Will BTC delivery close out automatically

1. The next week contract and the quarter contract will participate in the settlement. After the settlement, the profit and loss will be recalculated according to the settlement benchmark price. After the settlement, the profit part can be transferred out; If the user closes the position before settlement, all the margin and realized profit and loss required for opening the position after settlement can be transferred out of the virtual contract account.

2. By the time of delivery, the system will take the arithmetic mean value of BTC (LTC and other currencies) dollar index in the latest hour as the delivery price to close out all open contracts in the current week. The profit and loss after closing the position shall be added to the realized profit and loss.

3.

margin ratio and handling charge are stipulated by the exchange, but different futures companies add different amount on the exchange

our company adds the least amount: margin + 0, handling charge only 0.01 0

4. When the futures contract is e, the indivial must close the position, and the unfair situation will be forced to be settled by the exchange. If the legal person account can deliver, it will be forced to be settled even if it is not delivered

futures contract refers to the standardized contract formulated by the futures exchange to deliver a certain quantity and quality of physical goods or financial goods at a specific time and place in the future

futures contract is a standardized contract designed by the exchange and approved by the national regulatory authorities. The holder of a futures contract may perform or discharge his contractual obligations by clearing the spot or concting hedging transactions

futures contract is the object of futures trading, and it is through trading futures contract in futures exchange that futures trading participants transfer price risk and obtain risk return. Futures contracts are developed on the basis of spot contracts and spot forward contracts, but the most essential difference between them lies in the
standardization of futures contract terms

for futures contracts traded in the futures market, the quantity, quality grade, delivery grade of the subject matter, the premium standard of substitutes, delivery place, delivery month and other terms are standardized, which makes the futures contract universal. In the futures contract, only the futures price is the only variable, so the open bidding is proced in the trading

the expiration time of futures contract is the last trading day of futures, which refers to the last deadline for futures contract to stop trading. Each futures contract has a certain month limit. When it comes to a certain date in the contract month, it is necessary to stop trading and prepare for physical delivery. For example, the Chicago Futures Exchange stipulates that the last trading day of corn, soybean, soybean meal, soybean oil and wheat futures is the seventh business day of the last business day in the delivery month

when the futures contract is e, indivials have to close their positions, and the unfair situation will be forced to be settled by the exchange. If the legal person account can deliver, it will be forced to be settled even if it is not delivered.

5. Do we have both long and short positions at the same time? It should be.

6. I think: first of all, the margin will be increased continuously. In the last month, it may reach 40-50% of the value of the warehouse receipt. If you are short of funds, you will be forced to close some of your positions, and you will be forced to close your positions on the delivery date. Therefore, the futures contract time will automatically close out.

7. Generally speaking, there are two possibilities for forced closing positions. The first is that when the delivery month is e, you will be forced to close positions if you are not registered as a legal person and your position is to reach the delivery quantity. The other is that your account is short of funds. Futures are settled daily, and there is no liability settlement system for daily profit and loss, When you settle accounts every day, when your account funds can not make up for the losses of that day, you will be forced to close positions. If neither of the two is true, then you have to call to ask. This record may be useful in the future.

8. Commodity futures will have a delivery date limit based on the term of your contract. There is no delivery month limit for foreign exchange futures. As long as you have enough money available to withstand the risk of market volatility. The foreign exchange you hold will not be forced to close by the exchange. There is no limit to the time of holding.

9. Gold trading will automatically close its position after the stop loss and profit point is set, so as to protect profits or avoid greater losses
there is also a situation of forced position closing. Generally, when the proportion of advance payment is less than 50% - 70%, the system will force position closing. Compulsory position closing is not equal to position bursting, but can continue trading.

10.

The futures contract is close to the delivery month. If you have not closed your position, the futures company will inform you. If you are unfair, the futures company will give you a strong balance on the last trading day of the month before the delivery month

in the process of trading, the futures exchange shall take compulsory position closing measures according to the regulations, and the losses incurred shall be borne by the members or customers. The realized profit of closing position, such as the compulsory closing position of futures exchange e to member or customer violation

the non operating income of the futures exchange will not be transferred to the members or customers who violate the rules; If the position is forced to close e to the change of national policy and the continuous rise and fall of the limit board, it shall be assigned to members or customers

extended data:

there are many reasons for forced position closing in futures trading, such as customers' failure to add trading margin in time, violation of trading position restrictions and other violations, and temporary changes in policies or trading rules

in the standard futures market, the most common one is forced position closing e to insufficient margin. Specifically, it refers to the insufficient trading margin required in the customer's position contract

When the futures company fails to timely add corresponding margin or actively rece its position according to the notice of the futures company, and the market is still developing in the direction of unfavorable position, the futures company forcibly balances part or all of the customer's position in order to avoid the loss expansion, and fills the margin gap with the obtained funds