Gain timely investment insights on:
By subscribing, you agree to receive research insights and marketing communications from us. You may unsubscribe at any time. See our Privacy Policy for details.
UTRADE MT4
UTRADE MT4 will trigger an auto-liquidation when margin level falls to 50% and below.
They will close out the position (in full) that is performing the worst.
Example:
| Position No | Symbol | B/S | Trade Size | Open Price | Market Price | Unrealised P/L |
|---|---|---|---|---|---|---|
| 1 | AUS200 | Buy | 10 | 5,904 | 5,808 | -969.60 |
| 2 | JP225 | Sell | 10 | 20,700 | 20,725 | -3.25 |
| 3 | US30 | Sell | 10 | 24,111 | 23,766 | 4,588.50 |
In this example, the AUS200 Position is making the greatest loss and hence it is the worst performing position. This position will be auto-liquidated in full when account margin level falls to 50% and below.
This process is repeated until the account margin level recovers above 50%.(i.e. 50.01%)
UTRADE DELTA
UTRADE Delta will trigger an auto-liquidation when Initial Margin Requirement % is 200% and above.
They will close out the position (in full or partial) that is performing the worst.
Example:
| Position No | Symbol | B/S | Trade Size | Open Price | Market Price | Unrealised P/L |
|---|---|---|---|---|---|---|
| 1 | AUS200 | Buy | 10 | 5,904 | 5,808 | -969.60 |
| 2 | JP225 | Sell | 10 | 20,700 | 20,725 | -3.25 |
| 3 | US30 | Sell | 10 | 24,111 | 23,766 | 4,588.50 |
In this example, the AUS200 Position is making the greatest loss and hence it is the worst performing position. This position could be auto-liquidated in partial or in full when initial margin requirement % reaches 200% and above.
This process is repeated until the account’s Initial Margin Requirement % recovers below 200%.