OKX to adjust parameters in portfolio margin mode
Published on 10 May 20242 min read
To enhance capital efficiency for basis trading in portfolio margin mode, we will adjust the MR4 (basis risk factor) parameters at 8:00 am UTC on May 11, 2024. The specific changes are as follows:
Underlying currency | Before: maximum forward basis move | After: maximum forward basis move |
BTC and ETH | 30% | 10% |
MR4 is an evaluation of price fluctuations in expiry futures with the same underlying asset but different expiration dates. Note that expiry futures with later expiration dates may have higher volatility.
For details on MMR rules in portfolio margin mode, refer to Ⅴ. Portfolio Margin mode: cross margin trading.
OKX team
May 10, 2024