Comprehensive part

Futures exchange member futures trading futures contract

Trading seats in the trading hall represent delivery and settlement.

Approval system of hedging benchmark hedging position for off-site transactions

Real-time information, daily information and insider information of futures inspection.

An inner circle

Transaction part

Short selling futures discount and futures premium are positive for the market.

Reverse market positions and cut positions in a bull market.

Opening and closing of bear market options

Minimum change price of position limit matching transaction

The daily maximum price fluctuation limits the trading price of futures contracts on the last trading day of the delivery month.

Opening price, closing price and settlement price limit of the day

Transaction price highest price lowest price latest price

Up and down, the highest purchase price, the lowest selling price, and the applied purchase quantity.

Apply for orders with limited sales, turnover and positions.

The instruction to cancel the opening price of new listed contracts in call auction and call auction based on the principle of maximum transaction.

The average position in the direction of net position profit and loss of contract unit with transaction code forced lightening.

Risk early warning system, compulsory liquidation system, large household reporting system.

Delivery part

Physical delivery, centralized delivery and rolling delivery from futures to spot.

Standard warehouse receipt specifies delivery warehouse delivery default rolling delivery matching date delivery settlement price

On the last trading day, centralized delivery settlement price standard warehouse receipt registration application form and standard warehouse receipt holding certificate standard warehouse receipt circulation.

Standard warehouse receipt cancels quality difference, price increases, last delivery date matches date.

Delivery forecast delivery date delivery level storage loss fee

Standard warehouse receipt for soybean procurement and competitive sales

Settlement part

Margin settlement bank settlement reserve

Daily debt-free settlement system for trading margin, additional margin and floating profit and loss

Special settlement account for profit and loss delivery difference on the day of risk reserve.

Warehouse receipt offset of special fund account