What is the socialized losses process

If the insurance fund gets depleted, Thalex may decide to socialize any remaining losses among the winning traders. As the socialized losses process is intended as a measure of last resort, Thalex aims to have sufficiently robust other risk mitigation processes in place to never have to rely on this measure.  

For more information on the socialized losses process and other procedures that Thalex may initiate, please consult the Rulebook.