Semua buku

Profesional

Aplikasi Tentang Pelatih Masuk Mulai membaca

Quantitative Finance · Glosarium

Apa itu Liquidation price, bankruptcy price?

Dikenal juga sebagai: liquidation price · bankruptcy price

Definition 18.2 Markets III: Commodities, Energy and Crypto · Bab 18 — Margin, Liquidation and Loss Allocation

The liquidation price of a position is the mark price at which its margin plus unrealised P&L falls to its maintenance margin, so that the venue takes it over. Its bankruptcy price is the price at which margin plus unrealised P&L is exactly zero.

Liquidation prices of isolated positions as a function of leverage, with a maintenance margin rate of 0.5% (). A long inverse position with coin margin is liquidated sooner than a linear one: at 2 times leverage, after a 33% fall instead of 50%. Data: the chapter’s tutorial.
Figure 18.1. Liquidation prices of isolated positions as a function of leverage, with a maintenance margin rate of 0.5% (Proposition 18.3). A long inverse position with coin margin is liquidated sooner than a linear one: at 2 times leverage, after a 33% fall instead of 50%. Data: the chapter’s tutorial.
Baca dalam konteks →

Istilah terkait