The delivery date refers to the last trading day of the futures contract and the deadline for futures trading. Before the delivery date, the buyer and the seller must complete the futures trading, the buyer must pay for the goods, and the seller must provide the goods or services.
In futures trading, the delivery date is an extremely important date, because it determines whether buyers and sellers can successfully complete the transaction. If the buyer fails to pay the payment before the delivery date, or the seller fails to provide goods or services, then the futures trading will fail and neither the buyer nor the seller will get any benefits.
The delivery date can also refer to the last trading day of option trading. Option is a financial derivative, which allows the buyer to buy or sell an asset at a certain price before the last trading day of option trading. On the last trading day of option trading, the buyer and the seller must complete the transaction, the buyer must pay the purchase price, and the seller must provide the assets.
The delivery date can also refer to the last date for investors to purchase funds. Funds are financial instruments for investors to invest, and the price of funds depends on investors' investment behavior. When investors buy funds, they must complete the transaction before the delivery date to ensure that investors can get the maximum benefits.
In short, the delivery date refers to the last trading day in commodity futures or options trading. The buyer and the seller must complete the transaction before the delivery date to ensure that the buyer can pay for the goods and the seller can provide the goods or services, so as to realize the success of futures or options trading. In addition, the delivery date can also refer to the last date for investors to purchase funds, and investors must complete the transaction before the delivery date in order to obtain the maximum income.