Current location - Trademark Inquiry Complete Network - Futures platform - Bank of China Default Management Shanghai Huolida
Bank of China Default Management Shanghai Huolida
If the customer defaults under financing, the futures company will strictly follow the instructions of the bank, including compulsory liquidation and control of deposit and withdrawal in the futures account, so as to ensure that the balance in the customer's futures account is first used to repay the bank's financing principal and interest and related expenses after compulsory liquidation; Under futures trading, if (part of) futures contracts are forced to be closed due to customer's breach of contract, the bank will start the disposal of collateral according to the instructions of the futures company, and use the disposal funds to make up the bank's financing principal and interest and related expenses.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

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