To provide users with a better trading experience, Burency has optimized futures settlement and liquidation rules.

The trading system is expected to be upgraded at 2023–11–09 9:30 AM (KSA), and the upgrade time is expected to be 2 hours. During the upgrade period, no future operations are allowed, including position opening, closing, stop-profit and stop-loss, transfer of funds in and out, increase or decrease of margin, cancel orders, etc. In addition, the futures admin system will be unavailable during the upgrade. Please notify users of the adjustments as soon as possible so that they can prepare in advance to avoid unnecessary losses.

The specific optimization is as follows:

1. Futures settlement cancels the original minute-by-minute settlement and adjusts it to settlement immediately after the user closes the position. After closing the position, the "Closing PnL" capital flow type is added;

2. The overdue position allocation is adjusted to Auto-Deleveraging. The detailed rules of Auto-Deleveraging are as follows: https://futuresdoc.gitbook.io/help-center/perpetual/overview/adl

Note: If the position was created before the upgrade, since the settlement was carried out every minute before the upgrade, the "Entry price" in the position after the upgrade will be displayed as the last settlement price, and the "PnL" will be the last settlement price is calculated based on the average opening price.