If you are an individual investor, you don't need to consider delivery. Only enterprises and legal persons can deliver.

Spot settlement problem

Those who meet the delivery conditions can apply for delivery! Specific operations can ask the market customer service!

If the delivery conditions are not enough, you have to close your position! If you are unfair, the system will be fair according to the intraday price!

What does delayed delivery of T+D gold mean?

T+D is a kind of gold deferred trading in Shanghai Gold Exchange. It refers to the trading behavior of buying and selling gold at real-time price without delivery on the same day, but postponing physical delivery to any working day after the second working day (only part of the money needs to be paid when trading, and all the money needs to be settled when physical delivery).

What do the transaction service fees and settlement service fees in the spot mean?

You should be a novice, and you should be talking about transaction fees. If you have started the operation now, you should have a certain understanding of this piece. Investors' participation in trading will generate transaction fees (uniformly deducted by the market), and the transaction fees charged will be different according to the different trading platforms they participate in! Here's the thing: When you place an order, you unilaterally deduct the handling fee for each batch of 0.5 yuan. When you transfer and sell at a certain price, you need to deduct the handling fee for each batch of 0.5 yuan, which is 1 yuan (1 spread) when you enter and leave here. As you said, placing an order is 10 yuan (unilateral purchase).

How to realize physical delivery of electronic spot?

The electronic spot of Bohai Commodity Exchange is declared for delivery at 4: 00-4: 15 every trading day (except for thermal coal, it is delivered within a day). After the successful application for delivery and matching, the spot can be withdrawn.

Note: 1. The distributor who declares delivery must be an enterprise legal person registered by the administrative department for industry and commerce, and have the business qualification to declare delivery of goods and related production, operation and consumption activities;

2. Traders who declare delivery must hold electronic trading contracts for corresponding commodities.

3. The declared delivery amount shall be based on the minimum delivery amount and the minimum delivery unit of each listed commodity, and shall be declared as an integer multiple of the minimum delivery unit.

Futures trading, the explanation in the book is that "in most cases, physical delivery is not carried out, but reverse trading is carried out before the contract expires." What is this?

Futures trading. The subject matter of the transaction is a standardized sales contract, that is, a contract. Not in kind. General traders do not make physical delivery. For example, you buy 1 multi-hand rebar 1605. Before the delivery date, the choice of hedging liquidation is equivalent to opening another empty order; Cancel each other. No need to pay the full amount, that is, 10 ton of rebar; Receiving goods at the same time.

What are physical delivery and cash delivery?

There are two ways of futures delivery: physical delivery and cash delivery.

Cash delivery refers to the delivery method of calculating the profit and loss of the open futures contract at the settlement price when the open futures contract is delivered, and finally settling the futures contract by cash payment. This delivery method is mainly used for financial futures and other futures contracts that cannot be delivered in kind, such as stock index futures contracts. Some foreign exchanges are also exploring cash delivery of commodity futures. China's commodity futures market does not allow cash delivery. (Stock index futures have been listed and can be delivered on the spot)

Take Hong Kong Hang Seng Index Futures as an example. Suppose an investor sells the Hang Seng Index futures contract for delivery in February at the price of 1 1 000 on June 5438+0 0, and has not closed his position on the last trading day of June 5438+02. If the final settlement price of the contract is 65,438+00,000 points, the profit of the investor at the time of delivery: (65,438+065,438+0000-65,438+00000) x50 = 50,000 Hong Kong dollars (excluding handling fees).

Physical delivery refers to the behavior of the buyers and sellers of futures contracts to close the positions of the expired open contracts by transferring the ownership of the subject matter of futures contracts in accordance with the rules and procedures formulated by the exchange. Commodity futures trading generally adopts the way of physical delivery. After entering the delivery period, the seller submits the standard warehouse receipt, and the buyer submits the full amount, and goes through the delivery formalities at the exchange.

Physical delivery is an institutional guarantee to promote the convergence of futures prices and spot prices. When the futures price seriously deviates from the spot price due to excessive speculation, traders will arbitrage between the futures and spot markets. When the futures price is too high and the spot price is too low, traders sell futures contracts in the futures market and buy goods in the spot market. In this way, the spot demand increases, the spot price rises, the supply of futures contracts increases, the futures price drops, and the spot price difference narrows; When the futures price is too low and the spot price is too high, traders buy futures contracts in the futures market and sell goods in the spot market. In this way, futures demand increases, futures prices rise, spot supply increases, and spot prices fall, making spot spreads tend to be normal.

Futures contracts do not carry out physical delivery, but reverse trading and liquidation before the contract expires.

It's all an opponent's proposal. You have a contract to buy, others must have a contract to sell.

It's set, you sell the buy contract, that is, close the position.

Physical delivery process of silver in South Exchange

The price of precious metals cannot be guessed at will like precious metal investment banks. Blind investment in silver is not recommended. Caution is necessary when investing in risky business. All major banks have consultation, and it is not recommended to be cheated. Despise financial advertisements

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What does delivery mean in the futures market?

I. Concept of delivery

There are generally two ways to close positions in commodity futures trading (namely, closing positions). One is hedging liquidation; The second is physical delivery. The direct object of futures trading is futures contracts, that is, how many hands or contracts are bought or sold.

Physical delivery is to fulfill the responsibility of futures trading through physical delivery. Therefore, futures delivery refers to the behavior of buyers and sellers of futures trading to make physical delivery of their respective expired open contracts in accordance with the provisions of the exchange when the contracts expire and end their futures trading.

Two. The role of delivery

Although physical delivery accounts for a small proportion in the whole futures contract, it is physical delivery and this potential that make the changes of futures prices synchronized with the changes of related spot prices, and gradually approach with the approach of contract expiration date. As far as its nature is concerned, physical delivery is a kind of spot trading behavior, but physical delivery in futures trading is the continuation of futures trading, which is at the junction of futures market and spot market and is the bridge and link between futures market and spot market. Therefore, the physical delivery in futures trading is the basis of the existence of the futures market and the fundamental premise for the two major economic functions of the futures market to play.

The purpose of general futures trading is not to obtain the due physical objects, but the purpose of hedgers is to transfer the price wind in the spot market through futures trading.

Risk, the purpose of investors is to obtain risk profits from price fluctuations in the futures market.

Ww ding. Qihuo 8/ school, which has a lot of knowledge about futures.