On the delivery date of futures, the positions are closed and sold to the spot enterprises that have applied for hedging qualification from the exchange and obtained the approval.

Commodity variety: The exchange does not allow natural person customers to participate in the delivery of commodity varieties, so it is necessary to pay attention to closing positions in advance, and the futures company will notify customers who fail to close positions in time in advance. Illegal positions will be leveled by the exchange, the Shanghai Stock Exchange will confiscate the leveled profits, and the losses will be borne by itself;

Financial products: natural persons can participate in the delivery of stock indexes and treasury bonds futures, but there are requirements on handling fees and auditing.