As far as futures contracts are concerned, the delivery date refers to the latest date of commodity delivery. In commodity futures trading, individual investors have no right to hold positions before the final delivery date. If you don't close your position by yourself, your position will be forcibly closed by the exchange, and all the consequences will be borne by the investors themselves. Only the spot enterprises that have applied to the exchange for hedging qualification and obtained approval can hold their positions until the final delivery date and enter the delivery procedure, because they have hedging needs and qualifications.

The trading hours of stock index futures are 9:15-11:30 am. The afternoon is 1: 00-3: 15. The delivery date is the third Friday of the contract expiration month, and the futures accounts of large domestic futures companies are free.