The compulsory liquidation of glass futures refers to the compulsory liquidation measures taken by the exchange against the relevant futures contracts held by members and customers in violation of the relevant business regulations of the exchange. When a member or customer has one of the following circumstances, the ownership of the transaction is forcibly closed: (1) the balance of settlement reserve is less than zero and cannot be replenished within the specified time; (2) Non-futures company members and customers hold positions exceeding their position limits. (3) Natural person positions in the delivery month; (4) Being punished by the exchange for compulsory liquidation due to violation of regulations; (five) according to the emergency measures of the exchange, it should be forced to close the position; (6) Other positions that should be closed by force. Before the compulsory liquidation, members will liquidate their positions by themselves, except for the time limit stipulated by the Exchange, that is, before the opening of the market to 10 and 15. If a member fails to close his position within the prescribed time limit, the Exchange will implement the compulsory closing position according to the prescribed procedures. The forced liquidation price is formed through market transactions. If the forced liquidation cannot be completed on the same day due to price limit or other market reasons, the remaining positions can be postponed to the next trading day to continue the forced liquidation until the liquidation is completed. The losses arising therefrom shall be borne by members or customers.