Joke Collection Website - Public benefit messages - On forced liquidation in AU T+D

On forced liquidation in AU T+D

Let me give an example of ICBC:

At present, the price of AU(T+D) is 296 yuan/gram, and the first-hand transaction requires a deposit of 296 *1000 *15% = 44,400 yuan.

Your client's initial capital is 50W. 10 deal. * * * The deposit is 444,000 yuan, and the available funds (excluding handling fees) are 56,000 yuan. For example, today, gold fell to (296-5.6 yuan) 290.4 yuan, and customers lost 56,000 yuan. At this time (ICBC should inform the customer to add the margin before), if the customer does not add the margin (note: your available funds are already 0 at this time), for example, the price is still fluctuating in 3 yuan, then your available funds will have a floating loss of-3 *1000 */kloc-0 =-30,000 yuan. Suppose today's settlement price is 296-5.6-30,000 yuan. Let's assume that the price will be suspended until the market opens at 9: 00 tomorrow morning. At this time, your position has exceeded the limit, because your margin has been lost from 15% to 14%. Then the exchange will close its position, release the margin and keep your eight hands before 10:00.

If you think of the above example as a customer with only 5W, he will be forced to close his position without adding, and the deposit is still there, but it has changed from gold 15% at that time to 14%.

In addition, this example warns investors that they must not be heavy positions and must strictly stop losses!