There is no specific standard for how many futures will fall and explode, because futures adopt the margin trading system, and the margin of each variety is different, so the degree of falling and exploding is different. Generally speaking, when the margin is less than 0, it means that additional margin is needed. If the margin is not added, it will be forced to close the position, and the funds for the explosion after the forced liquidation will be borne by the investors themselves.

That is to say, when the risk of the product is greater than 100%, the position will explode. For example, if you buy 1 hand silver with a deposit of 9000 yuan, when you lose 1000 yuan, the risk degree of the account will reach 100%. At this time, you need to add margin or close your position yourself. Generally, when the position is risky and it is necessary to close the position, the futures company will bear the risk.

Forced liquidation requires the following conditions:

First, the customer's trading margin is insufficient, which has exceeded the bottom line of risk control, and the market continues to develop in the direction of unfavorable positions. This is the basic premise for futures companies to implement compulsory liquidation in order to protect their own interests and prevent losses from expanding.

The second is to correctly fulfill the notification obligation of additional margin, which is a necessary procedure for futures companies to implement compulsory liquidation.

Third, the time and amount of additional margin should be reasonable.