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Will there be any changes to existing margin and Risk Management System (RMS) requirements?
Your standard margin rules and broker safety checks stay the same. Here is a simple breakdown of how it works during the Closing Auction Session (CAS):
- Placing new orders: If you place a fresh order during the auction, you need the standard funds or margin in your account, just like during regular market hours.
- Pending orders from earlier: If you have an unfilled order left over from the regular market session, it moves into CAS automatically without requiring extra funds.
- Modifying pending orders: If you edit or change a pending order during CAS, a fresh margin check will trigger, so you will need sufficient account balance.
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