The delivery date of futures is stipulated by the futures exchange, and the delivery date of different futures varieties is different.

The delivery of commodity futures means that you bought a futures contract before. When the contract expires, others deliver the goods and you receive the goods. At this time, you will be ready to pay, because you only paid a part of the deposit when you bought the contract. If you sold the futures contract before, you have to deliver it to someone else now. Out of stock, you have to go to the futures exchange to buy standard warehouse receipts and prepare money.

The delivery of stock index futures refers to the settlement of the expiration of stock index futures contracts. Because stock index futures are cash delivery, it will not involve the delivery of spot (a basket of stocks related to stock index). The final settlement price is based on the arithmetic average price of the last two hours of the underlying index.

Transaction Process-Delivery