KDramaCharm
Fri May 17 2024
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5 answers
875
What happens if you don't exit futures on expiry?
Could you explain to me what would occur if I failed to close out my futures positions upon expiration? I'm genuinely curious about the potential consequences. Would my investments simply expire and disappear, or would there be some sort of automatic settlement process? Would I face any financial penalties or additional costs? Additionally, how does this impact my overall portfolio and future trading opportunities? It's important for me to understand these potential risks so that I can make informed decisions in my cryptocurrency and finance endeavors. Thank you for your assistance in clarifying this matter.
ZenBalance
Fri May 17 2024
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7 answers
1711
What if I don't exit futures on expiry?
I'm just starting to explore the cryptocurrency market, and I've been hearing a lot about futures trading. But there's something I'm not quite clear on: what happens if I forget to exit my futures contract on the expiry date? Will I lose all my money? Or is there some sort of safeguard in place to protect investors like me? I'm really nervous about making a mistake and ending up in a financial mess. Could you please explain this to me in detail? I'd really appreciate it if you could break it down in a way that even a beginner like me can understand. Thank you so much for your help!
