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countdownCancelAll for positions: Close open positions after timeout in case of network/server outage#353

The countdownCancelAll API can be used to cancel all orders after a timeout in case of an outage. Unfortunately, it is not possible to also close the open positions. Therefore, a margin call can still happen.

The countdownCancelAll API should be extended such, that the open positions are automatically closed after a timeout. Even better would be it first tries to close it with a limit order (at the mid price) and then after a second timeout with a market order.

(Honestly, I don’t even see the point of the current countdownCancelAll API without this ability.)

2 months ago