Liquidation and settlement are the "destiny" that exchanges and every trader must face sooner or later. If opening a position is the beginning of a relationship, filled with emotions, beliefs, and illusions; then closing a position is the end of that story, whether willingly or reluctantly. In fact, forced liquidation is a "thankless task" for exchanges. Not only does it offend users, but a single misstep can easily drag the exchange itself into trouble—and no one will pity it when that happe...

Liquidation and settlement are the "destiny" that exchanges and every trader must face sooner or later. If opening a position is the beginning of a relationship, filled with emotions, beliefs, and illusions; then closing a position is the end of that story, whether willingly or reluctantly. In fact, forced liquidation is a "thankless task" for exchanges. Not only does it offend users, but a single misstep can easily drag the exchange itself into trouble—and no one will pity it when that happe...