# Tracing a liquidation request

This section summarises the sequence of events that allow you to track a liquidation and the associated individual orders in their entirety.

ACCOUNT_LIQUIDATION.NEW
You receive this webhook when the request for liquidation has been placed via the Investment API. It contains the generic metadata and an empty list of individual orders.

ACCOUNT_LIQUIDATION.PROCESSING
You receive this webhook when the first individual order in the list is executed, i.e. when the status of the individual order changes from `NEW` to `PROCESSING`.

The `object.orders.status` field in account liquidation events reports each order's current status. To follow individual orders, consume the corresponding order and execution events:

- a) `ORDER.NEW`: Emitted for each created order.
- b) `ORDER.PROCESSING`: Emitted when an order starts processing.
- c) `ORDER.FILLED`: Emitted when an order is fully filled.
- d) These events repeat until every individual order has status `FILLED`.
- e) `EXECUTION.SETTLED`: Emitted for each settled execution; after all executions settle, `ACCOUNT_LIQUIDATION.SETTLED` is emitted.


ACCOUNT_LIQUIDATION.FILLED
You receive this webhook when all individual liquidation orders have been completely executed. Positions reserved for other trades may remain in the account.

To make tracing and mapping of individual orders as easy and seamless as possible, each individual order executed in step 3 carries the corresponding `account_liquidation_id`. The liquidation ID can be found in the `client_reference` field of the individual order object. For more information, see the relevant API specification.