1. What is the futures delivery fee?
Before we know what it means to waive the futures delivery fee, we must first know the meaning of the term futures delivery fee. In fact, as the name implies, the futures delivery fee refers to the cost of physical delivery when the futures expire. There is no way for an investor who opens an account in his own name to deliver futures, so there is no delivery fee. So if you want to trade futures, you must open an account as a legal person and pay the futures company when trading. However, if the futures are closed on the trading day, then there is no need to pay the delivery fee, only the handling fee, which is also a compensation for investors by the futures company.
2. What does it mean to waive the futures delivery fee?
In fact, this meaning is also very easy to understand. After all, when futures are traded, if there is a charge, then many people don't want to trade futures and hold them in their own hands. Therefore, in order to stimulate investors to trade, futures companies will waive the futures delivery fee, so more people will want to trade futures and promote the flow of the market. This is also a marketing method. After all, if futures are not traded, the market will not circulate, and investors will not want to invest in futures. In fact, this is the same as the circulation of money in the market. The faster the circulation, the more developed the market economy. This principle also applies to the futures market.
Third, summary.
Generally speaking, exempting the futures delivery fee is also beneficial to the investor, because he can trade at will without paying the futures company. In this way, the futures market will circulate, making the whole market look more prosperous and attracting more investors.