The trading account is not closed when the balance is reset to zero, and you can continue to trade on it after the balance is reset to zero. IUX recommends waiting until the balance has been reset to zero before depositing it to a negative balance. The process of resetting your balance to zero is automatic and you are not permitted to perform it on your own.
There are 2 cases for resetting the balance.
- In the case where all orders have been closed and the Balance is negative, the system will reset the Balance to 0 within 1–5 seconds. Please wait until Balance = 0 before making a deposit. Once the deposit is made, the full deposited amount will be credited. If a deposit is made while the Balance is still negative, the deposited amount will first be offset against the negative balance, and the net remaining balance after deduction will be displayed.
- In the case where there are still open orders and the Balance is negative, when a deposit is made, the deposited amount will first be deducted against the previous negative Balance. For example, if Balance = -20 (with open orders) and you deposit $100, the system will deduct 20 to settle the negative amount, resulting in a new Balance of $80.