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I'm curious, could you possibly explain the circumstances surrounding the withdrawal from a futures contract? It's a topic that's been piquing my interest lately, and I'd appreciate your insights. Do futures contracts have a specific clause that allows for withdrawal? Or, are there certain conditions that need to be met for such a withdrawal to be valid? Additionally, what are the potential consequences or penalties associated with backing out of a futures contract? Your detailed explanation would be greatly appreciated.
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