Abstract:Everbright Futures Co., Ltd. (EBF) is a subsidiary of China Everbright Securities with a registered capital of 1.5 billion RMB. EBF holds membership seats on all major domestic futures exchanges in China. Founded in 1993 as Nan Du Futures, it was among the first professional futures companies in the country. Over the years, EBF has built a strong reputation in the industry for its prudent management, regulatory compliance, professional services, and robust asset base.
Company Name | Everbright Futures Co., Ltd. |
Ownership | Subsidiary of China Everbright Securities |
Registered Capital | 1.5 billion RMB |
Membership Seats | All major domestic futures exchanges in China |
Year Founded | 1993 (formerly Nan Du Futures) |
Headquarters | Shanghai, China |
Branch Offices | Multiple locations, including Shanghai, Beijing, Dalian, Fuzhou, Ningbo, Zhengzhou, Qingdao, Changsha, Tianjin, Shenzhen |
Trading Platform | CTP trading system by Shanghai Futures Exchange |
Regulatory Oversight | China Financial Futures Exchange (CFFEX) |
Customer Support Hotline | 400-700-7979 |
Company Phone | 021-80212222 |
Complaints Hotline | 400-700-7979 |
Fax | 021-80212200 |
Company Address | China (Shanghai) Free Trade Zone, 729 Yanggao South Road, Lujiazui Century Financial Plaza, Building 1, 6th Floor, Unit 703 |
Everbright Futures Co., Ltd. (EBF) is a subsidiary of China Everbright Securities with a registered capital of 1.5 billion RMB. EBF holds membership seats on all major domestic futures exchanges in China. Founded in 1993 as Nan Du Futures, it was among the first professional futures companies in the country. Over the years, EBF has built a strong reputation in the industry for its prudent management, regulatory compliance, professional services, and robust asset base.
Headquartered in Shanghai, the financial hub of China, EBF has established multiple branch offices across key cities like Shanghai, Beijing, Dalian, Fuzhou, Ningbo, Zhengzhou, Qingdao, Changsha, Tianjin, and Shenzhen. It plans to expand further by opening more futures business departments nationwide, leveraging the extensive network of China Everbright Securities. EBF's commitment is to provide investors with comprehensive and reliable services, accessible from anywhere and at any time.
EBF is dedicated to creating a top-tier trading platform, utilizing the CTP trading system by the Shanghai Futures Exchange. It upholds strict margin management practices and offers convenient and secure fund transfer services through authorized banks under the supervision of the China Securities Regulatory Commission (CSRC).
With a guiding philosophy of “Professional Service, Integrity, Value Creation, and Pursuit of Excellence,” EBF prioritizes investors' needs and provides them with efficient and professional services through its experienced and dedicated team.
Everbright Futures is a financial institution that operates in the futures market, and it is subject to regulatory oversight by the China Financial Futures Exchange (CFFEX). As a key player in the Chinese futures industry, Everbright Futures is obligated to adhere to the rules and regulations established by CFFEX to ensure transparency, fairness, and stability in the futures market. This regulatory framework helps safeguard the interests of market participants and the overall integrity of the financial system, contributing to a well-functioning and secure environment for futures trading in China.
Everbright Futures Co., Ltd. presents a range of advantages and challenges for investors. On the positive side, the company offers comprehensive financial services, adheres to regulatory oversight, employs a professional team, provides access to diverse tradable instruments, and prioritizes client education. However, potential drawbacks include the complexity of account opening, strict margin management practices, limited accessibility for some investors, geographic limitations in service availability, and the intricacies of account funding. Investors should carefully consider these pros and cons when evaluating Everbright Futures as a potential investment service provider.
Pros | Cons |
1. Comprehensive Services: Offers a wide range of financial services, including futures brokerage, fund management, options trading, asset management, risk management, and investment advisory. | 1. Complex Account Opening: Account opening requirements can be complex and may involve suitability assessments and specific document submissions. |
2. Regulatory Oversight: Subject to regulatory oversight by the China Financial Futures Exchange (CFFEX), ensuring transparency and fairness in the futures market. | 2. Margin Management: Strict margin management practices may limit leverage and trading options for some investors. |
3. Professional Team: Provides services through an experienced and dedicated team, prioritizing investors' needs and offering expert guidance. | 3. Limited Accessibility: Services may be primarily accessible to investors within China or specific regions. |
4. Diverse Tradable Instruments: Offers access to a variety of futures and options contracts across different exchanges in China. | 4. Geographic Limitations: Presence may be limited to key Chinese cities and regions. |
5. Client Education: Places a strong emphasis on client education, helping investors make informed decisions. | 5. Account Funding Complexity: Depositing and withdrawing funds may involve selecting specific banks and following various procedures. |
Everbright Futures offers a range of financial services across various segments to cater to the diverse needs of its clients:
Futures Brokerage Services: Everbright Futures provides comprehensive futures brokerage services, allowing clients to trade a variety of futures contracts. This includes assisting clients in executing their trades, managing their positions, and offering market insights.
Fund Management: Everbright Futures offers fund management services, which encompass both public and private fund options. Clients can access investment opportunities in public mutual funds as well as private equity funds, ensuring a diversified investment portfolio. The firm also provides educational resources through its Fund Academy to help clients make informed investment decisions.
Futures Intermediary Services: This service segment involves facilitating transactions and providing intermediary services for clients engaged in futures trading. It ensures a smooth and efficient process for executing futures contracts and staying updated on the latest market developments through Business Updates and IB Introducing Brokerage Branches.
Options Trading: Everbright Futures offers options trading services, enabling clients to manage their financial risks and enhance their investment strategies. Clients can access resources and educational materials through the Options Academy to gain a deeper understanding of options trading.
Asset Management: Everbright Futures provides asset management services to help clients grow and preserve their wealth. The firm offers investment solutions and regularly communicates “业务公告 (Business Updates)” to keep clients informed about the latest developments in the asset management segment.
Risk Management: Everbright Futures assists clients in identifying and mitigating financial risks associated with their investments. Effective risk management strategies are crucial in maintaining a stable and profitable investment portfolio.
Investment Advisory: The firm offers investment advisory services to provide clients with expert guidance and recommendations on their investment strategies. This service aims to help clients make well-informed decisions and optimize their investment outcomes.
Everbright Futures places a strong emphasis on client education, regulatory compliance, and providing a wide range of financial products and services to support the needs of both individual and institutional investors in the dynamic financial markets.
To open an account with Everbright Futures, individuals and institutional investors can follow specific procedures and requirements based on their category. Here's a breakdown of the account opening process:
For Individual Investors:
Online Account Opening Hours: Everbright Futures accepts online account openings from 9:00 AM to 5:00 PM.
Mobile Account Opening: For mobile account opening, you will need a smartphone with 4G or 5G network connectivity or access to a Wi-Fi network.
Required Documents for Mobile Account Opening:
Valid identification document (e.g., ID card)
Bank card for linking to your trading account
Computer Account Opening: If you choose to open an account on your computer, you will also need the following equipment:
Webcam
Microphone
Headphones
Additional Requirement for Computer Account Opening: You should have a debit card from a bank that supports custody services. If you don't have such a bank card, you'll need to obtain one from an eligible bank.
Trading Permissions: Everbright Futures offers various trading permissions, including options, futures, and financial futures. Some permissions may require special applications. Once you meet the conditions, you can apply for these permissions through the Everbright Futures mobile app.
Eligible Tradable Instruments: Everbright Futures allows trading in a wide range of commodities and options across different exchanges. Depending on your trading permission, you can trade in various futures and options contracts, including those from Dalian Commodity Exchange, Zhengzhou Commodity Exchange, Shanghai Futures Exchange, and more.
Suitability Assessment: You will need to undergo a suitability assessment, which typically requires:
Maintaining a minimum available balance of RMB 100,000 in your trading account for the past five trading days.
Providing records of at least 10 days and 20 transactions (or more) of domestic futures or options simulated trading in the last three years.
Demonstrating knowledge by passing the China Futures Association's basic knowledge test.
Having a clean financial and legal record, free from any significant credibility issues or regulatory restrictions.
For Institutional Investors:
Institutional investors looking to open an account with Everbright Futures should contact the firm's business department and provide the following materials:
Identification documents and authorization for the legal representative, trading instruction provider, fund allocator, and settlement confirmation individual.
The original copy of the business license, which must be the unified three-in-one business license.
A bank account for settlement purposes with any of the bank units designated by Everbright Futures.
Original identification documents for the legal representative, authorized person, trading instruction provider, fund allocator, settlement confirmation individual, and contact person.
The official seal of the organization and the private seal of the legal representative.
Please note that all account opening documentation must adhere to the requirements set by the regulatory authorities and the exchange.
Keep in mind that these requirements may change over time, so it's essential to check with Everbright Futures for the most up-to-date information before starting the account opening process.
To deposit and withdraw funds in your futures or options trading account with Everbright Futures, you can follow these general steps:
Depositing Funds:
Choose a Bank: First, you'll need to select a bank that provides deposit and withdrawal services for futures and options trading. The available banks may vary depending on your location and the specific regulations in place.
Visit the Bank: Go to your chosen bank's branch that offers these services.
Provide Necessary Information: At the bank, you will need to provide the following information:
Your futures or options trading account number.
Your name and identification details.
The amount you wish to deposit into your trading account.
Complete the Transaction: The bank will process your deposit request, and the funds will be transferred from your bank account to your futures or options trading account.
Confirmation: You should receive a confirmation or receipt from the bank indicating the successful deposit. Keep this document for your records.
Online Deposit: In some cases, you may also be able to deposit funds online through your bank's internet banking or mobile banking services. To do this, you'll need to link your futures trading account to your bank account.
Withdrawing Funds:
Request Withdrawal: If you wish to withdraw funds from your futures or options trading account, you can submit a withdrawal request through the Everbright Futures trading platform or by contacting the firm's customer support.
Specify Amount and Destination: When making the withdrawal request, specify the amount you want to withdraw and provide details about where you want the funds to be transferred. This typically includes your bank account information.
Review and Confirm: Carefully review the withdrawal details to ensure accuracy. Once you are satisfied, confirm the withdrawal request.
Processing Time: The processing time for withdrawals may vary depending on the broker and the bank. It usually takes a few business days for the funds to be transferred to your bank account.
Confirmation: After the withdrawal is processed, you should receive confirmation of the transaction.
Check Bank Account: Verify that the withdrawn funds have been successfully credited to your bank account.
It's essential to follow the specific procedures and requirements set by Everbright Futures and the bank you choose for depositing and withdrawing funds. Additionally, make sure you are aware of any fees or charges associated with these transactions, as they may vary depending on the financial institution and the type of account you hold.
Everbright Futures Co., Ltd. (EBF) appears to provide comprehensive customer support services to assist its clients and address their inquiries or concerns. Here is an overview of its customer support services based on the provided information:
Customer Service Hotline: Clients can reach EBF's customer support team through the hotline at 400-700-7979. This hotline likely serves as a primary point of contact for general inquiries, account-related questions, and assistance with various trading and account services.
Company Phone: EBF also provides a general company phone number at 021-80212222. This number may be used for more specific inquiries or to reach various departments within the company.
Complaints Hotline: The dedicated complaints hotline at 400-700-7979 suggests that EBF takes client feedback seriously. Clients can use this hotline to file complaints, report issues, or seek resolution for any concerns they may have about the company's services.
Fax: EBF offers a fax service at 021-80212200. While fax may be less commonly used today, it can still be a means for clients to send documentation or communicate with the company.
Overall, EBF's customer support infrastructure seems to include various contact channels to accommodate client needs. These channels likely serve to provide assistance, address inquiries, handle complaints, and ensure that clients receive timely and responsive support when engaging with the company's services.
Everbright Futures Co., Ltd. (EBF) is a subsidiary of China Everbright Securities and a prominent player in the Chinese futures industry. With a strong reputation for prudent management and regulatory compliance, EBF offers a comprehensive range of financial services, including futures brokerage, fund management, options trading, asset management, risk management, and investment advisory. Headquartered in Shanghai, EBF has a nationwide presence and is committed to providing investors with reliable services. It operates under the regulatory oversight of the China Financial Futures Exchange (CFFEX) to ensure transparency and fairness. Account opening procedures are tailored to individual and institutional investors, and clients can deposit and withdraw funds through authorized banks. EBF's customer support includes hotlines, phone contacts, and a dedicated complaints hotline, offering assistance and addressing client concerns.
In summary, Everbright Futures is a well-established financial institution in China's futures market, emphasizing professionalism, integrity, and value creation while providing diverse financial services to meet the needs of investors.
Q1: How can I open an account with Everbright Futures?
A1: To open an account, individual investors can follow specific procedures, including suitability assessments and document submissions, while institutional investors should contact the company's business department for guidance.
Q2: What services does Everbright Futures offer?
A2: Everbright Futures provides a wide range of services, including futures brokerage, fund management, options trading, asset management, risk management, and investment advisory.
Q3: How can I deposit funds into my trading account?
A3: You can deposit funds by choosing a bank, visiting a branch that offers deposit services, providing your account details, completing the transaction, and receiving confirmation.
Q4: What regulatory oversight does Everbright Futures operate under?
A4: Everbright Futures is subject to regulatory oversight by the China Financial Futures Exchange (CFFEX) to ensure transparency and fairness in the futures market.
Q5: How can I contact Everbright Futures' customer support?
A5: You can reach the customer support team through the hotline at 400-700-7979, the company phone at 021-80212222, the complaints hotline at 400-700-7979, or the provided company address in Shanghai.
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