Dear WEEXers,
The following text is about Automatic margin call
When the fair mark price is nearing the estimated liquidation price of your position, available funds in your account will automatically be allocated to the position’s margin. This feature is only applicable in isolated margin mode
Automatic margin call function introduction
When the Automatic Margin Call function is enabled, and the fair mark price approaches the estimated liquidation price of your position, the system will automatically prioritize transferring available funds from your futures account to the position's margin. This adjustment ensures that the actual margin ratio aligns with the margin ratio initially set by the user when choosing the leverage. If the available funds in the futures account are less than the full amount needed for additional margin, all available funds will be added to the position margin. If the liquidation condition is met again, the position will be forced to reduce or liquidate.
This function will be reset when the positions for which automatic margin call has been opened are cleared (all positions are closed). You need to reopen it after the next open order before you can continue to use this function.
Among them, the actual margin rate = (position margin + unrealized P÷L)÷position value
Attention:
The automatic margin call function will reduce your probability of being liquidated, but in extreme cases it may lead to the loss of all available funds in your futures account.
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