The positions held by natural persons in Shanghai Futures Exchange shall be liquidated three working days in advance on the last trading day (there is a limit on the number of lots after delivery, such as an integer multiple of five lots for copper, aluminum, zinc and lead futures); Dalian Commodity Exchange and Zhengzhou Commodity Exchange should clear their positions before the delivery month. If you don't close your position in time at the deadline and don't correct it in time after being reminded by the futures company, you will still be forced to close your position by the exchange, and the profits will be owned by the exchange and the losses will be borne by yourself.

Extended data:

Take 1705 contract as an example to clear the position:

Shanghai Futures Exchange:

Before the close of trading on May 5th (the 5th trading day in May), the position of natural person futures contract 1705 should be adjusted to 0 lots, but in May, attention should be paid to meeting the requirements for the number of lots of different kinds of futures.

Dalian Commodity Exchange:

Before the closing of April 29th, the position of natural person futures contract 1705 should be adjusted to 0 lots.

Zhengzhou Commodity Exchange:

Before the closing of April 29th, the position of natural person futures contract 1705 should be adjusted to 0 lots.

As the natural person investor is not qualified for delivery and has no delivery seat, he cannot close his position in the delivery month and cannot achieve delivery, and he needs to pay liquidated damages, and the amount is not low. In order to avoid the risk of default, natural person customers still close their positions one month in advance.

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