The settlement of futures trading shall be organized by the futures exchange. The futures exchange implements the daily debt-free settlement system, also known as daily mark-to-market, that is, after the daily trading, the accounts receivable are transferred at the same time, and the member settlement reserve is increased or decreased accordingly.
The settlement of futures exchanges shall be graded, that is, clearing members of exchanges and clearing clients of futures brokerage companies. The futures exchange shall notify the members of the settlement results in a timely manner after the settlement of the transactions on the same day. A futures brokerage company shall settle accounts with customers according to the settlement results of the futures exchange, and notify customers of the settlement results in time. If the margin of a member (or customer) is insufficient at the time of settlement, the exchange (or futures brokerage company) shall immediately issue a notice of recovering the margin to the member (or customer), and the member (or customer) shall add the margin to the exchange (or futures brokerage company) within the specified time.