1. Physical delivery refers to the behavior of the buyers and sellers of futures contracts to close the positions of the expired open contracts by transferring the ownership of the subject matter of the futures contracts in accordance with the rules and procedures formulated by the Exchange when the contracts expire. Commodity futures trading generally adopts the way of physical delivery.
2. Cash delivery refers to the delivery method in which the futures contract is closed at the end of the period, the profit and loss of the open contract is calculated at the settlement price, and the futures contract is finally closed by cash payment. This delivery method is mainly used for financial futures and other futures contracts that cannot be delivered in kind, such as stock index futures contracts. In recent years, some foreign exchanges are also exploring the use of cash delivery for commodity futures trading. China's commodity futures market does not allow cash delivery.
Introduction to the improved functions of transaction version 5.7.5:
1, which supports the business transaction function;
2. Featured business functions-Li Jintian cash management products are newly launched, which are exclusive to securities accounts and can directly realize trading, inquiry and other functions at the client;
3. Open-end fund trading function-customers can open accounts, trade and inquire about funds through the client;
4, lightning order function (transaction login is required)-you can quickly place an order when viewing the market; The specific operation is to double-click (or click pop-up) the lightning command panel in the fifth gear of the market view interface;
5. Multi-account operation-the way of controlling multiple accounts can be changed in the same client interface;
6. Entrusting China-Canada stock selection-right-click on the stock in the fund share interface, and you can choose to add the stock to the custom section;
7. Entrusting function-users can set the buying and selling price at the same time, and the system will automatically entrust when the set price is reached;