As one of the futures terms, warehouse penetration refers to the risk that the customer's rights and interests in the customer's account are negative, that is, the customer not only lost all the margin in the account before opening the position, but also owed money to the futures company.
Man Cang refers to the behavior that buying and selling stocks is not divided into batches and times, but one-off, or one-off, and depends on the trading results.
Short position refers to the situation that the customer's rights and interests in the investor's margin account are negative under some special circumstances. A short position means that the loss is greater than the margin in your account. After the company is forced to draw a tie, the remaining funds are the total funds MINUS your losses, and generally there will be a part left.
Extended data:
The whole process of futures trading can be summarized as opening positions, holding positions, closing positions or physical delivery.
Opening a position, also known as opening a position, refers to the new purchase or sale of a certain number of futures contracts by traders.
Buying and selling a futures contract in the futures market is equivalent to signing a forward delivery contract.
If traders keep futures contracts until the end of the last trading day, they must settle futures transactions by physical delivery or cash settlement. However, only a few people make physical delivery, and most speculators and hedgers generally choose to sell their futures contracts or buy back their futures contracts before the end of the last trading day.
That is to say, the original futures contract is written off by a futures transaction with the same amount and opposite direction, thus ending the futures transaction and relieving the obligation of physical delivery at maturity. This behavior of buying back a sold contract or selling a bought contract is called liquidation.
There are two kinds of risks closely related to forced liquidation: puncture and abandonment. The so-called warehouse penetration refers to the risk that the customer's rights and interests in the customer's account are negative, that is, the customer not only loses all the margin in the account before opening the position, but also owes money to the futures company.
In the case that futures companies strictly implement the debt-free settlement system on the same day, cross-position events are not common, but they are also heard from time to time, because in the case of violent market fluctuations, customers' positions may be blocked on the stop-loss board quickly.
If the next day, under the action of inertia, the market opens sharply, and the customer is in Man Cang the day before, there may be a warehouse-breaking event.
The so-called short position refers to the situation that the customer's rights and interests in the investor's margin account are negative under some special circumstances.
When the market situation changes greatly, if most of the funds in the investor's margin account are occupied by trading margin, and the trading direction is opposite to the market trend, it is easy to explode the position because of the leverage effect of margin trading. If short positions lead to losses, and they are caused by investors, investors need to make up for the losses, otherwise they will face legal recourse.