Xinhua News Agency, Hong Kong, April 24 (Reporter Zhang Huan) "If customers do not fully understand these contracts or do not have the financial capacity to bear potential losses, they should not open new positions for them." On the 24th, the Hong Kong Securities Regulatory Commission submitted to commodity futures. The brokerage bank has issued a reminder to require the brokerage bank to take precautionary measures to manage the risks associated with buying and selling crude oil futures contracts.
The Chief Executive Officer of the Hong Kong Securities Regulatory Commission, Ou Dali, said that the crude oil market has recently experienced unprecedented fluctuations, which has led to a sharp increase in the risk of trading crude oil-related financial products. Companies should carefully manage these risks and protect the interests of investors.
The Hong Kong Securities Regulatory Commission also reminds management companies of futures exchange-traded funds (ETFs) to remain vigilant in order to manage funds in the best interests of investors in extreme market conditions and to ensure compliance with ethical regulations when providing futures ETF trading services .
In addition, the Hong Kong Securities Regulatory Commission reminds investors that crude oil ETFs and other commodity futures ETFs are derivatives that target investors who understand the risks. Market volatility is strong, and investors may suffer significant losses in a short period of time, so they should exercise caution. . If investors use leverage or margin to buy and sell financial products (such as crude oil futures and options), they may be called back for large margins in a short period of time, or they may be forced to close their positions because the market trend is not conducive to holding positions. Be responsible for the losses beyond the cash deposit margin.
Ou Dali emphasized, "Investors should only buy and sell financial products that they fully understand, not just because the value of the underlying asset falls to a low level."