Today, LTG GOLDROCK will share with you what the delivery day is ~
The delivery date is the date of delivery when buying or selling foreign exchange.Those who buy foreign exchange should deliver the country's currency, while those who sell foreign exchange should deliver foreign currencies sold.The qualified delivery date must be the business day of the country of delivery of currency issuance. Even if both parties to the transaction are on holidays, as long as the countries that deliver currencies are business days, they are still qualified delivery days.
The delivery date can be divided into:
The current exchange date usually refers to two business days after the transaction.
The date of delivery , usually refers to the delivery date calculated from the current exchange cutting date month, if this delivery day is a non -fitting delivery day, it will be extended.Month, the convention will not be extended, but it is changed to calculations.
Example: On November 27, 1988 (Sunday), the current exchange date is November 29 (Tuesday); one -month exchange cutting day is December 29 (Thursday);On January 30 (Monday); the three -month exchange cutting day was February 28.
Delivery: The spot commodity commodity by the futures contract seller and the futures contract.Each exchange has specific steps for the delivery of spot goods.Some futures contracts, such as stock index contracts adopt a cash settlement method .
As far as futures contracts are concerned, the delivery date refers to the date when commodity delivery must be carried out.In the transaction of commodity futures , individual investors have no right to keep the position to the final delivery day.Persons will bear it by themselves; only spot companies that are qualified and approved by the exchanges are eligible and approved, can they keep the positions until the final delivery day and enter the delivery procedure, because they have the needs and qualifications of the hedging to preserve.
Delivery date: According to the Chicago Futures Exchange , the delivery date is the third day within the delivery process.The contract buyer settlement company must pay the delivery notice on the delivery date, together with a full guarantee check check to the office of the contract seller settlement company.
And CICC stipulates that the third Friday of each month is the delivery day of stock index futures .A> Generally believes that the market will not have the daily effect of the delivery . From the current trend of 20 days, and the continuous reduction of contract holdings in May, this judgment obviously has its rationality .
