2. The exchange or futures company will review the application materials and check the actual situation of the account, such as whether there are open contracts in the account.
3. If the account is approved, the exchange or futures company will cancel the account and settle the funds and positions in the account. It should be noted that before canceling the account, it is necessary to ensure that all funds and positions in the account have been liquidated, otherwise the smooth cancellation operation may be affected.
4. The exchange or futures company will inform the customer that the account cancellation is successful, and provide relevant settlement documents and supporting materials.