Position modes are the core rules governing the opening or closing of positions in futures trading, impacting how investors manage their positions. LBank supports two position modes: One-Way Position Mode and Hedge Position Mode. Details are as follows:

One-Way Position Mode

In One-Way Position Mode, investors can only hold positions in one direction (either long or short) for a specific contract, with profits and losses offset against each other. This mode restricts orders to reducing existing positions only, meaning orders will not increase position size or open positions in the opposite direction. This mode is ideal for investors who prefer straightforward position management and wish to avoid the risks of opening opposing positions.

Hedge Position Mode

Hedge Position Mode allows investors to simultaneously hold both long and short positions under the same contract, with profits and losses calculated independently and not offset. This mode enables risk hedging through long and short positions, offering flexibility to navigate market volatility. It is suitable for advanced traders pursuing diversified strategies.

Important Notes

1. Adjustment Restrictions：Position modes cannot be changed if there are open positions or pending orders for a specific contract. Please verify the contract status before attempting adjustments.

2. Platform-Wide Application：Changes to the position mode apply to all contracts. Please proceed with caution.

3. Instructions：For details, please refer to 「How to Set Position Mode for Futures Trading?」

⚠️ In case of any inconsistency in translations, the English version shall prevail.