Can futures call auction close its position?
In theory, investors can close their positions within the bidding time, but in actual transactions, they generally cannot close their positions and need to wait until the opening. In addition, compulsory liquidation generally occurs when investors explode their positions and futures companies operate on their behalf. For example, if the investor fails to make up the margin, the futures company will close the investor's position, and the time is uncertain. If it is an extreme market, it may be forced to close the position during call auction.
Can compulsory liquidation guarantee a deal?
Forced liquidation may not guarantee the success of the transaction. The forced liquidation of futures companies is the same as the mechanism of investors entrusting themselves through trading software, and they all queue up for trading according to the principle of price priority and time priority. If the market is relatively stable and there are enough counterparties, you can force the liquidation. However, if the market fluctuates greatly, such as unilateral market or continuous unilateral market, it is generally difficult to forcibly close the position.
In short, when investors are trading futures, they must remember to make up the margin in time before the opening of the trading day to avoid being forced to close their positions by futures companies.