Announcement on Adjustment of Price Limits Rules for SUNUSDT, SUNUSD, UNIUSDT, UNIUSD Perpetual Swap
Dear valued customers,
In order to improve the liquidity of the perpetual Swap market and optimize the trading experience, OKX perpetual Swap will adjust the price limits rules of perpetual Swap at 16:30 (UTC) on September 17, 2020. Details are as follows:
1. SUNUSDT、SUNUSD Perpetual：
Within 10 minutes after the contracts launched:
Max. bid price = Spot index (1 + 0.5%);
Min. ask price = Spot index (1 – 0.5%)
Contracts launched 10 minutes later:
Max. bid price = Min [Max (Index, Index*1.06 + price movement average within the last 10 mins), Index*1.12];
Min. ask price = Max [Min (Index, Index*0.94 + price movement average within the last 10 mins), Index*0.88]
2. UNIUSDT、UNIUSD Perpetual：
Within 10 minutes after the contracts launched:
Max. bid price = Spot index (1 + 0.5%);
Min. ask price = Spot index (1 – 0.5%)
Contracts launched 10 minutes later:
Max. bid price = Min [Max (Index, Index*1.06 + price movement average within the last 10 mins), Index*1.15];
Min. ask price = Max [Min (Index, Index*0.94 + price movement average within the last 10 mins), Index*0.85]
Thank you for your continued support and we assure you our best services at all times.
Regards,
OKX
Sep 17, 2020 (UTC)
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