Dear WEEXer,
Read on to learn how to quickly open and close positions at market price.
Users can quickly open and close positions at market price when they set the quantity (number of contracts) of a position to open or close.
The system will immediately place an order at the most easily traded price available when the user places opens or closes a position at market price. If the order is not executed or not fully executed, the system will use the trailing mechanism and place the order again at a price that is easy to execute at a certain interval. If the order cannot be fully executed after several attempts, the order will be terminated and canceled.
In other words, multiple transaction records may appear in the transaction details with different prices when a position is opened or closed at market price. It is also possible that the quantity of orders set by the user to be opened or closed would not be fully executed after multiple transactions, and the transaction subsequently terminated.
Note: When the reasonable mark price reaches the estimated liquidation price of the position, the transaction will also be terminated and the liquidation bot will be run first.
Thank you for supporting WEEX!
The WEEX Team
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