ErisX physically delivered futures contracts are settled and expire at 10am CT on the contract-specified expiry day. The settlement process will run between 10am and 12pm CT (2 hours) on the same day. The final settlement price for each open position will be the same as the original trade price. Member account balances will be updated during this delivery process based upon their positions, i.e. buyers will have their cash balances debited and their crypto balances credited, and vice versa for sellers.