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Will 021 Trade square off the positions in case of “freak trades”?

Will 021 Trade square off the positions in case of “freak trades”? Find a clear answer in this FAQ by 021 Trade.

Handling of Positions During Freak Trades

021 Trade does not initiate square-off of positions during a freak trade, as such price movements are extremely brief and typically revert to normal within a fraction of a second. During this short period, clients may observe a temporarily higher unrealised loss in their positions.

However, it is important to note that if a margin shortfall arises at any point, the Risk Management System (RMS) reserves the right to square off positions to cover the shortfall.