The members conduct delivery settlement with the Exchange on behalf their clients.
DCE processes the payment of goods and transfers the warehouse receipts' ownship.
In case there is a delivery default, the delivery may shall terminate between the buyer and seller and the Exchange will initiate the delivery default.
Settlement and purchase of foreign exchanges
Circular of the State Administration of Foreign Exchange on Foreign Exchange Administration for Overseas Traders and Brokers engaging in Futures Trading under specific Domestic Categories.(Reference number, Huifa No.35 )
Published by State Administration of Foreign EXchange (SAFE).