Futures delivery refers to the process that both parties to the transaction settle the open contract by transferring the ownership of the goods contained in the futures contract according to the provisions of the contract and rules. Simply put, after the futures contract expires, the open buyer pays for the goods and obtains the corresponding goods, and the open seller delivers the corresponding goods and issues a VAT invoice.

Can futures be sold on the day of purchase?

Yes, futures can be sold on the day of purchase, because futures are T+0 transactions, and they can be bought and sold at any time during trading hours after successful purchase. The advantage of T+0 trading is that when investors find problems after buying, they can sell them in time, thus achieving the effect of taking profit and stopping loss in time.