1. Information required for personal account opening process:
A. On site account opening: Company address -10th floor, Kam Shing Building, 255-257 Des Voeux Road Central, Sheung Wan, Hong Kong. Fax: (852) 2885 2907. Email: dealing@longrun.com.hk
B. Online account opening: refer to the detailed information of personal online account opening in the business hall account opening hall. During the account opening process, it is necessary to upload your ID card, passport/Hong Kong/Macau travel permit, proof of address within 3 months, and bank statement.
C. Institution account opening: For details, please contact the staff. Or refer to the detailed information of opening an institutional account in the business hall account opening hall.
D. Account Opening Guide:For details, please refer to the click file
1. Deposit and withdrawal process
Deposit process: Customers can choose to transfer funds securely from their personal bank account to Langrun Financial’s customer specific account through online banking or in person at the bank counter. After the transfer is completed, the customer needs to send us the receipt issued by the bank or the detailed information of the online banking transfer (including the customer’s name, the bank account used for the transfer, the actual transfer amount, and other necessary information) by fax or email. We will promptly check and process your transfer information.
Customers can refer to the following information for deposit or refer to the details of the deposit account file in the business hall:
Withdrawal process:
Customers need to fill out the “Customer Fund Withdrawal Form” and submit it to our company via fax or email to apply for withdrawal. When the account ensures sufficient funds, our company will arrange for the transfer to the customer’s own bank account. Applications submitted before 14:00 on weekdays will be processed on the same day; 14: Applications submitted after midnight will be processed the next day. The form can be downloaded from “Business Hall – Common Forms”.
The specific contact information is as follows:
Fax number: (852) 2885 2907
E-mail dealing@longrun.com.hk
2. Is it possible to deposit funds using a mainland bank account?
According to the requirements of the Hong Kong Securities and Futures Commission, clients must deposit funds into their qualified overseas bank accounts.
3. Is it possible to deposit funds in multiple currencies?
Customers can choose any mainstream currency for deposit, and the type of deposit does not affect the products they want to trade. Customers who choose to deposit in Hong Kong dollars can trade products settled in US dollars normally.
4. Is there a fee charged for deposit and withdrawal
The company will not charge any fees during the normal deposit and withdrawal process. Banks may charge interbank transfer fees, please consult the relevant bank for the fee schedule.
1. Strong flat standard
If the equity of the account is lower than our initial margin requirement, additional margin needs to be added. When the client’s equity falls below 50% of the margin standard, it will be forcibly liquidated. If a customer settles for 3 consecutive days and fails to deposit or reduce their position in a timely manner, and the market is unfavorable, the company will forcibly level the customer’s futures account to no longer be covered before the close of the third coverage day.
2. Currency display
After the customer’s deposit is completed, they can log in to their futures account to view it. The account balance will be displayed in base US dollars. If you need to view the amount in different currencies, you can select the currency symbol to view it. Like regular Hong Kong dollars (Other HKD) or regular US dollars (Other USD)
3. Is there an overnight financing fee charged?
4. Whether to charge delivery fees:
If the physical delivery product is not closed by the customer before expiration, it will enter the delivery stage, and any expenses incurred during the delivery process will be borne by the customer themselves.
5. How is the price of US Treasury bonds displayed?
US treasury bond bond futures are quoted by points, for example, for five-year US bond contracts, each contract is 1/4 of 1 point 1/32. For example, 119’160 represents 119+16/32119’162 represents 119+16.25/32119’165 represents 119+16.5/32, and 119’167 represents 119+16.75/32. The face value is based on 100 points.
6. What does’ empty exchange ‘or’ multiple exchanges’ mean?
Duochang refers to the turnover of long positions, where a trader who previously held a long position sells and closes the position, while a new long position buys and opens the position. The total amount of long positions in the market has not changed, but the position structure has changed. Short swap refers to the exchange of short positions, where the trader who originally held a short position buys and closes the position, while a new short position sells and opens the position. The total amount of short positions in the market remains unchanged, but the position structure also changes.
1. Where can I download trading software?
The trading software used by Langrun Financial Group is Langrun Yisheng Jixing. The software download can be found at the business hall – Software Download.
2. How to use trading software?
Details can be found in the Investment Education Manual – Trading Software User Manual (attached are two PDF files)
3. How to view market trends on trading software?
The market price of Yixing software needs to be purchased separately. Please refer to the Market Purchase Manual (attached as a PDF file) for the specific purchasing process
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Dealing Hotline- 24h Services
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