The delivery date of futures is stipulated by the futures exchange, and the delivery date of different futures varieties is different.
The delivery of commodity futures means that you bought a futures contract before. When the contract expires, others deliver the goods and you receive the goods. At this time, you will be ready to pay, because you only paid a part of the deposit when you bought the contract. If you sold the futures contract before, you have to deliver it to someone else now. Out of stock, you have to go to the futures exchange to buy standard warehouse receipts and prepare money.
The delivery of stock index futures refers to the settlement of the expiration of stock index futures contracts. Because stock index futures are cash delivery, it will not involve the delivery of spot (a basket of stocks related to stock index). The final settlement price is based on the arithmetic average price of the last two hours of the underlying index.
Transaction Process-Delivery
Question 2: What is the meaning of delivery? Futures delivery refers to the behavior of the buyers and sellers of futures trading in accordance with the provisions of the exchange to make physical delivery of the expired open contracts held by them and end their futures trading.
Question 3: What does delivery mean in the futures market? I. The 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, and how many lots 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.
Question 4: What does the delivery note mean? Hello, classmate, I'm glad to answer your question!
The word you said belongs to the vocabulary of futures industry. Mastering the vocabulary of futures industry can make you feel at home in the study of futures industry. The translation and meaning of this word are as follows: when delivering futures contracts, it replaces the documents of physical goods.
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Question 5: What does spot crude oil delivery mean? The delivery of stock index futures refers to the settlement of the expiration of stock index futures contracts. Because stock index futures are cash delivery, it will not involve the delivery of spot (a basket of stocks related to stock index). The final settlement price is based on the arithmetic average price of the last two hours of the underlying index.
Transaction Process-Delivery
Question 6: What does delivery mean ~ ~ Don't answer in terms ~ ~ Please help ~ Delivery is the settlement of funds between investors and brokers in the settlement process. Except for B-shares, the securities (A-shares, funds and bonds) listed and traded in Shanghai and Shenzhen stock markets all implement the T+ 1 delivery system. T+ 1 system means that the stocks bought on the same day cannot be sold on the same day, and the funds can only be received and delivered on the next business day of the trading day, and the cash cannot be withdrawn from the account on the same day.
Investors should note that the securities bought by T+ 1 system on the same day cannot be sold on the same day, but the stocks sold on the same day can be bought.
Investors should go through the delivery procedures in time after buying and selling securities, and if they find any doubt, they can ask questions to the securities business department within a certain period of time (usually 3 days). For the losses caused by this, if the evidence is conclusive and the reasons are sufficient, you can completely ask the securities business department to make compensation.
Actual delivery of ownership of the transaction currency by both parties to the transaction.
The concept of delivery comes from futures and is divided into physical delivery and cash delivery.
A delivery note is a document used to record specific delivery transactions.
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.
Cash delivery means that when futures contracts are closed at the end of the period, the profit and loss of open contracts are calculated at the settlement price, and futures contracts are finally settled 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. In recent years, some foreign exchanges are also exploring the use of cash delivery for commodity futures trading. China's commodity futures market does not allow cash delivery.
China's current mode of delivery:
(1) T+ 1 delivery and settlement: refers to the completion of the corresponding fund delivery and securities delivery on the next business day (T+ 1) after a transaction is completed. At present, A shares, fund bonds and bonds in China. Use this method of settlement.
(II) T+3 delivery and settlement: At present, China implements T+3 delivery and settlement for B shares (RMB special stocks).
In order to ensure the smooth delivery of the expired contract, it is required that the customer's trading account must leave enough delivery margin at the time of delivery. Therefore, from the first five trading days of the last trading day, every trading day will rise by 10%.
The customer holds the deposit until the last trading day. This time zone is called the additional period of the delivery bond, which is referred to as the delivery period for short.
Note: Last trading day: it is allowed to enter the last trading day of the delivery month contract, which is stipulated as the last trading day of each natural month.
Question 7: What does the delivery date mean? How much is once in a while? The delivery date of foreign futures indexes sometimes makes great changes in the stock market, because some people hedge and want to buy or sell a lot of stocks.
At present, this business has only started in China in recent years, and it is very small compared with foreign countries.
The reason why many people are talking about this today is because it did fall a lot in early trading, but it was all caused by psychological panic.
Question 8: What does the delivery note mean? Delivery is the settlement of funds between investors and securities companies in the settlement process. Except for B-shares, the securities (A-shares, funds and bonds) listed and traded in Shanghai and Shenzhen stock markets all implement the T+ 1 delivery system. T+ 1 system means that the stocks bought on the same day cannot be sold on the same day, and the funds can only be received and delivered on the next business day of the trading day, and the cash cannot be withdrawn from the account on the same day.
Question 9: What do delivery and settlement mean respectively? Delivery and settlement In the process of securities trading, when the buyer and seller reach a transaction, they should perform the contract within the pre-agreed time according to the results of securities liquidation. The buyer needs to pay a certain amount of money to obtain the purchased securities, and the seller needs to pay a certain amount of securities to obtain the corresponding price. In this process of clearing money and goods, the receipt and payment of securities is called delivery, and the receipt and payment of funds is called delivery.
In the process of securities trading, the buyer and the seller shall perform the contract within the agreed time after reaching a transaction. The buyer needs to pay a certain amount of money to obtain the purchased securities, and the seller needs to pay a certain amount of securities to obtain the corresponding price. This process of clearing Qian Qing goods is called delivery.