During the delivery of the futures contract, if the buyer or seller's customer breaches the contract, the futures exchange shall bear the liability for breach of contract on behalf of the futures comp

According to Article 45 of the Provisions of the Supreme People's Court on Several Issues Concerning the Trial of Futures Dispute Cases, during the delivery of futures contracts, if the buyers and sellers default, the futures exchange shall bear the liability for breach of contract on behalf of the futures company, and the futures company shall bear the liability for breach of contract on behalf of the customers.

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