Is There a Waiting Period before a Trader Can Open a New Position after ADL?
No, there is generally no mandatory waiting period imposed by the exchange after an Auto-Deleveraging (ADL) event. The trader is free to open a new position immediately.
ADL is a market-driven risk mitigation tool, not a penalty. The only practical 'waiting period' would be the time it takes the trader to manually analyze the market and decide on a new trade, or to adjust their strategy based on the ADL event.