1. In futures, the technical term of "futures reserve" is risk reserve.

2. Concept: Risk reserve refers to the funds set up by the exchange to provide financial guarantee for maintaining the normal operation of the futures market and make up for the losses caused by unforeseeable risks of the exchange.

3. Importance:

(1) Provide financial guarantee for maintaining the normal operation of the futures market.

(2) make up for the losses caused by unforeseen risks.

4. The sources of risk reserve include:

(1) The Exchange collects 20% of the transaction fee income (including preferential relief for members) from the management fee;

(two) other income that meets the requirements of the national financial policy.