Qiangmai futures is a variety of Zhengshang Institute, which adopts three-day delivery method. Delivery is the last process of futures trading, and both buyers and sellers have the willingness to deliver to reach delivery. In fact, general futures trading will not enter the delivery link.

The delivery process is actually the process in which the buyer pays for the goods and the seller issues an invoice for the goods.

The so-called three-day delivery process of Zhengzhou Commodity Futures Exchange refers to.

The first day is the matching day: after the buyers and sellers submit their delivery intentions through their own brokerage companies, the exchange will match them.

The next day is the notification day: the exchange informs the buyers and sellers of the matching results through the futures company.

The third day is the delivery day: the buyer needs to pay the full amount on this day. The seller needs to deliver the registered warehouse receipt to the buyer through the futures company on this day.

In fact, before these three days, buyers and sellers still need to complete a lot of work. For example, the buyer is approaching the delivery month and needs to make up the money and increase the deposit. The seller needs to register the warehouse receipt, pull the goods into the delivery warehouse, conduct inspection and generate a standardized warehouse receipt. These tasks will start from the delivery month.

For more information, please go to Zhengzhou Commodity Exchange.