Moving a position, also known as moving a position, refers to a transaction that moves an existing position forward or backward. The specific operation mode of futures moving position is to close the position in the near future or in the long term and re-establish the position in the same direction and with the same amount. Due to the continuity of the futures market, the subject matter of different contracts is the same standardized contract. As long as there is enough money, there is theoretically an operation that never closes the position.

Before the expiration of physical delivery or cash delivery, investors can voluntarily decide to buy and sell futures contracts according to market conditions and personal wishes. However, investors (bulls or bears) hold futures contracts without performing reverse operations (selling or buying) with the same delivery month and quantity. This operation is called "holding positions". In the futures operation of gold and other commodities, whether buying or selling, all new positions are called opening positions. After the operator opens a position, he holds a position in his hand, which is called a position. When a member is unable to engage in financial futures brokerage business for some reason, or in the case of merger, division or bankruptcy, the exchange may move the position of the customer to the member if the member applies for moving the position and is approved by the exchange, or if the relevant securities regulatory department requests to move the position. Article 63 stipulates that the application materials submitted by a member must include the statement that the moving member and its customers, the moving member agree to move the warehouse, and the detailed list of positions held by customers who need to move the warehouse. If the moving-in member or the moving-out member is a trading member, it must also submit a statement that the settlement member entrusted by it agrees to move the position.

In the following clauses, it is stipulated that after the application for relocation is approved, the Exchange will inform the members of the agreed relocation date. After the settlement is completed on the agreed relocation date, the Exchange will relocate customers for its members and provide a list of transferred customer positions for confirmation by the transferring members and transferring members. If the transfer-in member or the transfer-out member is a trading member, the list of the transferred customer positions shall also be submitted to its entrusted clearing member for confirmation. The contents of warehouse transfer include the customer's position and the corresponding trading margin. Members shall check the list of transferred customer positions, which shall not be changed once confirmed. In the process of stock index futures trading, when the members are unable to engage in financial futures brokerage business for some reason or in the case of merger, division or bankruptcy, the members apply for moving positions and get the approval of the exchange, or the relevant securities regulatory authorities request moving positions. In commodity futures investment, in order to keep the futures contracts in our hands the most active contracts, we will transfer the contracts in recent months to more active contracts. For example, foreign index funds that only make long positions will always hold these positions after buying commodity futures, mainly by constantly moving their positions to long-term positions.