Current location - Trademark Inquiry Complete Network - Futures platform - The functions of the futures settlement department are as follows
The functions of the futures settlement department are as follows
Calculate the profit and loss of the transaction and ensure the performance of the transaction.

1. Calculate the trading profit and loss: after the futures trader completes the trading, all the trading information will be summarized to the settlement department of the exchange, and the settlement department will make settlement on the basis of verification.

2. Performance of secured transactions: the settlement department of the exchange plays a third-party role for all futures contract traders, that is, the settlement department is the buyer for each seller member and the seller for each buyer member.