Excuse me, if I want to open a three-month cathode copper futures contract, it is purely for hedging. So does the exchange need my spot standard warehouse receipt?
At present, most accounts are opened by speculators, and there are many restrictions on opening a set of policyholders. Therefore, generally speaking, futures companies are run by speculators, but speculators can also deliver, but only enterprises that enter the delivery month are eligible for delivery. Individual families cannot deliver. If you open an account with business license and other materials, you should need it after the delivery month.