Dear WEEXers:
The following text is about automatic margin call.
When the fair mark price is about to reach the estimated liquidation price of the position, the available funds in your account will first be transferred to the position’s margin. This function is only available in isolated margin mode.
Introduction to the automatic margin call feature
Once the automatic margin call is enabled, and the fair mark price is about to reach the estimated liquidation price of the position, the system will prioritize transferring the available funds in your futures account to the position’s margin. This ensures that the actual margin ratio aligns with the margin rate set when the user selected the leverage level. If the available funds in the futures account are less than the full amount required for additional position 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 feature 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 feature.
Among them, the actual margin rate = (position margin + unrealized PnL)÷position value
Note:
The automatic margin call feature 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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WEEX Team
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