Because the futures market adopts the trading system of margin, exchanges and futures companies have the right to forcibly close the positions of customers who have not added the margin in place within the prescribed time limit to prevent and control the risks of customers and the futures market. In addition, members and customers have one of the following circumstances: customers and trading members engaged in self-operated business have held positions exceeding the position limit standard and have not closed their positions within the prescribed time limit; Being punished by the exchange for compulsory liquidation due to violation of regulations and breach of contract; According to the emergency measures of the exchange, the liquidation should be forced; Other circumstances that should force liquidation. Forced liquidation of trading ownership.
"Broker" refers to a company or securities company engaged in securities trading. There are CITIC, Shen Yin Wanguo, Qilu, Yinhe, Huatai, Guo Xin and Guangfa in China. In fact, it is the agent of Shanghai Stock Exchange and Shenzhen Stock Exchange.