Position Separation Description

What is positionseparation?

Do not merge positions when multiple positions are opened in the same direction under the same futures code;each position has an independent position ID; the leverage of each position is set when the position is opened, and the setting is immutable; the liquidation price of each position is calculated separately for fixed margin; the liquidation price of cross margin is the same。

In cross margin position separation mode: all positions are liquidated together;

In fixed margin position separation mode: positions are liquidated individually one by one;

 

Restrictions on the number of orders in position separation mode

When the position mode is selected for position separation:

The upper limit of the number of positions and orders is 100 in total;

The maximum/minimum openable quantity follows the rules of the original position merger mode;

Note: The order includes "open position order, close position order, take profit and stop loss".

 

Notes

Please pay attention to the following situations when you select position separation mode:

• The default position mode of new users is cross margin position merger;
• When there is an open position, it is not allowed to switch the position mode;
• The leverage of each position is set when opening a position;
• Leverage cannot be adjusted separately for positions;
• Leverage multiples are consistent with position merger mode;
• Margin mode is consistent with the original position merger mode.

 

What is fixed margin/cross margin?

In fixed margin mode, only the available margin of the investor's position will be occupied. When the position reaches the liquidation line, the margin must be added manually.

In cross margin mode, all positions will share the available margin in the futures account. If a forced liquidation occurs, investors may lose all positions and margin. Please pay attention to position and risk control.