1. Futures delivery refers to the process that when a futures contract expires, both parties to the transaction settle the expired open contract by transferring the ownership of the goods contained in the futures contract.

2. Delivery methods include cash delivery and physical delivery: cash delivery refers to the expiration date of the contract, accounting for the profit and loss of the difference between the buying and selling price and the settlement price on the expiration date, and clearing the profit and loss to the corresponding party respectively, and the period does not involve the physical delivery of the target.

3. Physical delivery refers to the expiration date of the contract, when the seller delivers the corresponding commodities to the delivery warehouse designated by the exchange according to the quality and quantity, and the buyer delivers the corresponding funds to the exchange to fulfill the futures contract.

4. General financial securities and futures contracts are mainly cash transactions, and commodity futures contracts are mainly physical delivery.