Trigger conditions
Isolated margin
Each position is evaluated independently. If the position margin ratio reaches the liquidation threshold, that position can be liquidated.Cross margin
Cross-margin positions share eligible account balance. Unrealized PnL is included in the shared margin calculation. Liquidation can be triggered when the account margin ratio reaches the threshold.Liquidation process
- The liquidation condition is triggered.
- Open orders may be cancelled.
- Position exposure is reduced according to the applicable position tier and maintenance requirement.
- The account is recalculated after each reduction.
- The process stops once the margin condition recovers or the relevant position has been fully closed.