Because the risk reserve of a futures company is in line with the liquidity obligation of the company that leads to the outflow of economic benefits due to the expected liabilities, the risk reserve is a liability.

Liabilities refer to the current obligations formed by past transactions or events of an enterprise, which are expected to lead to the outflow of economic benefits from the enterprise. Debt is essentially an economic debt that an enterprise must repay after a certain period of time. Its repayment period or specific amount has been stipulated and restricted by the contract and articles of association when it occurs or is established, and it is an obligation that an enterprise must perform.

Risk reserve refers to the funds set up by the exchange to maintain the normal operation of the futures market and make up for the losses caused by unforeseeable risks of the exchange.