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What are the rules for forced liquidation of precious metal transactions in Minsheng Bank accounts?
Principles for forced liquidation of precious metal deferred transactions of Minsheng Bank:
When our bank implements forced liquidation of your position account, it will be based on your corresponding position price, position quantity, floating loss and market conditions. Depending on the fluctuation situation, choose the appropriate forced liquidation quantity and entrustment price, so that you can close as few positions as possible at a better market price. However, our bank reserves the right to forcibly liquidate all your positions in each contract at the price limit acceptable to the market at any time when the total of your available online banking funds and entrusted frozen funds is less than or equal to zero.
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