Current location - Trademark Inquiry Complete Network - Futures platform - Business-to-business payments are returned, does the receiving bank have transaction details?
Business-to-business payments are returned, does the receiving bank have transaction details?

Yes

Transaction records refer to written records of relevant information on transactions concluded on futures exchanges.

In addition to recording the name, month, price and quantity of the trading contract, the transaction record must also record the number of the counterparty’s broker and its clearing member. The name of the customer who originally entrusted the broker to place the order is not required. Register. Once the transaction record is completed, it is quickly transmitted to the clearing house by the broker and the floor runner. The clearing house checks and confirms the transaction and settles the profit and loss results. The transaction price is immediately released on and off-site by the clearing house to complete the price reporting process.