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How is the compulsory liquidation system of Xinhua Bank stipulated?
The exchange implements a compulsory liquidation system. If the investor violates the rules, overstocks, fails to add the margin in time, or other circumstances stipulated by the exchange, the transaction owner will take compulsory liquidation measures against the investor. When an investor has one of the following circumstances, the member will forcibly close his position:

(1) The trading system measures investors' risks with "investor risk rate". When the investor's account risk rate is less than 100%, the investor's trading margin is insufficient, and the investor needs to increase the margin or reduce the orders held in time until the investor's account risk rate is equal to or greater than100%; When the risk rate of the investor's account is lower than 50%, the order that the investor has not transferred will be transferred.

(2) Being punished by the exchange for compulsory liquidation due to violation of regulations;

(three) according to the emergency measures of the exchange should be forced to close the position;

(four) other circumstances that should be forced to close the position;

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