bonded futures delivery refers to the process in which futures delivery is performed using the commodity stated in futures contract, which is under bonded supervision within the customs special supervision area or the bonded supervision premises, as the underlying products for delivery. indeed, no changes in transaction and settlement procedures took place after introduction of bonded delivery. the only exception is the addition of new standard bonded warrant to the delivery process, and the addition of bonded delivery.
bonded futures delivery business consists of generation of standard bonded warrant and delivery of standard bonded warrant, which mainly involves the pilot implementing rules on bonded delivery.
