Short selling and delivery futures are not the same concept. Futures delivery means that after the futures contract expires, both parties to the transaction know the unexpired contract at the place designated by the exchange through the transfer of physical objects and ownership according to the number of warehouse receipts. The liquidation requirements of each contract are different, and some details are different. The following is an overview of the delivery process:

Cash delivery: on the expiration date of the contract, the exchange will calculate the profit and loss of the transaction price of both parties compared with the settlement price on the expiration date, and settle the profit and loss to the corresponding party for new delivery.

Physical delivery: the buyer handles the corresponding goods according to the quality and quantity, and the buyer's exchange delivers the corresponding payment, such as shorting soybeans. Before delivery, you should take your soybean spot to the warehouse to register the warehouse receipt, and then hand over the warehouse receipt directly and collect money at a short price. Generally, the physical delivery of each product has a process, and different products have different requirements. Investors can go to Qihoo Exchange to see the physical delivery methods of various products.