Delivery warehouse, also known as designated delivery warehouse, refers to the delivery place designated by the futures exchange for physical delivery of futures contracts. Delivery warehouse is a futures service organization that provides delivery service and generates standard warehouse receipts when futures products enter the physical delivery link.
Conditions of delivery warehouse
General reserve warehouses applying for designated delivery warehouses must meet the following conditions:
1. It has a business license issued by the administrative department for industry and commerce.
2. Fixed assets and registered capital must reach the amount stipulated by the exchange.
3. The financial situation is good. Strong ability to resist risks.
4. Have a good business reputation and perfect warehouse management rules and regulations; There is no record of serious violation of laws and regulations and disqualification of designated delivery warehouse in the past three years.
5. Understand the trading rules and delivery rules of the exchange.