cash held for it by a custodian and/or securities of not less than HKD $8 million (or its foreign currency equivalent) or total assets of not less than HKD $40 million (or its foreign currency equivalent). |
| 4 |
A trust corporation having been entrusted under the trust(s) of which it acts as trustee with total assets of not less than HKD $40 million (or its foreign currency equivalent). |
| Required Documents |
| 1 |
If the account is to be opened in the name of a corporation which falls within the description in the second category listed under the heading “Financial Status” above, evidence that the corporation is wholly owned. |
| 2 |
If the account is not to be opened to the amount of funds required to fulfil the financial status of a Professional Investor, please provide the following evidence of ownership of the required amount of assets specified under the heading “Financial Status”: |
| 3 |
If the account is to be opened in the name of an individual, either a certificate issued by an auditor or a certified public accountant or one or more custodian statements issued to the individual. Any certificate or custodian statements provided must have been issued within the previous 12 months. |
| 4 |
If the account is to be opened in the name of a corporation, partnership or trust corporation, the most recently audited financial statement prepared within the previous 16 months or one or more custodian statements issued to it in the previous 12 months. |
Retail Investors
| Required Documents |
| 1 |
Copy of Identity Card or passport of all Authorised Persons, Directors and beneficial owers(s) |
| 2 |
Latest Original Bank Statement |
| 3 |
Utilities Bill |
The tables above summarises the key points to note. Should you have any queries, please feel free to email us at futuresdeskhk@mfglobal.com or contact us at +852 3553 1000.
Contact us for account opening forms.
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