In futures trading, the buyer or seller needs to submit the delivery declaration within the specified time and pay the corresponding deposit according to the requirements of the exchange to ensure the normal delivery. The submitted delivery declaration needs to be reviewed by the exchange. After the approval, the buyer and the seller need to fulfill the delivery obligations as required. When submitting the delivery declaration, the buyer and the seller must confirm their respective contract positions and funds to avoid problems such as overdue delivery and default.
Delivery declaration is the most critical and important link in futures trading, involving futures prices, the stability of futures market and the interests of investors. The accuracy and timeliness of delivery declaration will affect the actual delivery and settlement of futures contracts, and also directly affect the capital and investment income of buyers and sellers. Therefore, the declaration of delivery must be carried out in strict accordance with the regulations to ensure the smooth delivery process and maintain the normal order of the futures market.