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Is daily debt-free settlement a futures trading system?
Daily debt-free settlement belongs to the futures trading system. The debt-free settlement system of futures day means that after the market closes on each trading day, the exchange will settle the profit and loss, trading margin, handling fees, taxes and other expenses of all contracts according to the settlement price of the day, and implement net transfer of accounts receivable and payable, and correspondingly increase or decrease the settlement reserve of members. Generally speaking, the exchange accounts once a day.