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What is financial futures settlement?
Financial futures settlement refers to the operation that the settlement institution or settlement company of the exchange calculates the gains and losses of financial futures transactions of members and customers, and transfers receivables and payables based on the calculation results.

From the organizational form of futures settlement, there are two main forms in the world: one is a settlement company independent of futures exchanges, such as London Clearing House, which also carries out futures settlement for three futures exchanges in London; The other is the settlement department set up in the exchange, such as the futures exchanges in Japan, the United States and other countries have their own settlement institutions. China's financial futures also take the form of exchange clearing institutions.